WisdomTree's Koll Says BOJ to Stay Passive-Aggressive

The video discusses the Central Bank's purchase activities, focusing on the Bank of Japan's (BOJ) strategy regarding ETF purchases. It explores the possibility of the BOJ cutting ETF purchases before reaching its inflation target, which is deemed unlikely as it would imply past policy mistakes. The discussion also covers the dynamics of the bond and stock markets, suggesting that domestic buying may reduce the need for large ETF purchases, maintaining a war chest of 6 trillion yen for at least two more years.

What was highlighted about the Central Bank's purchase activities in September 2016?

• A shift to foreign investments

• A significant increase in purchase activities

• No change in purchase activities

• A decrease in purchase activities

Why is it unlikely for the BOJ to exit quantitative easing according to the discussion?

• The BOJ has no more funds for QE

• The BOJ plans to increase interest rates

• The BOJ has already reached its inflation target

• It would mean admitting past policy mistakes

What is the BOJ's current stance on its policies?

• Increasing the interest rates

• Completely withdrawing from the market

• Maintaining a passive-aggressive stance

• Aggressively changing policies

What role do domestic buyers play in the Japanese stock market?

• They support the market and prevent dips

• They cause market dips

• They have no significant impact

• They only invest in foreign markets

What is the purpose of maintaining a war chest of 6 trillion yen?

• To increase the interest rates

• To invest in foreign markets

• To support domestic insurance companies

• To be used for ETF purchases based on market conditions