Big Expectations BOJ Acts on Strong Yen: Mickey Levy

The transcript discusses the significance of the Bank of Japan (BOJ) over the Federal Reserve for U.S. markets, speculating on potential BOJ actions to weaken the yen. It highlights the BOJ's history of surprising the markets and Japan's ongoing economic struggles. The effectiveness of BOJ's policies, including zero or negative interest rates since 1999, is questioned, noting that non-monetary factors like demographics play a crucial role in Japan's economic challenges.

What are the potential side effects of the Bank of Japan's bold actions as mentioned in the text?

In what ways does the text suggest that non-monetary factors influence Japan's economy?