UBS: Avoid Buying Japanese Stocks

This bloke doesn’t like Japanese stocks. Apparently, the Japanese are very keen on experimentation, always in the lab cooking up new schemes (extra unit 731). In regard to the world of negative rates, the Japanese are innovators, undergoing a most heinous experiment in monetary policy, called ‘Abenomics’.

UBS says it’s horseshit and it’s not working and you’d be better off taking horse kicks to the face than placing liquid assets over there.