Asian stocks extend global rout as traders flee to safety

It appears that Band Of Japan's Negative interest rate virus has spread all over the globe, BOJ chief Kuroda has turned everything red...!

This is what you can expect when the photocopier is left of printing money.

Or we can look at it as a much needed correction in the market. Stocks have been run up on the access to free money with little concern of the actual valuation of the companies. It was a free ride that is now over. We are getting back to the real valuation of stocks. It's not a bad thing.

N225 is still more than double its low in Feb 2009, so that is a rate of return on an index fund of over 15% a year. What is all the fuss? The markets always rise and fall and we are just seeing the wind being let out of the recent QE inflated stock bubble.

When are some governments going to have the b**ls to bring in some regulations to govern these banks and scaremongering traders.We all know that a lot of people are making a lot of money out of this confusion in the markets. Where are the concrete figures about the downturn in trade , everyone looks at China, they are on a week long national holiday,plus they don't do much business/manufacturing in the run up to the holiday. They , lust like India and Brazil have a huge untapped domestic market that they haven't even made a dent in yet. The US and UK seem to be on a roll,new jobs created, good exports figures Seems there are just a few reckless traders who sole aim is making money at any cost, and that's all it needs, just a few to start a panic.

BOJ & MOF should decisively take advantage of the very strong Yen, and sell lots of Yen and buy US$. Get the US$ and purchase US stocks & bonds & oil, foreign assets. In this way 3 benefits are obtained: 1. Yen will weaken, helping the economy & markets. 2. Increased in foreign reserves. (Just print more Yen if market players still want the Yen to appreciate). 3. Increased in higher yielding foreign investments and assets.

BOJ & MOF should decisively take advantage of the very strong Yen, and sell lots of Yen

You can't be serious.