ETF whale: Bank of Japan (E1391)
In this episode of the Keiser Report, Max and Stacy discuss the fact that the Bank of Japan now owns 73 percent of the country’s ETF market, and how this creates some relative winners at the expense of the growing pile of global “deplorables.” They also discuss the spread of negative rates to mortgage bonds, and how Trump’s Huawei ban may harm rural cellphone users. In the second half, Max interviews Randy Voller, a former Bernie delegate and former head of the Democratic party in North Carolina, about the entry of Joe Biden into the 2020 race for the Democratic nomination.
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