As The Carry Trade Unwinds: Potential Effects Abroad [View article]
My thought on why the yen that the BoJ "that has promptly left the shores of Japan" is exiting Japan is because domestic investors don't see any worthwhile investments in Japan. Many domestic industries in Japan have onerous regulations which inhibit innovation and the motivation to try to improve efficiencies. The research group PRB.org's latest population projections for Japan show that country's population decreasing significantly in the next 25 to 50 years due to a birthrate below fertility levels and and aging population. Finally, I think that the export industries that are successful are likely to be fully priced as far as their share prices are concerned.
As The Carry Trade Unwinds: Potential Effects Abroad [View article]