OECD Warns Fed, BOJ, ECB of Asset Bubbles, “Risks to Financial Stability,” Pinpoints US Stocks & Real Estate

http://wolfstreet.com/2016/09/21/oecd-warns-fed-boj-ecb-of-asset-bubbles-risks-to-financial-stability-pinpoints-us-stocks-real-estate/

Financial instability risks are rising, including from exceptionally low interest rates and their effects on financial assets and real estate prices.”

Low interest rates underpin widespread and substantial increases in asset prices, both internationally and across asset classes, which increases the likelihood and vulnerability of a sharp correction in asset prices.

A reassessment in financial markets of interest rates could result in substantial re-pricing of assets and heighten financial volatility even if interest rates were to remain below long-term averages.

This is as close to code speak by financial authorities that markets are about to crash.

German Bund Yields Below Japanese Bonds For First Time Ever As BoJ Loses Control

I've been watching the Japanese government bond market for a while.  This could be the beginning of the end for Japan.  If/when the Bank of Japan loses control of the yield curve, Japan is cooked--due to its huge debt-to-GDP ratio.  This could be one of many black swans in global markets.  Unfortunately, Japan is the precursor to all insolvent western economies.

http://www.zerohedge.com/news/2015-02-03/german-bund-yields-below-japanese-bonds-first-time-ever-boj-loses-control

Japan's Likely Next PM Calls on BOJ to Print Unlimited Yen

This announcement by the Japan's next Prime Minister is extremely bullish for gold.  Yet, shares of gold miners tanked.  Who do you think will be buying at the bottom?

http://www.cnbc.com/id/49817892

Global Retaliation To QEternity Begin: BOJ Considers Additional Easing

Actually, not only did the Fed re-deploy QE, but so have the ECB, the UK, and China.  Japan is just late in joining the party.  Oh that's right, not true--Japan has been printing yen out of thin air for over 20 years running.

http://www.zerohedge.com/news/global-retaliation-qeternity-begin-boj-considers-additional-easing

BOJ Unexpectedly Adds Stimulus as It Sets 1% Target for Inflation: Economy

Japan QE's.

http://www.bloomberg.com/news/2012-02-14/bank-of-japan-unexpectedly-adds-to-monetary-easing-after-economy-contracts.html