In Shocking Finding, The Bank Of Japan Is Now A Top 10 Holder In 90% Of Japanese Stocks

Zerohedge has this amazing story from Bloomberg:

The latest shocking example of just how intertwined central banks have become in not only Treasury and corporate bond markets and their respective "valuations", but also in stocks, comes courtesy of the Bank of Japan which days ahead of an announcement which may see it double its ETF purchases from the current JPY3.3 trillion to JPY7 trillion or more (if Goldman is correct) has just been revealed to be a top 10 holder in about 90% of all Japanese stocks!

A central bank means... socialism.