Japanese Stocks Head for Highs on BOJ Stimulus

The video discusses the recent rise in market performance, highlighting a 6-year high in the Nikkei index and significant trading activity. The Bank of Japan's (BOJ) additional easing measures, including increased bond purchases and changes in pension fund allocations, have significantly impacted the market. Japan's public pension fund plans to increase its equity allocation, which is expected to inject substantial funds into global stock markets. This strategic shift will result in the fund owning a significant portion of Japan's equity market, influencing global investment dynamics.

What was the anticipated impact of the pension fund's strategy shift on the equity market?

What does owning 6% of Japan's equity market imply for the pension fund's investment capacity?