GPIF
TOE Alert: GPIF Sses Pensioners' Money to Boost Stock Prices
written by Richard Katz on March 05, 2015
The stock monitor in Prime Minister Shinzo Abe’s office is just one of the indicators of the degree to which he sees rising stock prices as pivotal to approval ratings. In the past, he has used “jawboning” to try to raise stock prices. Now, he is using the money of Japan’s retirees and soon-to-be retirees.
