And although fiscal stimulus package «leaked» in the Nikkei Wednesday (JPY20trn, with JPY6trn
of «real water») appears to have had a supportive impact upon stocks by weakening the yen, even at its most generous, the supplementary budget for this fiscal year is likely to total only JPY2trn, with additional stimulus
spaced out over the coming years, and most
of this dedicated to public works (which, many fear,
runs the
risk of turning into wasteful spending rather than a monetary - plus - fiscal stimulus powerhouse).