Zeev's Turnips Patch-No Politics (ZEEV)

[cash2go]

Asia green as government steps in

HONG KONG, Feb 3 (Reuters) - Asian stocks rose and the yen fell on Tuesday, helped by increasingly aggressive efforts by governments that were pouring out cash and investment to stabilise markets and support their economies.

Japan's central bank said it would buy $11.2 billion worth of badly performing shares off the books of the country's struggling financial institutions, supporting equities and weighing on safe-haven U.S. Treasuries.

Australia announces $26.5 billion second stimulus package


http://www.reuters.com/article/marketsNews/idAFSP25307920090203?rpc=44

We now have two major markets where central governments have announced they are directly buying shares to support their markets, Japan & China's Shanghai.

Will this carry over to a green US market? Or, will the market look at it as the demand for US debt is shrinking as the surplus nations are using their surplus to prop up their own markets?
I'm guessing we still have a "stimulus rally" coming short term.