Banner Financial Services Japan

10/03/2022

05/12/2020

26/11/2020

https://www.linkedin.com/posts/banner-asset-management_2020-iim-awards-banner-asset-management-activity-6737493272404619264-jKSx

We are proud to announce that International Investor Magazine in its 2020 awards has named Banner Asset Management as the Investment Management Company...

17/04/2019

https://www.zerohedge.com/news/2019-04-17/bank-japan-now-top-10-shareholder-50-all-japanese-companies

What could go wrong?

While traders continue to obsess over daily "China trade deal optimism" headlines, Japan's central bank is quietly nationalizing its entire market.

13/03/2019

how low can it go .. negative!

A long-vacant school gymnasium building and land in Saitama Prefecture sold for a negative amount last December. The seller, Fukaya City, will pay 7,950,000 Yen to the buyer of the property. This i…

12/03/2019

http://www.bannerjapan.com/news/blog/

Some retirees will have a pension or several pensions (state; employer-based; private) to pay the income. Some will have a lump sum.

11/03/2019

https://www.bloomberg.com/news/articles/2019-03-08/japanese-banks-will-finally-stop-using-a-piece-of-1800s-technology?cmpid=socialflow-facebook-business&utm_content=business&utm_source=facebook&utm_campaign=socialflow-organic&utm_medium=social&fbclid=IwAR0Q7isNzXNe8PwPes3b9pyFyr-lXHgBkOJqJ4OJaUnFG6eU0c7x2nuvx2s

Personal stamps, or hanko, will no longer be required to open accounts or withdraw money at some of the country’s biggest lenders.

21/02/2019

Tick Tock...

At the current federal minimum wage of $7.25 per hour, working 40 hours per week, 52 weeks per year, yields an annual income of only $15,080. This is below the annual poverty line. It also reflects something that most people are unaware of -- in Illinois, there are more than 19,000 retired teachers....

20/02/2019

The Ebisu fund now almost 9 years of earning interest...

10/07/2018

One graphic perfectly captures the absurdity of Illinois pensions over the past three decades.

It’s what Justice Samuel Alito described as Illinois’ “generous public-employee retirement packages” when writing for the majority in the Janus v. AFSCME decision. Alito didn’t use this graphic but he could have, because it makes his point.

In 1987, pension promises made to active workers and retirees in the state’s five state-run pension plans totaled just $18 billion. By 2016, they had ballooned to $208 billion.

That’s a cumulative 1,067 percent increase.

Contrast that to the state’s budget (general fund revenues) which was up just 236 percent over the same time period. Or household incomes, which were up just 127 percent. Or inflation, up just 111 percent.

Promised pension benefits have blown past any ability of the state, the economy or taxpayers to pay for them.