The Bank of Japan just loosened monetary policy yet again, cutting interest rates below zero. Over time, this could be negative for the Yen and positive for equities. One convenient way to get personal account exposure to both is via WisdomTree Japan Hedged Equity (NYSEARCA: DXJ), which has had a rough start to the year but could rebound in the months ahead.

Japan's currency appears to be expensive and risky while their equities trade at a cheaper average price than American equities, especially on the basis of book value. In other news, I will reiterate my offer that I made to any interested Germans - you can lend me money at half of the negative rate that Japan demands.