The Asahi Shimbun presents crude day-trading anecdotes as economic analysis on its front page.
This article exposes how its editorial board mistakes shallow speculation for serious economics, to the disbelief of rational observers worldwide.

March 3, 2017
The correctness of the commentary I conveyed in the chapter titled “The important thing is not to repeat criticism without alternatives to the government” should have been understood by anyone possessing a sound mind.
In contrast, the sheer awfulness of the article that the Asahi Shimbun published across a large portion of its front page is beyond description.
The Asahi Shimbun seems intent on weakening the Abe administration, diminishing Japan’s national strength, and perhaps even turning Japan into a vassal state of China.
In order to attack Abenomics by claiming that it distorts market price formation, the newspaper featured the story of a man who, at the age of thirty-eight, holds no legitimate profession and engages in day trading with ten monitors lined up in his room.
According to the article, when stock prices fall in the morning, there will be purchases of ETFs by the Bank of Japan in the afternoon, and one can trade by anticipating this.
Sometimes it works, and sometimes it does not.
The Rakuten Institute of Economics, the article claims, has developed a method with a fairly high success rate by making full use of computers.
This is the entirety of what the article amounts to.
Is this truly something that warrants occupying a vast space on a newspaper’s front page?
It appears that the economic editorial writers at the Asahi Shimbun genuinely believe that such content constitutes proper economic theory.
All sensible people around the world are bound to be astonished.