Further comments by Japanese finance minister Taro Aso
- Reality of business is very robust
- All of Japan's economic fundamentals are near record highs
- It is the government's duty to maintain that
- There are various theories for falling stock prices, including Apple and low trading volumes
Expanding more from his earlier comments here. I reckon he's directing his comments more towards the drop seen in Japanese stocks to start the year. But it's very much the case that the decline mirrors the sentiment seen overseas during the past few sessions as Japan was observing a break.
'Heavy emotional influence' can be somewhat categorised as market sentiment and that's something rather important at this current point in time with volatility heightened and markets being particularly sensitive to headlines. All part and parcel of price action.
Next thing you know, Aso would be describing the declines as a "glitch".
