News can have a delayed response on market performance, with an impact felt one month to twelve months after an initial news report. Financial and market news with positive sentiment predicted higher returns, lower volatility, and smaller drawdowns. But, government and corporate news with positive sentiment predicted lower returns, higher volatility and high drawdowns .
Professor Takatoshi Ito appeared on Bloomberg's, "Bloomberg Daybreak: Asia", to speak on Japan's inflation, the two BOJ dissenters who are leaving the board, and BOJ's purchases of ETFs. To view this segment, please visit the link below.
Professor Ito on Inflation, BOJ Meeting, ETFs (Bloomberg, 7/18/17)