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JPMorgan launches 'volfefe index' to track how President Trump's tweets impact markets

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'The subject of these tweets has increasingly turned toward market-moving topics, most prominently trade and monetary policy.'

JPMorgan Chase has created a special index to track how President Donald Trump's tweets impact interest rates and other economic indicators.

"The subject of these tweets has increasingly turned toward market-moving topics, most prominently trade and monetary policy,"said in a statement."And we find strong evidence that tweets have increasingly moved U.S. rates markets immediately after publication." The president has been accused of personally trying to influence the markets, and JPMorgan notes that"A broad swath of assets from single-name stocks to macro products have found their price dynamics increasingly beholden to a handful of tweets from the commander in chief."

 

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The should pay realDonaldTrump a commission. What moron would invest in this? Will it be in the options market? Asking for a friend.

that it rhymes with his stupid, fake word is the cherry on top. too bad there aren't trolling futures.

😂😂😂😂

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JPMorgan has created an index to track the effect of Trumps tweets on financial markets: 'Volfefe index'President Trump's market-moving tweets most often address trade and monetary policy, with keywords including 'China,' 'billion' and 'products.' I wager that what he id going for... …. all serious bond investors make multi-year investment decisions based on twitter tweets about weather and cat chasing a laser pointer...
Source: CNBC - 🏆 12. / 72 Read more »

A JPMorgan bot analyzed 14,000 Trump tweets and found they have a 'significant' impact on marketsThe bank's 'Volfefe Index' found that words like 'China,' 'billions,' 'dollar,' 'tariffs,' 'trade,' and 'Mueller' were triggers that moved markets. A robot ? AI ? Something programmed by a human ? Take it a decades. Maybe even years. No impact. (My opinion) No shit Sherlock.
Source: BusinessInsider - 🏆 729. / 51 Read more »