Author Topic: volfefe  (Read 412 times)

Offline Baiter

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volfefe
« on: September 11, 2019, 12:12:47 AM »
Quote
Two of the largest Wall Street banks are trying to measure the market impact of Donald Trump’s tweets.

Analysts at JPMorgan Chase & Co. have created an index to quantify what they say are the growing effects on U.S. bond yields. Citigroup Inc.’s foreign exchange team, meanwhile, report that these micro-blogging missives are also becoming “increasingly relevant” to foreign-exchange moves.

JPMorgan’s “Volfefe Index,” named after Trump’s mysterious covfefe tweet from May 2017, suggests that the president’s electronic musings are having a statistically significant impact on Treasury yields. The number of market-moving Trump tweets has ballooned in the past month, with those including words such as “China,” “billion,” “products,” “Democrats” and “great” most likely to affect prices, the analysts found.

https://www.bloomberg.com/news/articles/2019-09-09/jpmorgan-creates-volfefe-index-to-track-trump-tweet-impact
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Offline k7

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Re: volfefe
« Reply #1 on: September 11, 2019, 12:48:25 AM »
lol. invest now, before a tweet makes you go belly up. :P it's better than the volatile 2015s, when some a-hole blows up a single oil pipe in Iraq, and bam...you broke.

#America-Forgets-Housing_F-U_Mega_Fast       or        #Millennials-Have-No-Memory

it's just a goofy world. have a backup plan.
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              ...seriously, would grab one. thanks.