New JP Morgan index tracks market impact of Trump’s tweets

New JP Morgan index tracks market impact of Trump’s tweets

JPMorgan has launched an index to track the impact of President Trump’s tweets on market volatility. Called the ’Volfefe Index’, a reference to Trump’s since deleted ’covfefe’ tweet from 2017, the gauge tracks how much Treasury yields rise or fall within five minutes after a tweet by Trump. The tweets that have the biggest sway on the market focus on trade and the Federal Reserve.

Timothy
Timothy
Robo
Robo 5 months

That's hilarious.

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