JP Morgan creates "Volfefe index" to analyze how Trump’s tweets influence volatility in stock market

[basquebromance]

JPMorgan creates 'Volfefe index' to measure Trump tweets' impact on market

Donald Trump likes to tweet… a lot.⁠
⁠
And the president’s Twitter fingers have caused quite a bit of market volatility (to say the least).⁠
⁠
So now in an attempt to quantify the impact his tweets have on the bond market, J.P. Morgan created the “Volfefe index” — a play on Trump’s infamous and mysterious “covfefe” tweet — to analyze how the president’s tweets influence volatility in U.S. interest rates.⁠
⁠
And the investment bank has a lot of content to examine — Trump has averaged 10 tweets a day since his election in 2016.⁠

 

[basquebromance]

beware the president who lacks emotional intelligence. in its absence all else will turn to ashes!

 

[JGalt]

Donald Trump giveth, and Donald Trump taketh away. I swear that guy can manipulate both the market and the media, like little puppets on strings.

 

[Billy_Kinetta]

beware the president who lacks emotional intelligence. in its absence all else will turn to ashes!

"Emotional intelligence"?

Another oxymoronic construct. Spock would slap your face.

 

[LordBrownTrout]

covfefe!

 

[basquebromance]

You know you got real power when one tweet affect world markets

 

[toomuchtime_]

JPMorgan creates 'Volfefe index' to measure Trump tweets' impact on market

Donald Trump likes to tweet… a lot.⁠
⁠
And the president’s Twitter fingers have caused quite a bit of market volatility (to say the least).⁠
⁠
So now in an attempt to quantify the impact his tweets have on the bond market, J.P. Morgan created the “Volfefe index” — a play on Trump’s infamous and mysterious “covfefe” tweet — to analyze how the president’s tweets influence volatility in U.S. interest rates.⁠
⁠
And the investment bank has a lot of content to examine — Trump has averaged 10 tweets a day since his election in 2016.⁠

Beware of J P Morgan. It's not the tweets that make the market volatile but the policy issues the President tweets about. Trump is a bold reformer who takes on all the tough problems at once and and tosses aside the failed policies others have been afraid to discard. This introduces uncertainty and the markets hate uncertainty. Obama was a professional politician and politicians are more interested in optics than outcomes that take much longer, so Obama mostly stayed away from tough problems because of the short term pain they might cause if he went after long term solutions, but Trump is clearly much less interested in optics than in outcomes, and this causes short term confusion in the markets. When the Chinese finally agree to level the playing field with the US and other developed countries, and they can't afford not to, the markets will stabilize and reflect all the gains to our economy Trump's China policy has brought us.

And when Iran is finally forced to give up all the gains it made in Obama's ignominious surrender to Rouhani, and give up all enrichment and research that could lead to nuclear weapons, the markets will reflect the new confidence in American policy we lost during the Obama years.

 

[OnePercenter]

Donald Trump giveth, and Donald Trump taketh away. I swear that guy can manipulate both the market and the media, like little puppets on strings.

Didn't Hitler lead by manipulation?

 

[JGalt]

Donald Trump giveth, and Donald Trump taketh away. I swear that guy can manipulate both the market and the media, like little puppets on strings.

Didn't Hitler lead by manipulation?

Not as well as Trump does. Hitler was an idiot, while Trump is a savant.

Are you scared?

 

[Terri4Trump]

JPMorgan creates 'Volfefe index' to measure Trump tweets' impact on market

Donald Trump likes to tweet… a lot.⁠
⁠
And the president’s Twitter fingers have caused quite a bit of market volatility (to say the least).⁠
⁠
So now in an attempt to quantify the impact his tweets have on the bond market, J.P. Morgan created the “Volfefe index” — a play on Trump’s infamous and mysterious “covfefe” tweet — to analyze how the president’s tweets influence volatility in U.S. interest rates.⁠
⁠
And the investment bank has a lot of content to examine — Trump has averaged 10 tweets a day since his election in 2016.⁠

 

[longknife]

Covfefe power: J.P. Morgan invents new index to measure impact of Trump’s tweets on markets

Among JPMorgan’s findings: there’s been an increase in what they call “market-moving tweets” — Trump tweets which are immediately followed by a volatility spike

(2/x) pic.twitter.com/2oKZMOX8VM — Carl Quintanilla (@carlquintanilla) September 8, 2019
Someone there doesn’t have anything better to do? Do they think reporting this will change market reactions?

The report delves into specific details of Trump’s tweeting habits. He has an average of 10 tweets a day and produced more than 10,000 since his 2017 inauguration. Most of tweets come between noon and 2pm, the report says, noting that the ones around 3pm can cause trouble for US market rates. The study also assumes that the president is asleep between 5am to 10am.

More @ Covfefe power: J.P. Morgan invents new index to measure impact of Trump’s tweets on markets

 

[iamwhatiseem]

Anything that makes the investor class nervous is most likely good for everyone else but them.

 

[basquebromance]

"i've got great confidence in the future of america. and to the naysayers i say: look elsewhere...where would you rather be? " - President Trump

 

[basquebromance]

audacity coupled with sound planning will prevail. that's how Trump will win and keep on winning!

 

[Harpy Eagle]

Anything that makes the investor class nervous is most likely good for everyone else but them.

Actually, the uncertainty is good for only them. Over the last almost 600 days we have had wild swings in the markets so that those with the capital and the knowledge could making a killing off of it. But during that time there has been almost no actual growth, that means that everyone that counts on the markets for their 401ks and other retirement accounts are not making out as well. They are seeing nothing but tepid growth of their investments.

 

[my2¢]

All this computerized trading based on artificial intelligence algorithms has me avoiding the market. Especially with these companies selling economic indicators to elite clients 2 seconds before releasing the data to the public. It all seems shady to me and so I've limited my Wall Street investments to a handful of ETF's.

 

[iamwhatiseem]

Anything that makes the investor class nervous is most likely good for everyone else but them.

Actually, the uncertainty is good for only them. Over the last almost 600 days we have had wild swings in the markets so that those with the capital and the knowledge could making a killing off of it. But during that time there has been almost no actual growth, that means that everyone that counts on the markets for their 401ks and other retirement accounts are not making out as well. They are seeing nothing but tepid growth of their investments.

Well that has been true for decades. 401ks consistently underperform

 

[Harpy Eagle]

Anything that makes the investor class nervous is most likely good for everyone else but them.

Actually, the uncertainty is good for only them. Over the last almost 600 days we have had wild swings in the markets so that those with the capital and the knowledge could making a killing off of it. But during that time there has been almost no actual growth, that means that everyone that counts on the markets for their 401ks and other retirement accounts are not making out as well. They are seeing nothing but tepid growth of their investments.

Well that has been true for decades. 401ks consistently underperform

When the market grows, they grow. But the market has been stagnant for 600 days...

 

[iamwhatiseem]

Anything that makes the investor class nervous is most likely good for everyone else but them.

Actually, the uncertainty is good for only them. Over the last almost 600 days we have had wild swings in the markets so that those with the capital and the knowledge could making a killing off of it. But during that time there has been almost no actual growth, that means that everyone that counts on the markets for their 401ks and other retirement accounts are not making out as well. They are seeing nothing but tepid growth of their investments.

Well that has been true for decades. 401ks consistently underperform

When the market grows, they grow. But the market has been stagnant for 600 days...

The market needs to be stagnant. in fact it needs an adjustment down.
You realize the markets are nothing but a game right?

 

[Harpy Eagle]

Anything that makes the investor class nervous is most likely good for everyone else but them.

Actually, the uncertainty is good for only them. Over the last almost 600 days we have had wild swings in the markets so that those with the capital and the knowledge could making a killing off of it. But during that time there has been almost no actual growth, that means that everyone that counts on the markets for their 401ks and other retirement accounts are not making out as well. They are seeing nothing but tepid growth of their investments.

Well that has been true for decades. 401ks consistently underperform

When the market grows, they grow. But the market has been stagnant for 600 days...

The market needs to be stagnant. in fact it needs an adjustment down.
You realize the markets are nothing but a game right?

I am sure the people that rely on them for their retirement would not agree