A play on volatility and cofefe, two things Mr President is known for.
Now, who is going to start a fund based on this new index?
Am surprised it took so long.
https://twitter.com/carlquintanilla/...94262591242240
A play on volatility and cofefe, two things Mr President is known for.
Now, who is going to start a fund based on this new index?
Am surprised it took so long.
https://twitter.com/carlquintanilla/...94262591242240
From Wiki:
In forming the basis of the methodology behind Volfefe, JPMorgan Chase used software to analyse the corpus of Trump's tweets. 14,000 tweets were used in the analysis to form the initial projections for their software.[6] Their analysts determined that there were direct correlations between tweets and subsequent market movements. These market movements were most notably evidenced when the tweet specifically references financial matters including the US Federal Reserve. The tweets issued during the working day of the New York Stock Exchange were more likely to cause a change in market sentiment, however, it was noted that the tweets can come at any time of day and thus have an effect on markets around the world. Key words in tweets include "China", "billion", "products", "Democrats", "great", "dollars", "tariffs" and "trade".
- here's some time wasting reading for you from 2008.
https://www.wired.com/2008/09/six-year-old-st/