JPMorgan has created an index to track and quantify the impact President Trump’s tweets have on the financial market.
CNBC reports that the “Volfefe Index” — a reference to Trump’s viral “covfefe” tweet — aims to explain and measure how Trump’s tweets impact volatility in U.S. interest rates.
Of the more than 4,000 non-retweets from Trump’s personal Twitter account during market hours from the start of 2018 to now, 146 have reportedly moved the market
View the complete September 8 article by Owen Daugherty on The Hill website here.