The Volfefe Index
J P Morgan, one of the largest investment banks in the world, has published a research paper introducing the “Volfefe Index”, which seeks to track the effect of President Trump’s tweets on financial markets.
According to J P Morgan’s analysts, there is now “strong evidence that tweets have increasingly moved US (interest) rates markets immediately after publication”. It is noteworthy that Trump’s twitter activity peaks between 12 noon and 3 pm — a timeframe when it can move the markets the most.
Source: The Indian Express