{"id":4371,"date":"2019-09-13T23:45:36","date_gmt":"2019-09-13T18:15:36","guid":{"rendered":"https:\/\/triumphias.com\/blog\/?p=4371"},"modified":"2019-09-13T23:45:36","modified_gmt":"2019-09-13T18:15:36","slug":"volfefe-index","status":"publish","type":"post","link":"https:\/\/triumphias.com\/blog\/volfefe-index\/","title":{"rendered":"Volfefe index"},"content":{"rendered":"<p><strong>Relevance: prelims: Current Affairs<\/strong><\/p>\n<p>American investment firm JPMorgan has created \u2018Volfefe\u2019 index to track the impact of Donald Trump\u2019s tweets on US interest rates and stock market.<\/p>\n<p><strong>Key highlights<\/strong><\/p>\n<ul>\n<li>JPMorgan\u2019s \u201cVolfefe Index,\u201d named after Trump\u2019s mysterious covfefe tweet from May 2017, suggests that the President\u2019s tweets have increasingly moved the US rates markets immediately after they were published.<\/li>\n<li>Analysts also found that the number of market-moving tweets from Trump\u2019s handle rose in the past month, with those including words such as \u2018China,\u2019 \u2018billion,\u2019 \u2018products,\u2019 \u2018democrats,\u2019 and \u2018great,\u2019 most likely to affect prices.<\/li>\n<li>JPMorgan isn\u2019t alone in attempting to calculate the impact of the president\u2019s Twitter activity on markets. Analysts at Bank of America Merrill Lynch published a note last week concluding that days where President Trump tweets relatively frequently tend to see negative returns of 9 basis points on average.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Relevance: prelims: Current Affairs American investment firm JPMorgan has created \u2018Volfefe\u2019 index to track the impact of Donald Trump\u2019s tweets<\/p>\n","protected":false},"author":1,"featured_media":4358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[123],"tags":[392],"class_list":["post-4371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","tag-union-public-service-commission-upsc"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts\/4371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/comments?post=4371"}],"version-history":[{"count":1,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts\/4371\/revisions"}],"predecessor-version":[{"id":4372,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts\/4371\/revisions\/4372"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/media\/4358"}],"wp:attachment":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/media?parent=4371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/categories?post=4371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/tags?post=4371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}