Thread by @carlquintanilla

JPMorgan has a new index — called the “Volfefe Index” — that measures Trump’s tweets and their impact on bond volatility. (1/x)

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

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Here are the words Trump most frequently uses in this genre.

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But they’re increasingly LESS likely to be “liked” or re-tweeted.

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Trump has averaged 10+ tweets a day since the start of 2016. “Starting in late 2018, however, activity has picked up substantially. The highest volume of tweets over the past four years has in fact come in recent months.”

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.. “though a substantial fraction of this rise in activity comes from an increased propensity to retweet others.”

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