Markets

Trump’s tweets are having an outsized impact on Treasury yields, JPMorgan’s bizarrely-named ‘Volfefe’ index shows

The US treasury market has been displaying increased sensitivity to President Donald Trump’s tweets, according to JPMorgan’s “Volfefe” index. JPMorgan created the Volfefe index in late 2019 to track the correlation between US Treasury yields and Trump’s tweets. “Volfefe” is a reference to Trump’s peculiar usage of the word “covfefe” […]
Trump’s tweets are having an outsized impact on Treasury yields, JPMorgan’s bizarrely-named ‘Volfefe’ index shows
Strategy

One of Trump’s favourite phrases was named the 2017 Word of the Year

The American Dialect Society named “fake news” the 2017 Word of the Year. It said President Donald Trump helped change the definition of fake news from disinformation presented as news to “actual news that is claimed to be untrue.” Meanwhile, “alternative facts” was named Euphemism of the Year and “covfefe” […]
One of Trump’s favourite phrases was named the 2017 Word of the Year
News

10 things you need to know this morning in Australia

Good morning. 1. We’re going to the Sun. Well, NASA is, with its $US1.5 billion Parker Solar Probe. Launched by the end of 2018, the probe will slingshot around Venus seven times to build up speeds of more than 680,000km/h for 24 passes at the Sun. “I like to call […]
10 things you need to know this morning in Australia