Quote Of The Week: This (Twitter) Bird Has Flown

The impact of presidential tweets may not be long-lasting

“President Trump has tweeted 10.1 times a day, on average, since assuming office in January 2017. Such announcements are often market-moving events, though research finds that within five trading days any statistically significant abnormal return is typically priced out. In short, Twitter storms induce bouts of volatility with less long-term significance.

Goldman Sachs Asset Management, Market Pulse, August 2019

About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

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