JPMorgan: Trump’s Market Influence Diminishes, but Tariff Tweets Still Rattle Markets
- Only 10% of Trump’s economic-related social media posts trigger currency movements.
- Tariff-related tweets from Trump continue to impact global financial markets.
- Potential spillover effects of tariff tweets into cryptocurrency markets are being questioned.
A JPMorgan study indicates that while only 10% of Trump’s economic-related posts affect currency movements, his tariff-related tweets still significantly influence global markets, with potential implications for cryptocurrencies.
Source (2.6)https://news.bitcoin.com/jpmorgan-trumps-market-influence-diminishes-but-tariff-tweets-still-rattle-markets/?rand=52384
