In other news, Trump says peace talks with the Taliban are "dead" if it wasn't already clear. Somebody get this baby a new diaper.
Meanwhile, foreign investment in commercial real estate in the United States dropped by almost 50 percent during the first half of 2019.
Finally, JP Morgan has created a "Volfefe" index.
JPMorgan’s “Volfefe Index,” named after Trump’s mysterious covfefe tweet from May 2017, suggests that the president’s electronic musings are having a statistically significant impact on Treasury yields. The number of market-moving Trump tweets has ballooned in the past month, with those including words such as “China,” “billion,” “products,” “Democrats” and “great” most likely to affect prices, the analysts found.
“Trade and monetary policy have become an increasing focus for the executive branch, and everything from casual sentiments to seemingly formal policy intentions have been disseminated, globally and instantaneously, via this carefully scrutinized social media platform,” JPMorgan analysts led by Josh Younger and Munier Salem wrote. “In response, a broad swath of assets from single-name stocks to macro products have found their price dynamics increasingly beholden to a handful of tweets from the commander in chief.”
I feel like future satirists will have to expand their imaginations.