The ever-expanding use of social media means investors now have to consider an additional input over and above the official channels of communication from the world's political leaders, writes Guy Stephenson
Some world leaders conform to historical protocol and rarely tweet, if at all. Others appear to use it outside of their advisers and any official press office - and it is this that can move markets. As an example, various members of the US Federal Reserve have previously hinted at a more hawkish or dovish view on interest rates compared with the chairman's official press release and then markets have seized upon the comment as it has gone viral. As an investor, it is important to decide what is fact, fiction, off-the-cuff, conjecture or ‘mis-spoken' - the last of which apparently the...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes