The Power of Twitter
Steven L. Taylor
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Saturday, April 27, 2013
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1 comment
Check out the correlation between the hacking of the AP’s Twitter feed (announcing a bombing at the White House) and DJIA as presented over at the Monkey Cage.
About Steven L. Taylor
Steven L. Taylor is a Professor of Political Science and a College of Arts and Sciences Dean. His main areas of expertise include parties, elections, and the institutional design of democracies. His most recent book is the co-authored
A Different Democracy: American Government in a 31-Country Perspective. He earned his Ph.D. from the University of Texas and his BA from the University of California, Irvine. He has been blogging since 2003 (originally at the now defunct Poliblog).
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Not coincidentally, Barry Ritholtz posts:
Twitter: Your First Source of Investment News
He ends with “Twitter has gone mainstream. News and trading may never be the same.”
(The Monkey Cage article repeats an error IMO, treating a blip well within normal daily volatility as a “loss to the economy.” Geez.)