The Top 10 Financial Tweets For Wednesday, August 7
There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical.
1. Danny Blanchflower
Danny Blanchflower (@D_Blanchflower), former Bank of England MPC member and current Dartmouth economics professor, tweeted following the change of policy at his former employer. He notes that the 7 percent unemployment rate threshold to raise rates may still be too low.
Carney makes clear that 7% threshold where they would consider raising rates - looks too high as wages will not be rising then
— Danny Blanchflower (@D_Blanchflower) August 7, 2013
2. Eric Jackson
Welcome back, wheeler-dealer Tim Armstrong
— Eric Jackson (@ericjackson) August 7, 2013
3. Patti Domm
— Patti Domm (@pattidomm) August 7, 2013
4. Bespoke Investment Group
Bespoke Investment Group (@bespokeinvest) tweeted some technical levels for traders this morning.
1,687 broke for the S&P 500 so 1,674 is the next support level. Then 1,650 at the 50-day moving average. $SPY $$
— Bespoke (@bespokeinvest) August 7, 2013
5. Brian Sozzi
Belus Capital CEO and Chief Market Strategist Brian Sozzi (@BrianSozzi) tweeted slightly sarcastically this morning, noting that retirees with 401k's may have a hard time understanding that the market is simply trading lower as investors fear tapering from the Federal Reserve.
Mom, your 401k losing money this week due to something called a "taper", call me, will explain...hopefully #markets
— Brian Sozzi (@BrianSozzi) August 7, 2013
6. Dan Primack
Fortune's Dan Primack (@danprimack) weighed in on the AOL acquisition of Adap.TV, noting that VC investors saw vastly different returns following the acquisition based on when they invested.
Adap.tv is a great return for early VCs. But not even a 2x for the last money in...
— danprimack (@danprimack) August 7, 2013
7. Steve Sears
Steve Sears (@sm_sears) tweeted a fact that all traders must remember in these summer doldrums.
Key fact to remember - even if it cannot be modeled - August = vacation time. Senior staff to beach. Kiddies told not to screw anything up.
— Steve Sears (@sm_sears) August 7, 2013
8. Pedro da Costa
Reuters' Pedro da Costa (@pdacosta) tweeted an interesting piece of research from the Kansas City Fed. The report highlights the recent shift in central bankers to rely more and more on forward guidance as a key policy tool.
This research underpins global central bankers' fervent new faith in 'forward guidance' on monetary poilcy http://t.co/bVRrUiETyE
— Pedro da Costa (@pdacosta) August 7, 2013
9. Julia Boorstin
Time Warner expects to complete Time Inc spinoff next year. $TWX
— Julia Boorstin (@JBoorstin) August 7, 2013
10. Blake Morrow
Wizetrade's Blake Morrow (@PipCzar) tweeted his thoughts following the 4 percent drop in the Nikkei Stock Index overnight and subsequent drop in the USD/JPY.
so...you can obviously see the confidence of the BOJ and PM Abe just slip sliding away
— Blake Morrow (@PipCzar) August 7, 2013
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