The Darren Aronofsky film Pi features a mathematician with the uncanny ability to perform complex arithmetic in his head. Notwithstanding his talent, he uses a computer to make stock predictions. In one scene, after recognizing a predictive pattern in a 216-digit output, the character becomes so overwhelmed that he passes out. This scenario is science fiction, but computers have long had greater processing power than humans. When used to build artificial intelligence (AI), as its datasets grow, so does a computer’s advantage. Rules-Based Systems Rules-based investing can be traced back to the industry’s formative literature. Books written by Benjamin Graham and other legendary investors explain investment rules that practitioners have tested and implemented over the years. This early reasoning provides the foundation for many of the rules-based processes used to make active investment decisions today. Explicit rules remove emotion from investment decisions and limit human error in execution. Systematic approaches often use the same information that discretionary investors do — market data inputs with buy or sell decision outputs. The rules driving these decisions are designed by humans, but computers maintain an important advantage: they can apply the directives to more markets and instruments than any individual could possibly analyze. Rules-based systems represent AI in its basic form as a series of “if-then” statements used to make decisions in the place of a human. These systems let investors take the logic in their heads and codify it to process information more efficiently and consistently. Machines Acquiring Knowledge A static rules-based system is intelligent, but limited because it cannot learn on its own. Machine learning occurs when a system processes data to assess its predictive power and then, using the information it has learned, improves its process for the next iteration. One way systematic investment strategies acquire knowledge is by borrowing logic from genetics. In evolutionary computation, investment rules evolve through selection using parent and offspring decision trees. Successful rules survive, much like genes in reproduction, and when computers can combine each strategy’s best characteristics, it does not take a lifetime. AI is also applied to investing via an extension of machine learning known as deep learning. Deep learning seeks to recognize patterns in financial markets through a process similar to facial and speech recognition. It uses neural networks to process information, effectively connecting virtual neurons by mimicking the design of the human brain.
While still in its early stages, this form of pattern recognition is positioned to disrupt traditional forms of technical analysis. Advances in processing power have made it possible to identify patterns through filters with more depth than a simple chart of prices. Deep Learning and Big Data The volume of financial market data is enormous and growing daily. Deciphering signal from noise in this environment represents an opportunity of equal magnitude. In this context, applying deep learning to the universe of big data offers the greatest investment potential for AI. While the performance of most algorithms decreases with increasing amounts of data, deep learning is less affected by this influence. As a result, the intersection of deep learning and big data is where most research is currently focused. Ultimately a combination of these disciplines will be available in the future. Investing has traditionally been a cyclical business, and the technology being developed today is a departure from this. Being able to analyze more information with greater intelligence than what is humanly possible is a structural change in an industry well equipped for innovation. Investors naturally focus on where they can have an edge, and combining their strengths with those of AI will increase the value they create with each investment. If you liked this post, don’t forget to subscribe to the Enterprising Investor. All posts are the opinion of the author. As such, they should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute or the author’s employer. Image credit: ©Getty Images/JIRAROJ PRADITCHAROENKUL Andrew DassoriAndrew Dassori is the Chief Investment Officer of Wavelength Capital Management, an independent alternative investment firm based in New York. Prior to founding Wavelength, Dassori was a portfolio manager at Credit Suisse focused on global macro investment strategies. While there he was also a member of the firm’s Global Citizens Program through which he worked at Equity Bank in Nairobi where he was responsible for a team building default risk models for microfinance loans, and represented the bank in meetings with the IMF, World Bank and other economic policy institutions. Dassori received a BSc from the London School of Economics. from http://capitalisthq.com/artificial-intelligence-for-investing/
0 Comments
from http://capitalisthq.com/terrorists-are-engaged-in-a-war-against-civilization-it-is-up-to-all-who-value/ Trust is key to your excelling in a fee-based environment. Establish your role as a trustworthy partner using our five best practices. from http://capitalisthq.com/5-ways-to-thrive-in-a-fiduciary-landscape/ KATHY GRIFFIN TRAUMATIZES 11 Year-Old Barron Trump Who Thought Disgusting Image Was His Dad!5/31/2017 HOW AWFUL IS THE AMERICAN LEFT? 11 year-old Barron Trump was reportedly traumatized after seeing Kathy Griffin’s picture holding a beheaded Donald Trump on television. TMZ reported:
from http://capitalisthq.com/kathy-griffin-traumatizes-11-year-old-barron-trump-who-thought-disgusting-image-was-his-dad/
The economy continues to do well, along with the stock market, prompting many to be concerned about inflationary pressures picking up speed. Below looks at the TIP/TLT ratio and the message it is sending about inflationary pressures, or lack of.
CLICK ON CHART TO ENLARGE Since 2011, this inflationary indicator has continued to create a series of lower highs, inside of the red shaded channel above. As mentioned in the chart, the indicator actually hit a low last July and started pushing higher. At the time of the low in this indicator at (1), nearly 90% of bond investors were bullish bonds and few thought the Fed would raise rates. That was a crowded trade that did not go well for bond bulls, as bonds fell hard and rates pushed sharply higher. Turning the page forward 10-months, the majority feel like the Fed will raise rates. Does the indicator agree with the crowd at this time? The TIP/TLT ratio hit 6-year falling channel resistance at (2) in March of this year and the ratio has continued to slip lower. The weakness the past 6-weeks has the ratio breaking below rising support at (3). Was the rally in this ratio at (1) a signal that inflation is back or was the rally nothing more than a counter trend rally, in a continuing downtrend? If inflation is really back, one would need to see this ratio reflecting strength and breaking out of its 6-year falling channel
Send me an email to review a Website: KIMBLECHARTINGSOLUTIONS.COM Blog: KIMBLECHARTINGSOLUTIONS.COM/BLOG
Questions: Email [email protected] or call us toll free 877-721-7217 international 714-941-9381
from http://capitalisthq.com/inflation-indicator-breaks-support-continues-to-fall/ Good day… And a Wonderful Wednesday to you! Whew! I had a much better night of sleep last night! I still don’t know what the problem was on Monday night, but I certainly was glad it did not return last night! Not much going on in the currencies or metals as I fire up my laptops, and check out what went on in the overnight markets… Another loss for my beloved Cardinals. The offense has simply dropped off a cliff, and dolt me, I stayed up to watch most of that debacle last night! The Band Yes, greets me this morning with their song: Roundabout… The Big Boss, Frank Trotter, sent me a link to an article on what the song Roundabout is all about, the last time I mentioned this song… Well, as I said in the opening, not much going on in the currencies and metals.. Although we did have one strong move overnight from kiwi, which got a clean bill of health from the Reserve Bank of New Zealand’s (RBNZ) Financial Monetary Stability Report for May. I’m waiting for the data of the day which will come from the Eurozone, where their May CPI (consumer inflation) will print. Here’s the skinny, Eurozone CPI bumped higher in March and April (up to 1.7%) and Eurozone President, Mario Draghi, shrugged it off saying that it was “short-term” and wouldn’t continue to go higher. The experts have this May CPI report as confirmation of what Draghi was saying, and they think CPI could slip back toward the 1% level that was prevalent in the Eurozone before the last two months… So, in the end this morning, the euro will be tied to “how much CPI falls in May”… Like I said, we’re waiting for the data to print as I write… I mentioned the RBNZ’s Financial Monetary Stability Report (FMSR) above… The report was upbeat and confirmed what I kept saying, which was that the New Zealand financial system is sound, and the risks facing the system have reduced in the past 6 months… The “risks” that the RBNZ is talking about is the Housing Bubble in Auckland. You may recall me telling you a few months ago, that the RBNZ had tightened the LVR (loan to value ratio) and that has done a lot of the heavy lifting toward reducing the risks… However, RBNZ Gov. Wheeler was quick to point out that, “As sharp reversal in risk sentiment could lead to higher funding costs for N.Z. Banks and an increase in domestic borrowing costs.” Wheeler also pointed out that “the outlook for the global economy has been improving but global political and policy uncertainty remains elevated and debt burdens are high in a number of countries”… Thanks to my friendship with the former Gov. of the RBNZ, Don Brash, who set me up to receive Reserve Bank notices a long time ago… These notices give me RBNZ insight , which is helpful, like the info on the FMSR… I have to say that I was shocked that RBNZ Gov. Wheeler, didn’t diss kiwi in the press conference following the issuance of the FMSR! And so, with RBNZ Gov. Wheeler not dissing kiwi like he usually does, and the FMSR having an upbeat tone to it, kiwi took off and gained over 1/2-cent to a 71-cent handle this morning… Remember a couple of weeks ago, when kiwi got the stuffing knocked out of it, and fell back to a 68-cent handle? I like looking at 68-cents in the rear view mirror! Well, the risk meter should be ratcheting higher this morning on the news overnight that a bomb exploded in Kabul near the opening of the Green Zone which houses U.S. military headquarters and embassy… I was watching Gold not reacting at all to the news of the suicide bomb explosion. So, maybe I’m making more of this information than needs to be made of… The euro has bumped up 20 ticks from where it was when I first turned on the currency screen this morning. Maybe the CPI data has printed and I’m just not seeing it yet… I’ll keep an eye out for that! Pound sterling got whacked again last night after another poll, this time it was the YouGov poll, which showed a further narrowing of the lead for Conservatives, and the YouGov pollsters decided to make a call afterward, saying that they believe that Conservatives could lose their majority in this election… Wait! What? OK, calm down and read on… It appears that the YouGov Poll is not a broad poll and therefore they have a wide plus- minus adjustment on their numbers… So, let’s take this report with a grain of salt and move on, eh? In China last night, their May PMI (manufacturing index) printed better than expected at 51.2 and expectations at 51… The April PMI was also 51.2, so no gain or loss for the Chinese in May, with regards to manufacturing. The Chinese renminbi was allowed to appreciate a small bit on the PMI print outcome. Stabilizing data is important to China right now… They need all the stabilizing they can get! Well, looky there! The euro has just jumped above the 1.12 handle, I’m still not seeing any data printing, but… Even a quick check of my Eurozone economic calendar didn’t show me what I was looking for to confirm that a better than expected CPI report is responsible for the move in the euro this morning. I did see most of the CPI reports for the individual countries of the Eurozone, and most of them were reporting better than expected CPI for May, except Germany, and with Germany being the largest economy of the Eurozone, it throws a larger than the average bear, spanner in the works, so I guess I’ll have to wait-to-see the Eurozone CPI report… In the meantime, the euro has bumped higher… The Bank of Brazil (BOB) meets today, and will announce a rate cut… At least that’s how I see it… I see the BOB cutting their Selic Rate (internal rate) 100 Basis Points today! That would bring their Selic Rate to 10.25%, and that won’t be the last of the rate cuts from Brazil going forward… Just to prove the BOB is totally removed from any influence of politics, they will cut the Selic Rate by 100 Basis Points even though the real has been getting sold like funnel cakes at a State Fair, because of Political risks in Brazil.. Earlier this month, I said something about the former President Dilma Rousseff who was impeached earlier this year. I said that current, interim President Temer, had charges brought toward him on the news that he knew about the illegal funds that went to Rousseff… Someone close to the Brazilian news sent me this when I made that error… “Rousseff has never been charged with taking bribes. She was accused of knowing about them, but there was no evidence. Edward Cunha took bribes and now we know VP Michael Temer was also involved with the bribes. Rousseff was officially impeached for providing false data about the state of the Brazilian budget just before an election. As Wikipedia puts it “finding Rousseff guilty of breaking budget laws and removing her from office.” There has never been a claim that she took money.” Chuck again.. that’s what I get for getting into “politics” especially in a foreign country! It is Month-end, and there could very well be position squaring for the month-end numbers, but with May not being a (quarter-end) the position squaring probably isn’t going to mount too much, but as I said we could very well see some today. If we see any it would probably benefit the currencies with some yield differential to the dollar… The reason I say that is that these currencies with some yield differential to the dollar had been see the most shorting, due to the rate outlook of the U.S. (higher), which would mean a narrowing of the yield differentials, and thus potentially weaken the higher yielding currencies… But that’s just for today, folks… once we turn the page on June 1, the shorts can go back on, literally and physically! It’s unofficially, summer, the kids are out of school, so it’s time to get those sharts (as our Little Christine pronounces SHORTS) out and wear them! The price of Oil continued to slide downward in the past 24 hours… After the OPEC meeting, Oil slipped, then recovered going into the weekend, then has gone back to slipping downward again.. not a lot of stability here, and certainly not on terra firma! The Petrol Currencies have been going back and forth alongside Oil, but at least the Norwegian krone has the euro strength on one side to keep it from getting sold too much. The U.S. Data Cupboard got things going yesterday morning with a print of Personal Income and Spending… Once again, everyone is wishin’ and hopin’ and thinkin’ and prayin’ for Consumer Spending to pick up… And it did… Here’s the skinny… Both Personal Income and Spending grew at a 0.4% clip in April… I would like to think that this is good for the economy… But I’ll have to see more of this, because March’s report wasn’t exactly stellar, even with an upward revision! This data also has a PCE component to it. (Personal Consumption Expenditures) which is the Fed’s preferred inflation report, and this component rose 0.2% putting the year on year rise at 1.7%… Still not 2%… Still not reaching the Fed’s target… And that’s just fine with me! The Case/Shiller Home Price Index for March was unchanged at a 5.9% increase…. And Consumer Confidence which has been running at all-time highs, saw a little slippage in May from April’s 119.4 sliding down to May’s 117.9.. Still quite high… and still no call to Chuck to see how confident he is! Today’s Data Cupboard only has Pending Home Sales for April… That’s not exactly going to move any markets… We will get the privilege to hear what two Fed members have to say today… Robert Kaplan and John Williams will speak today, and I expect both of them to walk the straight line to a Fed Rate hike… And we could get more talk about the Great Unwind… Gold had a down day yesterday, but the close was much better than the trading during the day, which saw the price of Gold slip by $ 11 and change at one point in the day. But Gold closed down just $ 3.80 at $ 1,262.80… The shiny metal is up a buck or two this morning, no big shakes… You know, I tell you all the time about the Gold accumulation that Russia and China continue to hoard… Well, if you do the math (don’t worry someone else has for you!) these two countries are basically taking on the entire global production of physical Gold, which leaves nothing for you and me, and jewelers and so on… An asset can only hold its current price when a scenario like this comes along, for so long… And then it historically breaks out to the top side, because of the lack of supply and the strong demand… That’s why I told some folks on the Butler Patio that I see Gold moving to $ 1,300 by summer’s end… of course I told them that was just my opinion and I could be wrong! To recap… Not much movement from the currencies & metals so far today… The euro has bumped higher on what Chuck believes is a better than expected May CPI in the Eurozone. Kiwi has jumped to a 71-cent handle on an upbeat Financial Monetary Stability Report and no dissing of the currency by RBNZ Gov. Wheeler last night. Gold lost $ 3.80 yesterday, and is up a buck or two this morning. Chuck is somewhat inquisitive about why Gold is not reacting to the news that a suicide bomb exploded in Kabul Afghanistan? The U.S. Data Cupboard told us yesterday that Personal Income & Spending both increased by 0.4% in May, that the PCE was at 1.7% year on year, and that Consumer Confidence slipped a bit in May, but is still very high… For What It’s Worth… You know how I keep saying the U.S. economy is going nowhere? Well, this writer from MarketWatch is pointing that out.. The article can be found here: http://www.marketwatch.com/story/the-economy-seems-frozen-in-time-but-underneath-the-ice-the-water-is-warming-2017-05-28?siteid=nwtam Or, here’s your snippet: “A new pro-business president, record stock-market prices and the highest level of consumer confidence in years shows a lot has changed for the U.S. economy in 2017. But one thing hasn’t: Headline growth appears frozen in time. Even a pickup in gross domestic product in the spring to 3% from 1.2% in the first quarter — helped by another strong month of employment gains in May — won’t alter the bigger picture. Read: Economy wasn’t as bad as it looked in first quarter, GDP shows The U.S. is still expanding at a roughly 2% annual pace that’s prevailed since a recovery took hold almost eight years ago, well below its historic 3.3% average. President Trump has vowed to restore the “good old days” but so far progress is scant. “We are still on the same track,” said Sam Bullard, senior economist at Wells Fargo Securities in Charlotte, N.C.” Chuck again.. The article goes on to say that the writer believes we are better off this year, than last year with the economy… Well, Let’s see… The economy went nowhere last year, and so this year we’re going nowhere faster! Currencies today 5/31/17… American Style: A$ .7458, kiwi .7110, C$ .7430, euro 1.1216, sterling 1.2842, Swiss $ .9713, … European Style: rand 13.0789, krone 8.4301, SEK 8.7028, forint 273.76, zloty 3.7187, koruna 23.5597, RUB 56.51, yen 110.83, sing 1.3824, HKD 7.7911, INR 64.45, China 6.8554, peso 18.73, BRL 3.2579, Dollar Index 97.12, Oil $ 48.60, 10yr 2.22%, Silver $ 17.30, Platinum $ 944.10, Palladium $ 808.90, Gold $ 1,266.30, and SGE Gold.. .$ 1,266.85 That’s it for today… The end of May… Pretty amazing to me that the year is flying by again! Tomorrow we welcome the month of June… I have NO Doctor’s appointments this week, nor do I have an infusion! It’s like I got a “get out of jail free” card! YAHOO! That could mean that I’m making a call to the Pizza Man Pizza every night! But I don’t see that happening… I just haven’t been that hungry at night recently… Tomorrow evening I’m going out! We’re having a retirement party for my good friend, Frank Trotter… I’ve been asked to say a few words, since I’ve known him longer than anyone else at the bank… And that’s what I’ll be working on today… I have to say the exact right things, I get no Mulligans, and I have to attempt to not be too sappy, in fears that I would get emotional and tear up! I used to tell people at presentations that Frank and I did together, that Frank & Chuck have worked together so long, that when we started the Dead Sea wasn’t even sick! HA! The Black Crowes take us to the finish line today with their song: Hard To Handle, which was originally done by the great Otis Redding. I prefer his version, but the Black Crowes did an excellent job on this song too! And with that, I hope you have a Wonderful Wednesday! Be Good To Yourself! Chuck Butler The post No Diss, And An Upbeat FMSR Sends Kiwi Higher! appeared first on Daily Pfennig. from http://capitalisthq.com/no-diss-and-an-upbeat-fmsr-sends-kiwi-higher/
Featured Stories News
“The reason the president is frustrated is because there’s a perpetuation of false narratives…”By Andrew Kerr Advertisement – story continues below White House press secretary Sean Spicer abruptly ended his first press briefing since May 15 on Tuesday after explaining that President Donald Trump is “rightly concerned” by media reports based on anonymous sources. “The reason the president is frustrated is because there’s a perpetuation of false narratives — a use of unnamed sources over and over again — about things that are happening that don’t ultimately happen, and I think that is troubling,” Spicer said. To prove his point, Spicer cited a tweet from a BBC News reporter that falsely claimed Trump did not have a listening device as Italian Prime Minister Paolo Gentiloni delivered remarks last week. Advertisement – story continues below “Friday, the president was having a great discussion at the G7, and someone from the BBC — and ultimately an incoming reporter for The New York Times — said he was being rude by disrespecting the Italian prime minister,” Spicer said. “That’s the kind of thing [they] push out and perpetuate … It’s true.” “That’s just fake. That is a fake,” Spicer said.
Advertisement – story continues below “The president gets frustrated when he sees a fake report about things that aren’t based in fact. When you see instances like that, that is frustrating,” Spicer added. The press secretary’s comments against “fake reporting” came in response to questions regarding the latest media reports accusing the president’s son-in-law and senior adviser, Jared Kushner, of trying to set up a secret communications channel with Russia in December during the presidential transition. Trump cried foul on the various Kushner reports, which were all based on the accounts of unidentified government officials. “Whenever you see the words ‘sources say’ in the fake news media, and they don’t mention names … it is very possible that those sources don’t exist but are made up by fake news writers. #FakeNews is the enemy!” the president wrote in a pair of tweets. Advertisement – story continues below The president on Tuesday retweeted a report by Fox News that exonerated Kushner.
However, Trump’s detractors were quick to note that the article he retweeted was based on the account of an anonymous source.
The president’s retweet of the anonymously-sourced Fox News report came just one hour prior to Spicer’s condemnation of the media’s reliance on unnamed sources. from http://capitalisthq.com/spicer-trump-is-justified-in-frustration-with-anonymously-sourced-media-reports/ Listen to the Playbook Audio Briefing http://bit.ly/2rDRgGf … Subscribe on iTunes http://apple.co/2eX6Eay … Visit the online home of Playbook http://politi.co/2f51Jnf Good Wednesday morning. THE TWEET READ ROUND THE WORLD — @realDonaldTrump at 12:06 a.m.: “Despite the constant negative press covfefe”. The tweet stood alone — nothing before it, or after it. If you had any doubt that the president of the United States was sitting late at night with his own device in the White House residence, this should probably dispel that. Trump deleted the tweet at some point in the 5 a.m. hour. #covfefe is now a trending hashtag on Twitter and launched an Urban Dictionary entry overnight (http://bit.ly/2qzNP3i). See the deleted tweet, which got over 126,000 retweets and 160,000 likes http://bit.ly/2sdnZPy Story Continued Below –@realDonaldTrump at 6:09 a.m.: “Who can figure out the true meaning of “covfefe” ??? Enjoy!” –@jimmykimmel at 2:15 a.m.: “More what makes me saddest is that I know I’ll never write anything funnier than #covfefe”. NOW BACK TO REALITY — AP’s VIVIAN SALAMA: “Trump’s cellphone diplomacy raises security concerns”: “President Donald Trump has been handing out his cellphone number to world leaders and urging them to call him directly, an unusual invitation that breaks diplomatic protocol and is raising concerns about the security and secrecy of the U.S. commander in chief’s communications. Trump has urged leaders of Canada and Mexico to reach him on his cellphone, according to former and current U.S. officials with direct knowledge of the practice. Of the two, only Canadian Prime Minister Justin Trudeau has taken advantage of the offer so far, the officials said. … “Presidents generally place calls on one of several secure phone lines, including those in the White House Situation Room, the Oval Office or the presidential limousine. Even if Trump uses his government-issued cellphone, his calls are vulnerable to eavesdropping, particularly from foreign governments, national security experts say. ‘If you are speaking on an open line, then it’s an open line, meaning those who have the ability to monitor those conversations are doing so,’ said Derek Chollet, a former Pentagon adviser and National Security Council official now at the German Marshall Fund of the United States.” http://apne.ws/2qAheGe BUZZ — The White House is scouting office space for the much-speculated about new White House “war room” in the Eisenhower Executive Office Building next to the White House. (There isn’t much open office space in the West Wing these days.) The war room would manage fallout from the scandals engulfing the Trump administration. Corey Lewandowski — one of the potential hires for the war room — has been spotted in and around the White House in recent days. FIRST IN PLAYBOOK: MITT ROMNEY’S annual retreat — the E2 Summit — will be June 8-10 at the Stein Eriksen Lodge in Park City. On the docket this year: Sens. John McCain (R-Ariz.) and Lindsey Graham (R-S.C.), Speaker Paul Ryan (R-Wis.), former Canadian Prime Minister Stephen Harper, former CIA Director Mike Morell and Microsoft Chairman John Thompson. GET YOUR MONEY’S WORTH!: There will be “enthusiast sessions” like trap shooting with Paul Ryan, pilates with Ann Romney and early-morning hikes with Mitt Romney. HOT VIDEO — @AlexanderEmmons: “Watch as Stuart Jones, a high-level acting official in the State Dept, is asked why they criticize Iranian elections but never Saudi Arabia:” http://bit.ly/2qz8VP0 … Jones is retiring soon after a career as a foreign service officer. INSIDE THE WEST WING — “As Trump Weighs Shake-Up, He Faces Recruiting Challenge,” by NYT’s Peter Baker and Maggie Haberman: “[T]alks with two former advisers, Corey Lewandowski and David N. Bossie, about joining the White House staff [have grown] more complicated. Mr. Bossie … signaled that he does not plan to join the staff, citing family concerns, one person close to the discussions said Tuesday. … Whether Mr. Trump will actually reorganize his White House team remained uncertain. “He has often talked about expelling people from his orbit, only to decide not to, as he did with Stephen K. Bannon, his chief strategist, a few weeks ago. Seemingly reinvigorated, Mr. Bannon is now among those leading the effort to convince the president that he needs to overhaul his operation to focus more intensely on the nationalist policy goals that animated his candidacy. … The president has joked repeatedly with [Reince] Priebus, whose mother is of Greek descent, that he would send him to Athens as ambassador to Greece. Speculation grew last week when a list of ambassadors was compiled at Mr. Priebus’s request, and the Athens position was left blank, officials said.” http://nyti.ms/2sl95Gi POLITICO STARS ANDREW RESTUCCIA and JOSH DAWSEY: “Russia probe scares off potential appointees”: “Four people who work closely with prospective nominees told POLITICO that some potential hires are having second thoughts about trying to land executive branch appointments as federal and congressional investigations threaten to pose a serious distraction to Trump’s agenda. … According to the nonpartisan Partnership for Public Service, the White House has announced nominees for just 117 of the 559 most important Senate-confirmed positions.” http://politi.co/2rDE8Rd — WHO REPLACES MIKE DUBKE?: Communications director to President Donald Trump is a nearly impossible job. Setting a message for a man who could undermine it with a tweet is not a terribly appealing job to the top communicators in D.C., many of them tell us. Who should get the job? Drop us a line, we’ll be publishing a round of ideas in the coming Playbooks. DEADLINE WATCH — PRESIDENT TRUMP must decide by tomorrow whether he will move the U.S. embassy from Tel Aviv to Jerusalem. He can sign a six-month waiver to keep the embassy in Tel Aviv while he continues to seek Middle East peace. He can also extend the waiver while signaling his intent to move it eventually. That’s what we hear he’ll do. DEPT. OF TIME TICKING — “Trump’s window for scoring early legislative victories is shrinking,” by WaPo’s Damian Paletta and Mike Debonis: “President Trump faces an increasingly narrow path to win major legislative victories before the looming August recess, with only two months left to revive his health-care or tax initiatives before Congress departs for a long break. White House officials said Tuesday that Trump has become increasingly incensed that legislation is bogging down in the Senate, something they blame on Democrats. … “White House officials plan to push Senate Republicans in June to vote on a repeal of the Affordable Care Act, and they want to spend the rest of the summer whipping up support for major tax cuts. They are also planning to push lawmakers soon to consider an infrastructure package, although that effort has also moved more slowly because his staff hasn’t put together a final plan.” http://wapo.st/2slrpip — BACK IN REALITY … -- Can the Senate cobble together a health-care plan in June? Sure anything can happen. Is it likely? No. They have hardly started putting together their own version of a health-care overhaul, and last week, Senate Majority Leader Mitch McConnell said, “I don’t know how we get to 50 (votes) at the moment. But that’s the goal.” That means they are nowhere close, at the moment. Keep in mind the next time you hear the White House predict something: they’ve been saying for months that they are on the brink of releasing an infrastructure package. After the August recess it only gets tougher. Congress will have to fund government, lift the debt ceiling and then it’s campaign season. ****** A message from Morgan Stanley: Morgan Stanley’s innovative financing is helping Unilever advance a commitment to sustainable growth. Capital creates change. Read the full story at morganstanley.com/unilever. CRC 1313323 10/15 ****** FOR YOUR RADAR — “Bombing in diplomatic area of Kabul kills 80, wounds scores,” by AP’s Rahim Faiez and Amir Shah in Kabul: “A massive explosion rocked a highly secure diplomatic area of Kabul on Wednesday morning, killing 80 people and wounding as many as 350, an attack that left a scene of mayhem and destruction and sent a huge plume of smoke over the Afghan capital. The target of the attack — which officials said was a suicide car bombing — was not immediately known, but Ismail Kawasi, spokesman of the public health ministry, said most of the casualties were civilians, including women and children. It was one of the worst attacks Kabul has seen since the drawdown of foreign forces at the end of 2014. “Associated Press images from the scene showed the German Embassy and several other embassies located in the area heavily damaged in the explosion. It wasn’t known if any foreign diplomats were among the casualties but Germany and Pakistan said some of their embassy employees and staff were hurt in the explosion.” http://apne.ws/2qzy9Nf JARED’S MOOD from ANNIE KARNI, the master of Jared intrigue — “Kushner tries to pretend everything’s normal”: “There has been no rallying the troops in the White House, and no open acknowledgement from President Donald Trump’s son-in-law, Jared Kushner, that he has transformed from behind-the-scenes West Wing powerbroker to its lead distracting story. Kushner led three meetings in the West Wing on Tuesday — and never once acknowledged the stories about him that dominated cable news since last week, when it was reported that during the campaign he discussed setting up a secret communications backchannel to Moscow.” http://politi.co/2qyFBbB MATT NUSSBAUM, TARA PALMERI and JOSH DAWSEY — “Spicer’s ‘middle finger’ to the press”: “On the recent trip abroad, he repeatedly showed the strain of the job. At one point, he got drinks with a group of other staffers and reporters in Jerusalem, where he was adamant that the conversation steer clear of work. ‘The most we’ve seen of Sean [Spicer] was at a rooftop bar in Jerusalem,’ said one U.S. journalist on the trip. ‘But he refused to take work-related questions and said if you asked him a work-related question, then you had to take a shot.’ The comment was made in jest, according to people present, and no shots were taken.” http://politi.co/2rTM14V INSIDE STATE — “Tillerson’s Enigmatic Chief of Staff Wields Power, Not Spotlight,” by Bloomberg’s Nick Wadhams: “One unfamiliar name stood out among the coterie of family and aides President Donald Trump brought into his meeting with Pope Francis at the Vatican last week: Margaret Peterlin. The presence of Peterlin — Secretary of State Rex Tillerson’s chief of staff — underscored the former congressional staffer and Mars Inc. lawyer’s growing clout in the administration. Not even Press Secretary Sean Spicer, a practicing Catholic who interacts with Trump almost daily, made it to the Papal audience, which included Tillerson as well as Melania and Ivanka Trump. “Peterlin, a Navy veteran who as a congressional aide helped draft the Patriot Act after the Sept. 11 attacks, gained Tillerson’s trust by navigating him through his Senate confirmation hearings in January. With most top State Department jobs unfilled, Peterlin has more power than any chief of staff in recent memory, bringing in key associates to fill critical openings.” https://bloom.bg/2qzcVzh — FASCINATING DETAIL: “She’s become famous within the State Department for the Post-it notes she leaves on staff members’ computer monitors asking them to chase tasks. Other times she prints out emails and attaches Post-its to them, with instructions on how to proceed.” THE FAMILY — “Arrested, missing China activists spark criticism of Trump,” by AP’s Erika Kinetz in Shanghai: “The arrest and disappearance of three labor activists investigating a Chinese company that produces Ivanka Trump-branded shoes in China prompted a call for her brand to cease working with the supplier and raised questions about whether the first family’s commercial interests would muddy U.S. leadership on human rights. The men were working with a U.S. nonprofit to publish a report next month alleging low pay, excessive overtime and possible misuse of student labor, according to China Labor Watch executive director Li Qiang, who lost contact with the investigators over the weekend. China Labor Watch has been exposing poor working conditions at suppliers to some of the world’s best-known companies for nearly two decades, but Li said his work has never before attracted this level of scrutiny from China’s state security apparatus.” http://apne.ws/2rj1GI2 NEW POLITICO/MORNING CONSULT POLL — “Poll: Support for Trump impeachment rises,” by Steven Shepard: “An increasing percentage of voters want Congress to impeach President Donald Trump — even if they don’t think Trump has committed the ‘high crimes and misdemeanors’ the Constitution requires. Forty-three percent of voters want Congress to begin impeachment proceedings, according to a new POLITICO/Morning Consult poll, up from 38 percent last week. … “But that’s still less than the 45 percent who don’t want Congress to impeach Trump, down a tick from 46 percent the week before. Only three American presidents in history have faced legitimate impeachment threats. Much of the support for impeaching Trump comes from political considerations, the poll shows — not a belief that Trump is actually guilty of impeachable offenses, like treason, bribery or obstructing justice.” http://politi.co/2rEa34b MEDIAWATCH — “Scott Pelley out as CBS Evening News anchor,” by Hadas Gold: “Scott Pelley is out as ‘CBS Evening News’ anchor, POLITICO has confirmed. Pelley will stay with the network as a full-time correspondent for ‘60 Minutes,’ according to people familiar with the decision. The New York Post first reported the news on Tuesday evening. A formal announcement is expected on Wednesday. Those familiar with the situation said the removal has been in the works for a while. Guest anchors will fill the evening news chair until a replacement is chosen. Pelley has been out on ‘60 Minutes’ assignment for the past few days, but he’s expected to return to the anchor seat to say farewell to viewers.” http://politi.co/2rDwZR2 — SEND US YOUR IDEAS for who should take over the anchor chair at CBS. We’ll publish some names in Playbook. TRUMP’S WEDNESDAY — THE PRESIDENT is meeting with Secretary of State Rex Tillerson and later will host Vietnamese Prime Minister Nguyen Xuan Phuc to the White House. THE JUICE … — FIRST IN PLAYBOOK -- OZY Fest, happening July 22 at Central Park’s Rumsey Playfield in NYC, is adding a number of political speakers to its lineup: Sen. Kirsten Gillibrand (D-N.Y.), Jill Biden, Mark Cuban and Marcus Samuelsson. — HAPPENING TODAY -- Recode co-founders Kara Swisher and Walt Mossberg will interview Hillary Clinton at Recode’s annual Code Conference in Rancho Palos Verdes, California. Clinton is expected discuss Russia’s efforts to influence 2016, the state of play in politics and tech’s gender gap. The interview will be broadcast live on CNBC and livestream on Facebook and Periscope at 3:15 p.m. eastern. INTRODUCING LONDON PLAYBOOK: Jack Blanchard — currently the Daily Mirror’s political editor — is joining POLITICO Europe to launch a London Playbook starting Sept. 4. Blanchard will bring our flagship product to London and all those interested in what makes Europe’s global city tick, as the U.K. seeks out a new role in Europe and the world. Blanchard has worked at the Boston Standard and Yorkshire Post, and he is also a Sky News contributor. Read POLITICO Europe Executive editor Matt Kaminski memo http://politi.co/2qF16lZ … To sign up early http://politi.co/2qyWQJA — POLITICO EUROPE has also launched a U.K. Election Tracker. Available for iPhones http://politi.co/2sl4gN1 TRUMP’S PARIS OPTIONS — “Trump’s climate conundrum nears a verdict,” by Andrew Restuccia: “Donald Trump’s advisers have sent wildly different messages to U.S. allies about the president’s willingness to remain in the Paris climate agreement — adding to the confusion as he appears set to render a verdict this week. … For all the mystery, though, Trump has only a few main options for dealing with the non-binding climate deal, one of former President Barack Obama’s proudest diplomatic achievements. He can stick with the deal, while unwinding most of Obama’s climate policies and pledges for reducing greenhouse gas pollution. He can use the threat of leaving to push other countries for concessions that benefit U.S. fossil fuels. He can even try to renegotiate the agreement — highly implausible, given that nearly 200 governments took part in crafting it. Or he can do nothing.” http://politi.co/2qyQOZt FLYNN WATCH — “Flynn to provide some documents in response to Senate subpoenas,” by Darren Samuelsohn and Austin Wright: “Michael Flynn has now agreed to provide some documents to the Senate Intelligence Committee as part of its investigation into Russia’s meddling in the presidential election. The decision by President Donald Trump’s former national security adviser comes after initially refusing last week to comply with an initial subpoena. “Flynn informed the committee in a letter Tuesday he will provide some documents related to his two businesses, along with some personal materials, according to a source close to Flynn who spoke on the condition of anonymity. Flynn is expected to begin providing documents on a rolling basis by June 6, the source said.” http://politi.co/2rDQpoX — “Mike Flynn’s Pro-Turkey Work: An Unfinished Documentary to Boost Country’s Image,” by WSJ’s Dion Nissenbaum: “Last fall, as retired Lt. Gen. Mike Flynn traveled the country stumping for Donald Trump, his business partner holed up in a small Washington hotel room with the former head of Turkish military intelligence to work on a special project. ‘General, hi. I’m Bijan Kian, welcome to Washington, D.C.,’ Mr. Kian, the head of Mr. Flynn’s consulting firm, greeted the Turkish dignitary. ‘Gen. Flynn, my partner, sends his regards to you.’ The hotel room meeting was filmed as part of a documentary the Flynn Intel Group was producing for a Turkish businessman, who paid $530,000 to the lobbying shop to polish the country’s image after a botched military coup. That contract has landed Mr. Flynn in legal jeopardy. The unfinished, never-distributed film, details of which haven’t been previously reported, appears to represent the core of the Flynn Intel Group’s work for Turkish interests.” http://on.wsj.com/2qyIRno ****** A message from Morgan Stanley: Capital creates a fresh perspective. Can business contribute to a sustainable future? Absolutely. Morgan Stanley helped Unilever point the way forward raising £250 million ($415 million) with a first-of-its-kind green bond offering. The capital went toward projects that promote Unilever’s vision of reducing waste, water use and greenhouse gases by 30% in existing factories compared with 2008 levels. In new factories funded by this green bond, Unilever is committed to cutting in half CO2 emissions, water use and waste. Now Unilever can have less impact on the planet.1 Capital creates change. morganstanley.com/unilever DISCLAIMER: DEEP DIVE – BETHANY MCLEAN in Vanity Fair’s Summer issue, “How Wells Fargo’s Cutthroat Corporate Culture Allegedly Drove Bankers to Fraud”: “Most Americans have assumed their bank accounts are sacrosanct. But with the major scandal unfolding at Wells Fargo, angry former employees illuminate the alarming pressure that allegedly led local bankers to defraud perhaps more than a million customers.” http://bit.ly/2sdaaAJ WHAT WALL STREET IS READING – “Steven Cohen’s Hedge-Fund Comeback Shoots for a Record Target: $20 Billion,” by WSJ’s Rob Copeland: “Mr. Cohen’s goal is to amass $20 billion once he gets back in the business as early as next year, he and his representatives have said in conversations with bankers, colleagues and potential investors. That would likely include his family fortune of $11 billion. The new target would blow past the $16 billion managed at peak by Mr. Cohen’s SAC Capital Advisors LP, one of the most profitable hedge-fund firms in the U.S. before it pleaded guilty to criminal insider trading charges in 2013.” http://on.wsj.com/2ragquC MEDIAWATCH — “Megyn Kelly: I don’t love politics,” by Hadas Gold: “Megyn Kelly has a confession: She doesn’t love politics. ‘I was not born to be a political news anchor,’ she said, in a POLITICO interview. The newly minted NBC anchor was known for her fast-paced, hard-hitting nightly show on Fox News and moderating prowess on the debate stage, tangling with then-candidate Donald Trump. But now that she’s set to launch a Sunday news magazine show and a daily morning show on NBC, Kelly said she’s happy to be leaving the political frying pan. ‘No, I’m not going to miss the crazy news cycle. The audience enjoyed the show and I’m grateful for it,’ Kelly said. ‘But it wasn’t who I was and it isn’t who I am. … While I will cover politics … I don’t want to do only that. It’s not enough for me personally.’” http://politi.co/2rTrYn4 PHIL RUCKER: STAR OF THE ONION — “‘Washington Post’ Reporter Frustrated Every Space In Parking Garage Taken Up By Anonymous Source” – The Onion: http://bit.ly/2rnaOhb SPOTTED -- Sen. Patty Murray (D-Wash.) in coach on a Seattle-appropriate purple rain jacket, on a delayed Alaska 2 from Seattle to DCA Tuesday … House Transportation Chairman Bill Shuster in jeans and short sleeves at Joe’s Stone Crab’s bar Tuesday … Arkansas Lt. Gov Tim Griffin and Rep. Barbara Comstock (R-Va.) at Landini Brothers Restaurant last night in Old Town Alexandria. Griffin and Comstock go way back to when they were counsels on the House Government Reform Committee with investigator Dave Bossie. Comstock and Griffin later led the research effort in 2000 on Al Gore with senior researcher Matt Rhoades. Griffin was a member of Congress from 2010 until 2014. WEEKEND WEDDING — Emily Howell, former POLITICO assistant editor, on Saturday married Lyndon DeSalvo, a recent graduate from University of Pennsylvania’s city planning masters program. The ceremony was at Mad River Barn in the beautiful Green Mountains in Waitsfield, Vermont. The couple met more than a decade ago while attending Carleton College in Northfield, Minnesota. They have since traveled the globe together. After a honeymoon in Mexico, the newlyweds are moving to Cambridge this summer where the bride will be pursuing a MPH at Harvard. Among the attendees were bridesmaid Vivyan Tran (former Politico and current WSJ, who sat behind Bernie Sanders on her flight back to Newark from Burlington) and Tim Lueders-Dumont (policy director for Vermont State Treasurer). Pics http://bit.ly/2rDt3j2 … http://bit.ly/2rDYjyt WELCOME TO THE WORLD — Ashley Verville, communications director for Rep. Ed Perlmutter (D-Colo.) and Shane Verville, performance coach at U.S. Bank, welcomed Olivia Lynn Verville last Wednesday. Pic http://politi.co/2rjeiz7 — Molly Murphy, partner at ALG Polling, and Sean Dryden, senior analyst at PerryUndem Research and Communication, welcomed a baby boy, Charlie Cooper Dryden, over the Memorial Day weekend. Charlie came in at 7 lbs 8 oz. Since his parents are pollsters, “the kid is going to have a knack for math and was statistically within the margin of error in all categories.” ENGAGED – ROMNEY ALUMNI — Micah Spangler, deputy director of legislative affairs at the United Nations Foundation, proposed to Jill Nguyen, senior client strategy manager at Phone2Action, over the Memorial Day weekend. “Micah popped the question on the steps of Mexico City’s historic Metropolitan Cathedral. The two first met in early 2016 but didn’t start dating until this year, when, after preparing to collaborate on an advocacy event at UN Headquarters, Jill (a vocal Hillary supporter) texted Micah (a former Romney 2012 staffer), ‘I can’t believe you’re a Republican.’” Pic http://politi.co/2qyMYjf TRANSITIONS — Julie McClain Downey started last week as national director of campaign communications at EMILY’s List. She most recently served as the New Hampshire communications director for the Hillary Clinton campaign. … John Martin started on Tuesday as principal associate commissioner for legislation at the FDA. Martin, the pride of Grapevine, Texas, most recently served as legislative director for Sen. Tom Cotton (R-Ark.). … Tom Rogan has been named a commentary writer at the Washington Examiner. He was previously a contributor. http://bit.ly/2rakB9S … Alberto Martinez, EVP at Targeted Victory and former chief of staff to Sen. Marco Rubio, has joined Maverick PAC’s board of directors. BIRTHWEEK (was yesterday): Jake Hargraves … Scott Mason, former Lowe’s lobbyist, former director of congressional affairs for the Trump campaign and the transition, now at Holland & Knight (hat tip: Theo Meyer) … Jeff Freeland, OMB legislative staffer, former deputy COS for Rep. Chris Collins and former Trump congressional volunteer … Stratton Kirton … Rob Noel … Loren Duggan … (was Saturday): Andrew Tabler of The Washington Institute for Near East Policy (h/t Mallory Shelbourne) BIRTHDAY OF THE DAY: Lauren Passalacqua, comms director at the DSCC, a Gillibrand alum and noted country music fan. How she’s celebrating: “It’s a surprise! I’ve shown uncharacteristic restraint by not prying for information.” Read her Playbook Plus Q&A: http://politi.co/2qA0y1P BIRTHDAYS: Michael O’Connor, partner at Williams & Connolly and co-chair of its Transactions and Business Counseling practice group (h/t Robert Barnett) … Al From, the pride of South Bend, Ind. … Clint Eastwood is 87 … Bernard Goldberg is 72 … Katie Troller Bond … Aditi Srinivas … Rep. Larry Bucshon is 55 (R-Ind.) … Rep. Madeleine Z. Bordallo (D-Guam) is 84 … Politico’s Janet Michaud, Brad Bosserman, Matt Berman, Jamie Oh and Hugh Stapleton … RNC finance alum Angela Meyers … Debra DeShong, EVP and managing director at Subject Matter (h/t Amy Weiss) … McClatchy’s Julie Moos … Dan Iten … Clark Judge, founder and managing director of White House Writers Group … Phil Elwood, principal at Chester Creek Consulting … “Last Week Tonight” writer Juli Weiner … former Rep. Duncan Hunter (R-Calif.) is 69 … … Bert Kaufman … Ray Quintero, principal at Healthsperien (h/t Kristofer Eisenla) … Vidhya Murugesan … Saul Levine is 79 … Jay Dana is 3-0 … Dan Pino is 28 … Howard Homonoff, SVP at MediaLink (h/t Michael Knopf) … billionaire Ira Rennert is 83 … Rabbi Aaron Potek is 31 (h/ts Jewish Insider) … Fariba Yassaee (h/t Ben Chang) … Marilyn Tavenner, president and CEO of AHIP … Erik Telford, VP of digital at In Pursuit Of … Ray Quintero … Sara Carter, national security/war correspondent at Sinclair’s Circa … Paul Heinan … Stephanie Weix … Rhonda Roberts (h/ts Teresa Vilmain) … Karen Quarles … Pamela Hughes … Steve Duprey … Bill Oglesby … Alix Heard … Joe Namath is 74 … DMC is 53 … Brooke Shields is 52 … Colin Farrell is 41 (h/ts AP) ****** A message from Morgan Stanley: Capital creates a fresh perspective. Can business contribute to a sustainable future? Absolutely. Morgan Stanley helped Unilever point the way forward raising £250 million ($415 million) with a first-of-its-kind green bond offering. The capital went toward projects that promote Unilever’s vision of reducing waste, water use and greenhouse gases by 30% in existing factories compared with 2008 levels. In new factories funded by this green bond, Unilever is committed to cutting in half CO2 emissions, water use and waste. Now Unilever can have less impact on the planet.1 Capital creates change. morganstanley.com/unilever DISCLAIMER: SUBSCRIBE to the Playbook family: POLITICO Playbook http://politi.co/1M75UbX … New York Playbook http://politi.co/1ON8bqW … Florida Playbook http://politi.co/1OypFe9 … New Jersey Playbook http://politi.co/1HLKltF … Massachusetts Playbook http://politi.co/1Nhtq5v … Illinois Playbook http://politi.co/1N7u5sb … California Playbook http://politi.co/2bLvcPl … Brussels Playbook http://politi.co/1FZeLcw … All our political and policy tipsheets http://politi.co/1M75UbX from http://capitalisthq.com/covfefe-trumps-late-night-tweet-goes-viral-trumps-cellphone-diplomacy-buzz-white-house-war-room-to-eeob-first-in-playbook-romneys-retreat-schedule/ Update: after deleting the original tweet that kept much of Twitter, and most of the political media up all night, Trump followed up shortly after 6am with a tweet in which he tried a humorous spin on “covfefe”: “Who can figure out the true meaning of “covfefe” ??? Enjoy!” Trump tweeted at 6:10am ET.
Many were quick to ask just how many conspiracy theories Trump’s question would start. * * * Trump’s infamous late night tweeting appeared to finally cross into the twilight zone on Wednesday morning, when moments after midnight, president Trump sent out a bizarre unfinished tweet with a typo. “Despite the constant negative press covfefe,” Trump tweeted shortly after 12 a.m. E.T. Thirty minutes passed, then an hour, and the tweet remained undeleted, meanwhile the questions mounted. The NYT pondered, “had the president’s lawyers, so eager to curb his stream-of-consciousness missives, tackled the commander in chief under the cover of night? Perhaps, some worried aloud, Mr. Trump had experienced a medical episode a quarter of the way through his 140 characters.”
The tweet remained undeleted from Trump’s timeline for nearly 6 hours, and was deleted shortly before 6am ET, but not before sparking a firestorm of replies, with “covfefe” trending on Twitter. The tweet had over 10,000 reactions by 12:30 a.m. “What if this is it,” asked Emily Nussbaum, the New Yorker television critic, after just five minutes. “That is his final tweet & the rest of history stops.”
Some appeared to temper their whimsy as a more sobering news story dominated the medium: a huge explosion shaking Kabul, leaving dozens dead or wounded. But the instinct to linger was powerful, for those who had glimpsed the initial post, even if they did not seem entirely sure why they were still awake. Eventually, the jokes lurched into delirium. Twitter users held forth on the former F.B.I. director James Covfefe. They pledged to order a grande covfefe during their next Starbucks runs. They announced they had at last discovered what Bill Murray whispered to Scarlett Johansson at the end of “Lost in Translation.” Some speculated this was America’s nuclear code. Here are some of the ways people responded to Trump’s tweet:
from http://capitalisthq.com/bizarre-trump-midnight-tweet-sparks-twitter-trolling-bewilderment-mockery/ President Donald Trump ruled Twitter in the overnight hours from late Tuesday night (depending on your time zone)into Wednesday morning with an uncorrected Twitter typo that sent Trump obsessed media and politicos into a Twitter frenzy. Trump’s unfinished tweet, posted at 12:06 a.m. EDT on Wednesday, read, “Despite the constant negative press covfefe”. In just two hours over 500,000 tweets were generated using the Trumpian non-word “covfefe”, with #covfefe topping Twitter’s trending sidebar. Trump did not post a follow-up, leaving the Twitterati to stay up late reveling in “covfefe”.
Twitter Data Editor Elaine Filadelfo posted a graph showing how the keyword “covfefe” took off from zero mentions just after midnight EDT and took off like the Reagan recovery to thousands of mentions per minute, peaking at 2 a.m. when the chart cut off.
Filadelfo reported that over 500,000 tweets with “covfefe” were posted in two hours, “Over half a million #covfefe tweets in 2 hours. At 2am. Go to bed, your work here is done. (Is mine?)”
Filadelpfo confirmed this was the first time “covfef” had ever appeared on Twitter.
As of 5 a.m. EDT Trump’s tweet was still getting thousands of reactions every fifteen minutes and had been retweeted over 118,000 times, favorited over 150,000 times and had received over 39,000 replies in the five hours since “covfefe” was tweeted. In contrast Trump’s tweet on Monday morning about the Portland murders of two men defending a Muslim woman has been retweeted over 12,000 times, favorited over 51,000 times and received over 12,000 replies in about 42 hours. Trolls of course were in their glory over “covfefe”. Below is a sample:
In addition to the mocking, faux concern for the president’s health were concerns about how long the tweet stayed up.
Trump obsessives started creating “Covfefe” graphic images and selling t-shirts.
While the media and politicos were going on and on about “covfefe”, a truck bomb exploded in Kabul at the same time, killing over 80 and wounding well over 300, and Russia fired several sea launched cruise missiles targeting ISIS in Syria.
But, Trump tweeted “covfefe”! from http://capitalisthq.com/oh-my-covfefe-late-night-trump-twitter-typo-sets-off-frenzy-of-over-half-million-tweets-in-two-hours/ |
ABOUT USUncensored News on Markets, Politics, Trump News - CapitalistHQ.com- Most Influential Financial, Economics & Political Website with Crisp Commentary from Political and Business Insiders, Trump News, Zerohedge and Market Gurus. Archives
December 2017
Categories |