The Twitterverse exploded in a ball of snark and outrage in early June when Edward Snowden leaked the news that the National Security Agency was collecting vast piles of data on ordinary Americans' phone and Internet use. Later, tweeters threw a tantrum over Federal Reserve Chairman Ben Bernanke's announcement that the Fed would wind down its quantitative easing program.
Meanwhile, the MSCI cut Greece's index from developed to emerging-market status, and gold bugs got jittery.
Here are 15 of the best finance tweets of the month:
On general economic topics:
For past 12 mo, the amount of $ flowing into funds with "Income" in their name is 3X larger than funds without "Income" in their names.
— Russ Kinnel (@RussKinnel) June 5, 2013
"US stocks seemingly go up everyday while EM stocks couldn't find a bottom in a Sir Mix-A-Lot video." http://t.co/aOGcRJErcE
— Downtown Josh Brown (@ReformedBroker) June 30, 2013
On Greece's downgrade to emerging-market status:
Greece is first advanced economy cut to emerging market status by MSCI. You can call that an upgrade…
— Nouriel Roubini (@Nouriel) June 13, 2013
Greeks inventing democracy appears to be a lot like the English inventing football. Bloody useless at it now.
— Pawe Morski (@Pawelmorski) June 20, 2013
On the NSA surveillance programs:
They're saying Snowden joined Booz Allen just to infiltrate and expose the NSA. Probably what Tebow's up to in the Patriots organization.
— Downtown Josh Brown (@ReformedBroker) June 24, 2013
The NSA should just fund the government by selling targeted ads based on all the data it mines.
— John Carney (@carney) June 7, 2013
.@MilenaRodban @CrispinBurke basically the government is trying to declare the entire Internet their property and that is a serious problem.
— Heidi N. Moore (@moorehn) June 14, 2013
We don't need Google Reader anymore. I hear the NSA is going to open up an Everything Reader.
— Jeff Jarvis (@jeffjarvis) June 30, 2013
On the Fed's announcement that it may soon slow its bond buying:
There is a risk the #Fed is in La La Land. I hope I'm wrong, but while Fed hopes, I can't base investment decisions on hope. #gold
— Axel Merk (@AxelMerk) June 19, 2013
#FOMC #Bernanke says unemployment to fall to 6.5% by end of 2014. That is $1.53 trillion more #QE3 which equals $90,000 per job!! #insane
— Mark Jasayko, CFA (@McIverWealth) June 19, 2013
You'd think a guy who couldn't even see the housing bubble would be a little more circumspect about his new forecasts. #bernanke #fomc #fed
— Peter Schiff (@PeterSchiff) June 19, 2013
Grow up, people. It's time to stop blaming Bernanke for your losses. http://t.co/sG1xnVcvxW via @BloombergView
— Barry Ritholtz (@ritholtz) June 27, 2013
Fed drug dealer may visit markets while in QE rehab. Fed Stimulus to Persist After QE Taper? http://t.co/6ArbfSENEh
— Andrew Wang (@RunnymedeCap) June 25, 2013
On gold:
Gold bugs strangely silent and quiet. They must be eating crow…
— Nouriel Roubini (@Nouriel) June 26, 2013
Gold is a barbarous rock It doesn't compete well with stock An ugly tradition A form of sedition Demand for it leaves us in shock
— The Limerick King (@TheLimerickKing) June 21, 2013
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