#029 Twitter predicts the future

Can Twitter predict the future? Costas Milas says the social media platform is very good at predicting financial future financial events, such as the cost of borrowing. In some cases, it performs better than the most sophisticated financial tools. Costas Milas is a professor of Finance at the University of Liverpool. His latest research extends beyond Twitter to look at internet search trends. He says the simple searches people type into Google just might tell us a lot about how something as complex as Brexit is likely to unfold.