A new stock tracking index is betting that Taylor Swift can not only buy back her masters , release yet another album and find true love — but also move markets.
After the pop star got engaged to Travis Kelce this week, the investing app Autopilot launched “The Swift Effect” portfolio.
The app has long let users copy notables’ trades. In 2021, it was the first to launch the Pelosi Tracker, which follows the former House Speaker’s investing. It also has trackers for hedge fund managers such as Michael Burry and famous investors such as Warren Buffett.
Taylor Swift’s Eras Tour was mentioned by The Federal Reserve for boosting consumer spending. Now, some are betting her engagement boost stocks related to weddings and babies. Taylor Swift / Instagram
Rather than follow the pop star’s