One of the fun things about publishing regularly is that on rare occasion, you get to coin a phrase. Publish enough and eventually one of your unique phrases will get some traction.
Folks who write regularly and have created a catch phrase include Doug Kass (Blah-flation), Jeff Saut (Ag-flation) and John Mauldin (the Muddle through Economy).
Inflation Ex Inflation is probably the best known prase I’ve coined, but there have been several others. The most recent was July 2007’s "Retail Slumming."Perhaps one day, the Pervasive Pollyannas of Prosperity will offset the Nattering Nabobs of Negativity.
"In my mind, the significance of this is that the Real Estate may slow down in a slow motion fashion also."
And then more explicitly a few days later:
"Our expectation for the slow motion slow down rests on Real Estate cooling (which its been doing since August),
home construction and sales slipping, and prices slowly sliding. That
may stop the Fed from tightening appreciably further (2 and through?).
Mortgage rates staying below 6.5% allows Real Estate to maintain a
moderate level of activity — but one that is obviously way off its
prior white hot pace."
Which brings us to today. In a NYTime’s OpEd, Paul Krugman used the phrase "A Slow-Mo Meltdown." To be blunt, it doesn’t have quite the alliterative pop of Slow Motion Slow Down; plus, a meltdown tends to occur rapidly, and the present meltdown has been going on for nearly a year. (Paul, feel free to borrow "Slow Motion Slow Down" — you’ll find its quite effective!)
Question: What other interesting words or phrases have crept into the finacial vernacular over the past few years? Anything specific that you particularly like or dislike?
If you can include an author and/or URL, that would be great.
What say ye?
Retail Follow Up (Friday, July 13, 2007)
Top Ticking Real Estate is Different Than Stocks (January 26, 2006)
The Real Estate Soufflé (January 30, 2006)
A Slow-Mo Meltdown
NYT, August 4, 2008