Southwest effect n.— Note: Named for Southwest Airlines. «What isn’t known is how much demand for travel will disappear this fall if fares are higher and the economy weakens further. When discounters enter markets and force all airlines...
Fed put n.— «One of the most reliable and predictable features of the Fed’s monetary policy is action to PREVENT SYSTEMIC FINANCIAL COLLAPSE. If this regularity of policy is what is meant by the “Fed put,” then so be it, but the term...