back up the truck v. phr.— «The safety of these securities caused financial firms to load upon on them (“back up the truck,” in Wall Street parlance). They were considered so safe that financial firms used borrowed funds to buy more, and...
secular adj.— «In Wall Street parlance, a very long period of falling or, at best, sideways-moving stock prices is termed a “secular” bear market. And there have been some doozies in relatively recent U.S. history...