mungo v.— Note: A verb form of the noun mongo. «Such works and many like them are cast in bronze, an alloy of copper and tin that is particularly durable. They could easily take on time and weather, but not a strong market in scrap metal...
catch a falling knife v. phr.— «The question for Mr. Marks and others is when to start buying in earnest. Early buyers risk “catching a falling knife,” in market parlance, if prices keep tumbling. But late buyers risk losing out on the...
table-pounding buy n.— «Like Mr. Fosback, the firm’s analysts found that the stock market typically hit bottom six months after a recession began, and that at such times the stock market was a “table-pounding buy.”» —“An Alarm...
sideways market n.— «The stock market has been sending a series of mixed signals recently—a few days of strong gains followed by a few days of discouraging declines. This is what Wall Street refers to as a “sideways...
money good adj.— «Although many of the assets and issuers backing these securities are solid, or “money good” in Wall Street parlance, the mechanics of the auction-rate securities market as well as the continuing credit squeeze give...
donut economy n.— «Economists now refer to the US as having a “donut economy”- it is hollowed at the center, heavily reliant on cheap imports from China, excessive military spending and a corrupted stock market to drive it. The US...