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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...
Barbie n.— «Fortunately, Brits can take advantage of the weak dollar in a different way, said Stephen Adams in Britain’s Daily Telegraph. Instead of vacationing in the States, we are buying investment homes there. The new army of...
waterbed effect n.— «The larger chains can extract more favourable conditions from suppliers than other types of retailer can. They are able to do this because of their market shares and integrated supply chains. The result of these...
bear raid n.— «It’s no coincidence that since then the size and severity of market declines is unprecedented. It was a hedge fund traders dream come true. When a group of hedge funds gang up and sell billions in what is called a...
trash ‘n’ cash n.— «It is feared that short-sellers—investors who use falling share prices to make money—were deliberately spooking the market in order to profit from plunging stocks in a practice called trash ‘n’ cash...