graveyard month n.— «February and March are known in the retail industry as the “graveyard months,” the time when wealthy owners find themselves some sunshine on an expensive cruise liner waiting for the spring recovery.» —“Recession’s rocky...
scare word n.— Note: A boo word. «The worries are real—including, among some economists, about the risks of a depression, which despite its scare-word status is just another term for an especially long or deep recession.» —“izing Up the Economic...
hero bump n.— «And that’s when I hit the moguls, turning my knees hydraulic on Gandy Dancer, a narrow gully of what I call “hero bumps,” perfectly shaped mogul lines on a gradual pitch where I won’t pick up too much speed.» —“What now, a snow...
zirp n.— «The United States is repeating a Japanese experiment with a zero in one of the most important variables in financial markets: the official overnight interest rate. The so-called zirp, an acronym for zero interest-rate policy, is combined...
roll rate n.— «We’re in the late stages of the financial disaster of 2008, but another crisis looms: The consumer recession. According to the Wall Street Journal, more and more credit-card holders are falling behind on their payments and...
core-core index n.— «If we look at what is known as the “core-core” index (which strips out both energy and fresh food) then we can see that it is far from clear that Japan ever really escaped from the deflation trap, since this reading has been...