Brush up your your finance lingo

by Erin McCune on January 8, 2007

in Caught My Eye

Johathan Clements, the WSJ personal finance columnist, has some tongue-in-cheek definitions of common Wall Street and financial phrases in his column, a few excerpts:

Profit-taking: All-purpose explanation for why the market went down.

Technical factors: Alternative all-purpose explanation for why the market went down. Also useful for explaining why the market went up or sideways.

Futures: Trade these too much, and you won't have one.

Federal Reserve: Extremely powerful, like God, and also moves in strange and mysterious ways.

… more

GETTING GOING Some Financial Lingo Redefined
Jonathan Clements
Wall Street Journal
January 7, 2006

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