A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006.

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Entry from April 22, 2015
Fun-durr-mentals

"Fun-durr-mentals” (from the word “fundamentals") was coined by the financial blog Zero Hedge on December 10, 2013. “Durr” means “duh” and “mentals” means “crazy.” Financial investment should be based on “fundamental,” but crazy fundamentals are “fun-derr-mentals.”

When a stock moves up or down for no apparent financial reason, Zero Hedge has joked that the root cause was the “fun-derr-mentals”—that is, the trading was rigged. The term “fund-durr-mentals” has been little-used outside of Zero Hedge.


Zero Hedge
Fun-Durr-Mentals....
Submitted by Tyler Durden on 12/10/2013 13:10 -040
Same Shit, Different Day; yet again the S&P 500 is trading tick-for-tick with the all-important EURJPY cross rate. As the following chart shows, its all about fun-durr-mentals…

Twitter
Tim Backshall
‏@credittrader
lmao!! Fun-durr-mentals - http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/12/20131210_fundys2.jpg
11:13 AM - 10 Dec 2013

Zero Hedge
WTF Chart Of The Day: Fun-Durr-Mentals Edition
Submitted by Tyler Durden on 02/06/2014 15:23 -0400
Money on the sidelines? EM fixed? Expectations of a terrible jobs number tapering the taper? One thing we do know for absolute certain - this ramp in stocks has nothing whatsoever to do with fun-durr-mentals… as USDJPY 102 takes the S&P back to unch on the Taper and above its 100DMA.

Zero Hedge
Yen Breaks 103, Sends Stocks Reeling
Submitted by Tyler Durden on 03/11/2014 12:18 -0400
It’s all about the fun-durr-mentals… but, just in case you don’t believe that, this morning’s angst over copper financing and China credit concerns has sparked notable carry unwinds (USDJPY below 103 and AUDJPY 93) and therefore US equities are tumbling (tick for tick).

Zero Hedge
And Now Market Tumbles, As News Of Ukraine Deaths Spook Algos
Submitted by Tyler Durden on 04/15/2014 10:29 -0400
(...)
Wondering why?

“Fun-durr-mentals”

Zero Hedge
Just 5 Fun-Durr-Mental Charts
Submitted by Tyler Durden on 12/29/2014 12:33 -0400
With Treasury yields plunging today and oil prices heading back towards cycle lows, is it any wonder stocks are testing record highs once again… these 5 charts should help explain it all…

Zero Hedge
“New Normal” Fundamentals Hit Chinese Stocks
Submitted by Tyler Durden on 01/27/2015 23:20 -0400
Fun-durr-mentals…

Zero Hedge
Here’s Why Stocks Are Surging Pre-Open
Submitted by Tyler Durden on 04/22/2015 09:06 -0400
Fun-durr-mentals…

The morning momo meltup seems a little premature today…

Posted by Barry Popik
New York CityBanking/Finance/Insurance • Wednesday, April 22, 2015 • Permalink