Pulse Loan
A "pulse loan" is a loan given to anyone with a pulse. It's sometimes said that banks so dearly wanted to make mortgages (and collect mortgage fees) that the banks would give a loan…
A "pulse loan" is a loan given to anyone with a pulse. It's sometimes said that banks so dearly wanted to make mortgages (and collect mortgage fees) that the banks would give a loan…
A "financial pyramid" is one where there are many people/investors at the bottom of the pyramid, but few at the top. A "pyramid scheme" pays off the oldest investors by getting…
In 2013, Janet Yellen was nominated for Federal Reserve chair. The Federal Reserve has a well known quantitative easing (QE) program (called "money printing" by many). During…
Quantitative easing (QE) is when a central bank (such as the Federal Reserve) pumps money into the economy by various financial transactions, usually to increase asset prices and to create a…
A "quant" is a "quantitative analyst" -- a person who applies mathematical models to the finance of Wall Street. Many college MBA programs trained "quants," and these…
"Quantitaive easing" (QE) increases the money supply. A "reverse QE" is "quantitative tightening" (QT). "Hard to do QE with QT (qualitative tightening)" was…
"Quarterly capitalism" means the same thing as "short-termism" -- overreliance on quarterly reports and quarterly profits rather than long term planning. "Capitalism, for…
The first Belarusian ruble had a European hare on the currency, giving it the nickname of "rabbits." In July 2012, Simon Black of the Sovereign Man blog wrote a post from Ukraine titled…
"Rags to riches" is an expression to describe someone who was poor (wearing "rags") and who has become rich. "Rags to riches" has been cited in print in 1875 amd 1878,…
The stock market (New York Stock Exchange) on Tuesday in the first half of 2013 had a 20-week-long streak of always entering positive territory at the end of the day. The Wall Street Journal had an…
To throw or to pour something "down a/the rathole" means to put it in an endless space (where lots of rats enter and leave). "Money down a/the rathole" is money wasted, not to…
"Realize It Can Happen" is sometimes given as a backronym (back acronym) for the word "rich." "Keep driving toward your dreams and live that #RICH (Realize It Can Happen)…
A "rebalancing day" (or "rebalance day" or "rebal day") might occur on the last day of trading in a quarter, such as March 31, June 30, September 30 and December 31…
To have "not one red cent" is to have absolutely no money. The U.S. penny (or "cent") from 1793-1857 was made of reddish copper; the phrase "not worth a copper" was…
A "relief rally" (or a "sigh-of-relief rally") is when a market picks up after a period of bad or uncertain news. For example, at the end of 2012, the federal government in…
"Residual Income Creates Happiness” is sometimes given as a backronym (back acronym) for the word “rich.” "Remember residual income creates happiness (RICH)?" was cited in the…
David Blanchett, head of retirement research at Morningstar Investment Management in Chicago, Illinois, coined the term "retirement spending smile" in 2013. Retirees usually have less…
A reverse mortgage is a mechanism available to seniors allowing them to stay in their homes, but to withdraw the equity in the home; it is also called a reverse annuity mortgage (RAM). The term…
"Richistan" ("rich" with a "-stan" suffix) is a place where rich people live. The term was popularized by Wall Street Journal writer Robert Frank in his book,…
"Rigulator" or "riggulator" (rig/rigging + regulator) is a term used by those who believe that government does more than regulate. The term "rigulator" has been…