Sucker Rally (Sucker’s Rally)
A "sucker rally" (or "sucker's rally") is a brief rally that is not sustained. It is similar to the "dead cat bounce," where a stock has fallen so far that, like…
Swexit (Switzerland + exit)
"Brexit” (Great Britain/British + exit) is a word created to define a possible British exit from the eurozone. "Brexit" has been cited in print since at least May 2012. A similar…
Swiftly Enhanced Careers (Securities and Exchange Commission or SEC nickname)
The U.S. Securities and Exchange Commission (SEC) brought a case against American businessman Mark Cuban for insider trading; Cuban was found not guilty on October 16, 2013. In an interview with…
Systemically Important Financial Institution (SIFI)
Entry in progress -- B.P. Wikipedia: Systemically important financial institutionSystemically important financial institutions (SIFI) are financial institutions that are deemed systemically…
Takeunder
A "takeunder" is similar to a "takeover." For a takeover, if a stock is trading at $20 a share, for example, the acquiring company might offer $22 . For a takeunder, a company…
Taper Tantrum (taper + temper tantrum)
The Federal Reserve Bank (the "Fed") had a large quantitative easing (QE) program in 2013; there were rumors in mid-2013 that the Fed would "taper" and end the program. The blog…
Taxicide or Tax-icide (tax + suicide)
"Taxicide" or "tax-icide" (tax + suicide) was the name given by the New York (NY) Daily News on February 20, 2010, to the February 18th incident in Austin, TX, where Joseph…
TBTF Consortium (Financial Services Roundtable nickname)
The Financial Services Roundtable is a lobbying group for big banks. In September 2012, the Zero Hedge blog wrote that the Financial Services Roundtable is also known as the "TBTF…
Temple of Capitalism (Jarmulowsky Bank nickname)
The Jarmulowsky Bank Building, at 54 Canal Street in Manhattan, was declared a New York City landmark in 2009. The 12-story building opened in 1912, just after bank founder Sender Jarmulowsky died.…
Ten Bagger (Tenbagger)
"Ten bagger" (or "tenbagger") is a term coined by Wall Street stock investor Peter Lynch for a stock that's worth ten times its original price. In baseball, a…
Terrific Tuesday
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…
Texas Ratio
The "Texas ratio" for checking a bank's fiscal health was developed by Gerard Cassidy of RBC Capital Markets (Portland. ME) in the 1980s. Cassidy was checking Texas banks, but the…
The Big Sleep (a long period of no growth)
The Big Sleep (1939) is a crime novel from Raymond Chandler (1888-1959); the title "the big sleep" refers to death. In October 2013, Société Générale's global head of asset…
The People’s Money (silver nickname)
"The people's money" is a nickname for silver. Silver is more affordable than gold and has, historically, been a favorite metal to use as coinage. "Silver is the people's…
The United States of Goldman Sachs
Hank Paulson, a former chairman and chief executive officer of the financial firm of Goldman Sachs, was United States Treasury Secretary from July 2, 2006-January 20, 2009. The influence of Goldman…
Third Avenue Guy (Wall Streeter working in a less important location on Third Avenue)
A March 14, 2012 New York (NY) Times "Dealbook" article explained: "A 'Third Avenue guy' is someone on Wall Street who is not smart enough to work for a company with…
Three C’s of Credit (Credit reputation, capacity and collateral)
The "Three C's" of creditworthiness have been defined as character (or credit score/reputation), capacity (an income stream, such as a salary) and collateral (assets, such as a house…
Thundering Herd & We, the People (Merrill Lynch nicknames)
Merrill Lynch & Co. financial services company has been known as both the "Thundering Herd" and "We, the People" since at least 1948. In the 1940s, Merrill Lynch merged with…
TINA (There Is No Alternative)
Margaret Thatcher (1925-2013), the Prime Minister of the United Kingdom from 1979 to 1990, often said that "there is no alternative" to her monetary policies. "SOME OF Mrs.…
Tokambrian (token + Cambrian); Tokambrian Explosion
"Tokambrian" (token + Cambrian) is a term that was coined by TwitterSal the Agorist@SallyMayweatherThe most obvious black swan rn is the tokenization of everything; a real Tokambrian…