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Showing results for tags 'phrase'.
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I'd like to see what others think about the phrase which has been used more and more recently. Anyone with even a slight interest in the markets has probably heard this phrase. "Today is risk on as stocks soar" or "We're very clearly risk off as flight to quality continues". What the hell does it really mean though? Right now markets right now are highly sensitized to risk due to ongoing systematic problems throughout the world. Some specific stocks and assets are seen as more defensive than others and so when risk is off, these stocks should relatively speaking outperform more speculative investments. So what is annoying me more than anything is that some guys have started using it as a replacement phrase for "stocks are up" or "stocks are down". For example, the stock indices may have moved higher yet overall it's not based on riskier stocks, yet someone might say "it's risk on today". Well that's pretty misleading imo. Anyway, does anyone else have any thoughts on that or any other phrases they'd like to complain about??
