[Fill in Your Terms Here]
Why is hail always the size of something else?” –George Carlin
Here’s what’s on my list of hackneyed phrases that should disappear immediately:
–“Soft patch,” “rough spell,” “bump in the road,” “economic headwinds,” and all related synonyms
–“Extended period of time”
–“New Normal”
–“Oversold” (as in, “stocks are now oversold and due for a bounce”)
–“Bounce”
Astute readers will recognize that many of the above have the same provenance — namely, Federal Reserve Chairman Ben Bernanke; the rest come from virtually any daily copy of The Wall Street Journal.
Bernanke might not know any better . . . but the financial journalists covering him (and the markets) certainly should!
