The Language of Markets: A Recipe for Confusion The way we talk about markets and economies is both a blessing and a curse. On one hand, words like "bullish" and "bearish" help communicate complex ideas quickly.
But when discussing financial markets, our language often falls short. Take the word "economy," which gets tossed around frequently but has multiple definitions.
Is it the GDP metric that aggregates various financial measures? Or is it the National Bureau of Economic Research's (NBER) definition, which includes non financial metrics like employment gains?