Peter Kobs's definitions
1. An economist or investor who claims to know when the stock market has "bottomed out" based on inside information or a unique set of obscure metrics. 2. Someone who tells you to "get back in the market" because the turnaround has begun. 3. A charlatan.
Ted says we should start buying stock again because the semi-conductor market is firming up in Taiwan. He's one of those Turnaround Tipsters on CNBC.
by Peter Kobs March 10, 2009
Get the Turnaround Tipstermug. 1. A sudden encounter with economic reality that dramatically changes one's perceptions, plans or outlook.
2. A rude awakening to the stark differences between fantasy and actual life.
3. The dramatic change process that began in September 2008 with the collapse of the U.S. financial system.
2. A rude awakening to the stark differences between fantasy and actual life.
3. The dramatic change process that began in September 2008 with the collapse of the U.S. financial system.
Jean was planning to buy a vacation home in Hawaii until she had a Rendezvous with Reality -- her retirement fund had declined 50% since last fall.
by Peter Kobs May 19, 2009
Get the Rendezvous with Realitymug. 1. Someone who lives in a cold region of the world who secretly hopes for Global Warming to accelerate.
2. The anti-scientific feeling you get in Michigan when it snows -- AGAIN -- in late April or early October.
3. A surrender to climatic selfishness at the expense of global environmental collapse.
2. The anti-scientific feeling you get in Michigan when it snows -- AGAIN -- in late April or early October.
3. A surrender to climatic selfishness at the expense of global environmental collapse.
by Peter Kobs May 18, 2009
Get the Warm Wantermug. This acronym stands for "Great Depression #2." It's shorthand for the seemingly imminent collapse of the global economic system starting in late 2008 and continuing into 2009. Some professional economists, as well as ordinary working people, are fearful that the spiralling financial meltdown will lead to a decade-long repeat of the 1930s, complete with bread lines, soup kitchens, radical uprisings and the possibility of global violence. "Happy times are here again!"
by Peter Kobs December 22, 2008
Get the GD2mug. 1. A person who spends WAY too much time on Twitter, to the detriment of his or her job, family, friends and/or mental health.
2. A cell-phone Twitter texting maniac.
3. Someone who believes they are the center of the universe, despite abundant evidence to the contrary.
2. A cell-phone Twitter texting maniac.
3. Someone who believes they are the center of the universe, despite abundant evidence to the contrary.
by Peter Kobs August 5, 2009
Get the Twitter Crittermug. 1. The downward transformation of one economic class into another.
2. The gradual descent from relative prosperity to grinding poverty, usually among formerly middle-class families.
2. The gradual descent from relative prosperity to grinding poverty, usually among formerly middle-class families.
by Peter Kobs February 6, 2009
Get the Class Morphingmug. 1. A new perjorative term for Wall Street executives who raked in huge bonuses while plunging the world into economic chaos.
2. A financial advisor who sells Wall Street products on commission.
2. A financial advisor who sells Wall Street products on commission.
Did you see the news? Those Street Creeps are taking a private jet to Aruba using our bailout money.
by Peter Kobs February 10, 2009
Get the Street Creepmug.