Short for Permanent Open Market Operations.
The mechanism by which the Federal Reserve manipulates the stock market.
The mechanism by which the Federal Reserve manipulates the stock market.
It is no secret that the Federal Reserve, and its now semi-daily interventions in market liquidity via POMO, is rather hell bent on creating the illusion that the economy is alive and well courtesy of a ramping stock market.
by boofmcboof December 4, 2010
Get the POMO mug.Related Words
PoMoSexual
• pomona
• pomofo
• Pomona College
• pomona high school
• pomonified
• Pomorie
• pomosexuality
• pomo fomo
• pomo hipster
by I'm a POMO now February 9, 2019
Get the POMO mug.by Twitchy McSpasm August 22, 2003
Get the pomo mug.the Price Of Missing Out. you'll pay it if you sleep too much, leave the party early, don't expand the horizons of yr social sphere, et cetera, et cetera.
"That shitfucker left the dancefloor just as shit got wild! Oh well, somebody's gotta pay the POMO."
"You may mock my FOMO, but I simply cannot afford the POMO. That is just too expensive for a young boy such as myself."
"You may mock my FOMO, but I simply cannot afford the POMO. That is just too expensive for a young boy such as myself."
by goldfuckr June 18, 2014
Get the POMO mug.Early usage of the term pomo dates from 1991 when Pomo Afro Homo, an African American gay theatrical collective, premiered "Fierce Love" at Josie's in San Francisco's Castro district. "Pomo" is short for post-modern, plus "Afro" plus "Homo" was about as avant guard as you could get in those dark days. "Fierce Love" was a seminal play during the height of the AIDS epidemic and it dramatised a number of issues about masculinity and sexuality that were very difficult in the community at the time. Important derivation.
by Ali Bendo May 5, 2008
Get the [Pomo] mug.an aesthetic style characterized by overt (and usually obnoxiously cartoonish) semantic references, deriving from the postmodernist period of architecture and design (the 80's).
by ryan March 23, 2004
Get the pomo mug.