Comment on FOMO, YOLO, RINO: The quirkiest catchphrases explaining the surprising buoyancy of the stock market and economy

FOMO, YOLO, RINO: The quirkiest catchphrases explaining the surprising buoyancy of the stock market and economy

Traders work the floor of the New York Stock Exchange on May 25, 2023, in New York City.TIMOTHY A. CLARY/AFP via Getty Images Experts have struggled to find textbook explanations for the surprising economic buoyancy and stock-market rally of 2023. Many commentators have instead turned to trendy catchphrases - such as FOMO and YOLO - to describe the behavior of investors and consumers.

 

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