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- 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.
- Here's a roundup of the quirkiest buzzwords used to comment on US equities and the economy.
Many market experts have been at a loss to explain this year's surprisingly buoyant trend in US stocks, despite a slew of signals that the economy may be headed for a recession. Even the Federal Reserve's aggressive interest-rate increases and a bout of banking turmoil failed to rein the equity market's momentum.