Tuesday, November 25, 2008
Caught in Capitulation?
If you haven’t heard the word “Capitulation” in the recent past then you are not well aware of the financial industry and it is more than likely that you do not have a stock portfolio. I fall in the latter group, my only interaction with stock market is through my retirement account. The word was new to me and I though may be I should take some time out to dig in.
The word had been used in numerous ways in the recent past to describe the mentality of the stock market. It stands to emphasize the sheer uncontrollable fall / volatility in stock prices ultimately leading the investors to completely loose hope and give up.
When and how did the word come into use? It started off as a usage in war time where in one submits /surrenders to the hostile forces and is the only way left.
As for me, I feel capitulated to a point that I am more than eager to see a new administration give this country a fresh breath of vision, diplomacy, and basic health care.
I am not too sure if the word can be used as in the previous sentence but seems like a perfect fit to express a feeling of having “given up” than “surrender”.
So do you feel capitulated?
- Common Joe
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1 comment:
dear pseudoanalyst,
I agree. We need to rebuild the country keystone to capstone you know caluosed hand by caloused hand. By the way I think I might be here by mistake. I googled pseudo analyst because i thought it would be a be a good job discription on my business card. Anyway best of luck but i have to say I hear a lot of talk about "whipping out shareholders" these days. You know as a answer to our problems!!
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