James M. Buchanan Jr.
DefinitionJames McGill Buchanan Jr. was an American economist known for his work on public choice theory, for which he received the Nobel Memorial Prize in Economic Sciences in 1986. Buchanan's work initiated research on how politicians' and bureaucrats' self-interest, utility maximization, and other non-wealth-maximizing considerations affect their decision-making. He was a member of the Board of Advisors of The...
January Barometer
DefinitionThe January barometer is the hypothesis that stock market performance in January predicts its performance for the rest of the year. So if the stock market rises in January, it is likely to continue to rise by the end of December. The January barometer was first mentioned by Yale Hirsch in 1972. January Barometer What is 'January Barometer'...
Jennifer Lopez (J.Lo)
What is 'Jennifer Lopez - J.Lo' Jennifer Lopez (J. Lo) is a slang technical analysis term referring to a rounding bottom in a stock's price pattern. This term got its name from Jennifer Lopez's curvy figure; she is often criticized (or praised) for her round bottom. Explaining 'Jennifer Lopez - J.Lo' The rounded bottom, also...
Jean-Baptiste Say
DefinitionJean-Baptiste Say was a French economist and businessman. He had classically liberal views and argued in favor of competition, free trade, and lifting restraints on business. He is best known for Say's Law, also known as the law of markets, which he popularized. Scholars disagree on the surprisingly subtle question of whether it was Say who first stated what...
Japan Association Of Securities Dealers Automated Quotation (Jasdaq)
What is 'Japan Association Of Securities Dealers Automated Quotation - Jasdaq' An electronic security exchange based in Tokyo, Japan. Originally an over the counter market, Jasdaq launched an electronic trading platform featuring an automated quotation system similar to the Nasdaq. Explaining 'Japan Association Of Securities Dealers Automated Quotation - Jasdaq' In 1963, the Japan...
Joint Float
What is 'Joint Float' Two or more countries agreeing to keep their currencies at a same exchange rate relative to one another, but not relative to other countries. The countries involved in a joint float agreement form a sort of partnership where their currencies move jointly. The central banks of the countries participating in this agreement maintain...
Japanese Housewives
What is 'Japanese Housewives' Japanese housewives, in the foreign exchange world, is a collective term for the legions of Japanese matriarchs who resorted to currency trading in the first decade of the new millennium. With Japanese interest rates near zero percent for most of the decade, their motivation for currency trading was to increase the returns on...
John A. Allison IV
What is 'John A. Allison IV' A former chairman and CEO of BB&T Corporation, a North Carolina-based financial holding company, from 1989 to 2008, and a member of the company's board of directors. He is known for dramatically increasing the bank's assets to make it one of the largest banks in the United States. Explaining...
Joint Tenancy
DefinitionA concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than one person at a time. If more than one person owns the same property, they are commonly referred to as co-owners. Legal terminology for co-owners of real estate is either co-tenants or joint tenants, with...
John Elkann
DefinitionJohn Philip Jacob Elkann is an Italian industrialist. He was the chosen heir of his grandfather Gianni Agnelli, and chairs and controls the automaker Fiat Chrysler Automobiles. He is the chairman and CEO of Exor, an investment company controlled by the Agnelli family, which controls Partner Re, Ferrari, CNH Industrial and Juventus F.C. John Elkann What is 'John...