Latest news with #Yolo
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First Post
4 days ago
- Business
- First Post
From Taco to Mega, what are the Trump acronyms becoming a huge hit on Wall Steet?
Donald Trump's love for coming up with slogans and snappy acronyms has made him popular on the Wall Street. Now, investors have gone a step further and created their own acronyms, some which may not sit well with the US president read more The Wall Street has come up with several acronyms for Donald Trump. File image/AP Four months into President Donald Trump's second term, market observers have taken a cue from his fondness for condensing slogans into catchy acronyms like Maga, Doge and Maha, and devised a few of their own that have been spreading across trading desks. Even those acronyms that do not directly reflect a specific trading strategy, still capture factors that traders say are important in Trump-era markets, such as volatility and uncertainty, that investors need to consider when making decisions. STORY CONTINUES BELOW THIS AD Some of the new labels are associated with investment strategies that aimed to capitalise on Trump's economic and trade policies and international relations goals. Others riff off economic implications or his abrupt U-turns as markets and trade partners react to his proposals. The 'Trump Trade' that played on the Make America Great Again theme in the wake of his November election victory and January inauguration, and contributed to record highs on Wall Street in February, is hardly discussed now that stocks, the dollar and Treasury bonds have succumbed to worries about his tariff policies. 'Post the election, we heard a lot about Yolo (You Only Live Once), which seemed to promote taking outsize risks in a concentrated investment theme,' Art Hogan, strategist at B. Riley Wealth, said. Yolo, is an acronym used to describe the tendency that was part of the Trump trade to chase high-momentum strategies such as cryptocurrency. 'While the term Yolo was popular for a period of time, it goes against all traditional advice,' Hogan said. Here are a few more acronyms that have gotten play in the investment world in recent weeks: STORY CONTINUES BELOW THIS AD Taco (Trump Always Chickens Out) This one, coined by a Financial Times columnist, has been used as a way to describe Trump's to-ing and fro-ing on tariffs in the wake of his April 2 'Liberation Day' speech. When asked about Taco in a recent press conference , the president lashed out, calling the question 'nasty' 'Where we end up might not be too far from what he promised on the campaign trail. So, does he always chicken out? I wouldn't go as far as to say that,' said Christian DiClementi, fixed income portfolio manager at AllianceBernstein. 'I think that he wants to rebalance the economy without pushing it off a cliff. And we're watching that being executed in real-time. I think some of the ideas are thought out and some of them change on the fly.' Yolo, is an acronym used to describe the tendency that was part of the Trump trade to chase high-momentum strategies such as cryptocurrency. File image/AP Mega (Make Europe Great Again) Mega first coined last year to address European competitiveness, resurfaced this Spring as a way to describe the flurry of investor interest in and flows into European markets. Mega hats, spoofing their Maga counterparts, are easily purchased online It's been revived by investors and traders in light of the outperformance of European stocks in the immediate aftermath of Trump's 'Liberation Day' tariffs bombshell. Maga (Make America Go Away) While the original Trump Trade was also known as the Maga trade, this variation cribbed the president's motto, first appearing in response to Vice President JD Vance's brief and unfruitful visit to , which Trump has expressed interest in annexing. At least one Canadian investor says that quip is making the rounds of trading desks in Toronto and Montreal and sparking 'wishful thinking' about simply boycotting US investments. During his election campaign, one of the many promises were to 'Make America Great Again'. File image/AFP Fafo (F**k Around and Find Out) Although the acronym also came into being well before Trump's inauguration, it is being heard with increasing frequency in trading desk conversations. It is used to capture the financial market's volatility and chaos that Trump's policy-making process has created. Mark Spindel, chief investment officer of Potomac River Capital LLC, described the market as being caught in a 'pinball machine as a result of that policy-making process.' When reached for comment, White House spokesman Kush Desai said in an email 'these asinine acronyms convey how unserious analysts have consistently beclowned themselves by mocking President Trump and his agenda that have already delivered multiple expectation-beating jobs and inflation reports, trillions in investment commitments, a historic UK trade agreement and rising consumer confidence.'
Daily Mail
24-04-2025
- Entertainment
- Daily Mail
British artist claims he has created paint in the 'new' colour announced by scientists - and he's selling 150ml bottles for £10,000
Scientists shocked the world last week when they announced they'd been able to manipulate the human eye into seeing a new colour. The experts at University of California, Berkeley managed the impressive feat by firing lasers at a specific cones inside the retina of the human eye. Now, a British artist claims he has created a paint of the new shade – described as a 'profoundly saturated peacock green'. Stuart Semple from Dorset – already known for creating paints of the blackest black and the pinkest pink – is selling 150ml bottles of 'Yolo'. Semple wants to 'bridge science with art' by making the colour available to fellow painters to create profound new artworks. However, unless you're an artist, you're going to have to pay an outrageous price for it. Semple said in an Instagram post: 'Scientists have discovered a brand new colour! I've been up all night liberating it for you. 'This is Yolo and it's strictly for artists only.' The scientists have called their new colour olo, but Semple has used the name 'yolo' with the added 'y' standing for 'you'. The 150ml bottle of Yolo is for sale on Semple's website Culture Hustle at a whopping price of £10,000 ($13,300). However, presumably as part of a publicity stunt, the cost is reduced to just £29.99 if you say you are an artist by using the checkout code 'YOLO'. It's unclear if people will need to provide any credentials to prove that they really are an artist and get the substantial discount. However, the terms and conditions state: 'By using the code YOLO in the cart, you confirm that you are an artist and that you will be using this material for artistic applications only. 'To the best of your knowledge, information and belief, this YOLO material will not make its way into the hands of a non-artist.' The high frequency acrylic paint is currently 'being created' and is due to start shipping in three weeks. The artist said people can't properly see the colour on-screen, so it has to be witnessed in person. An image of a turquoise square has been shared by the researched to provide a sense of the colour, which they named 'olo' How did scientists create the new colour? Scientists at the University of California, Berkeley found a way to manipulate the human eye into seeing a brand-new colour. Their technique uses tiny doses of laser light to individually control up to 1,000 photoreceptors in the eye at one time. The laser is just one color (the same as a green laser pointer) but by primarily activating M cone cells in the eye, it can show people the new color, 'olo'. However, Yolo is essentially a physical approximation of the colour that a select group of researchers were exposed to in their lab experiments. As Semple admits, it is 'as close to this experience that we're ever going to get in physical form'. 'Whilst Yolo isn't exactly the same as firing a laser into your eyeball, the experience of the colour is as close as you'll ever get with a paint,' the product description says. 'This mix's specific blend of high-frequency pigments and brighteners is designed to stimulate specific wavelengths of visual experience. 'It's impossible to photograph the experience or to show it on a screen, so until you have this colour in your hands, you'll need to imagine it.' In the experiments detailed in a paper last week in Science Advances, five researchers had green laser light fired into their eyes to stimulate cells in the retina, called M cones. By stimulating individual M cones, the researchers were able to perceive the light as a 'a blue-green colour of unparalleled saturation'. 'It was like a profoundly saturated teal … the most saturated natural colour was just pale by comparison,' said Austin Roorda, a professor of optometry at UC Berkeley. Austin Roorda, a professor of optometry and vision science at UC Berkeley, demonstrates what it looks like to be part of the experiments As the researchers point out, their technique means subjects 'can be made to perceive different colors of the rainbow, unprecedented colours beyond the natural human gamut'. Semple admits 'the eye-popping laser technology' might remain within the confines of the lab, but Yolo 'brings the essence of this discovery to artists everywhere'. It's been created with 'a special blend of high-frequency pigments and brighteners' in order to 'evoke specific visual wavelengths'. Painting with Yolo gives 'a near-transcendent experience that echoes the original' creation, the product description adds. ANIMALS SEE USING COMPLEX STRUCTURES IN THEIR EYES Animals, including humans, have a variety of complex structures in their eyes which allow them to see. The pupil contracts to limit how much light is allowed in, much like a camera lens. Most animals have both cones and rods in their eyes, which are called photoreceptors and are found in the retina. Cones allow people to see colour and rods are sensitive to low-light levels which allows for a grey scale between black and white. Humans, and many other animals, have three types of cones which each absorbs different wavelength of lights. With short, medium and long wavelength cones, the range of cones allows for a range of vision which incorporates the visible light spectrum. This includes colours between red and blue - wavelengths ranging between 390 an 700 nm. Other species, including many birds, have four cones instead of three in a mutation known as tertrachromacy. This allows for animals to see light of an unusually short wavelength, which is normally considered to be UV light. These photoreceptors are triggered by light and then this produces an electrical signal as they change shape. Electrical signals are then carried to the brain via the optic nerve. Signals from both optic nerves are then brought together by the brain at a point called the optic chiasm where the brain compares the two images.
