A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006.

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Entry from March 21, 2014
Fedian Slip (Federal Reserve + Freudian slip)

A “Freudian slip” is when one makes an error in speech that, unintentionally, might reveal a truth. The financial blog Zero Hedge, on March 21, 2014, had the headline, “Stocks Slump As Bullard Doubles Down On Yellen’s ‘Six Month’ Fedian Slip.” A “Fedian slip” (Federal Reserve + Freudian slip) is when someone from the Federal Reserve Bank unintentionally slips up and reveals the Fed’s true actions or forecasts.

The “Fedian slip” article was cited on many other financial blogs.


Wikipedia: Freudian slip
A Freudian slip, also called parapraxis, is an error in speech, memory, or physical action that is interpreted as occurring due to the interference of an unconscious ("dynamically repressed") subdued wish, conflict, or train of thought guided by the super-ego and the rules of correct behaviour. They reveal a “source outside the speech”. The concept is thus part of classical psychoanalysis.

Slips of the tongue and of the pen are the classical parapraxes, but psychoanalytic theory also embraces misreadings, mishearings, temporary forgettings, and the mislaying and losing of objects.

Zero Hedge
Stocks Slump As Bullard Doubles Down On Yellen’s “Six Month” Fedian Slip
Submitted by Tyler Durden on 03/21/2014 14:30 -0400
While mainstream media was awash with status quo huggers proclaiming Yellen’s “6-month is a considerable period” comment as a slip - and assuming several Fed heads would come to the rescue to focus investors on lower-for-longer - it appears they are wrong:

*BULLARD SAYS YELLEN’S ‘6-MONTHS’ COMMENT IN LINE WITH SURVEYS
*BULLARD SAYS FED WATCHFUL FOR ‘ANY KIND OF REPLAY’ OF BUBBLES
(...)
COMMENTS
cougar_w
Fri, 03/21/2014 - 14:38
Bullard is saying that Yellen spoke real spit. I think we can drop the “Freudian” meme now, they are serious and they want the market to know what is coming.
(...)
FuzzyDunlop21
Fri, 03/21/2014 - 14:33
Tyler your word plays fuckin crack me up

Posted by Barry Popik
New York CityBanking/Finance/Insurance • Friday, March 21, 2014 • Permalink