Thursday, May 14, 2009

The Second Derivative of Green Shoots is Positive!

In response to my post on retail, reader ZachA commented / requested:

I guess this means this means the "second derivative" is non-existent and thus the new data points to a continuation of the "first derivative" accelerating downward. I get my derivatives mixed up, but nonetheless the data is getting worse.

Jake, if there is anyway possible to efficiently generate a graph on how often "green shoots" or "second derivative" is uttered on CNBC when non-apocalyptic data is released please do it.

Here is the best I could do (the 'second derivative' search was too dominated by "actual" second derivative [i.e. mathematical] searches)



Though this doesn't answer the question as to which term is more annoying?

Source: Google Trends

Update: for those interested in the origins of green shoots, a reader was kind enough to send over this link