The genie is out of the bagPosted: June 17, 2020
This malaphor was found in the Wall Street Journal: Devesh Shah, retired from Goldman Sachs, wrote this gem in an article about volatility:
“It started out as a metric,” said Devesh Shah, who first helped make the widely watched volatility gauge, the Cboe Volatility Index, or VIX, tradable in 2004 while he was at Goldman Sachs Group Inc, before retiring as a partner. “Now…the genie is out of the bag and volatility is everywhere.”
This is a mashup of “the genie is out of the bottle” (something has been done that cannot be changed) and “let the cat out of the bag” (allow a secret to be known). Genies and cats “come out” of something, leading to this mental mixup. A big thank you to Cecily Franklin who spotted this beauty!