The genie is out of the bag

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.”

https://www.wsj.com/articles/volatility-is-everywhere-the-market-tactic-thats-driving-stocks-haywire-11591977978?mod=hp_lead_pos5#:~:text=%E2%80%9CIt%20started%20out%20as%20a,bag%20and%20volatility%20is%20everywhere.%E2%80%9D

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!



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.