the.com/upturn
the moment the graph stops being a tragedy and starts being a flex
means An improvement or upward shift, especially in business, the economy, or fortunes after a slump.
from A plain marriage of "up" and "turn," both rooted in Old English — "up" (upp) and "turn" (turnian, itself borrowed from Latin tornare, "to turn on a lathe"). The verb "upturn" — to turn something upward — is the older sense, dating to Middle English; the noun meaning a favorable change came later, riding the rise of economic and statistical talk where lines on charts literally turn up.
- word origin
- Originally meant literally tilting plows upward in fields
- market lag
- Recoveries are usually declared months after they begin
- optimism bias
- Humans spot upturns faster than the data confirms them
- shape
- Economists obsess over V, U, W, and K letters
us economy 2009-2010 — gdp growth resumed after great recession, unemployment began falling from 10%
tech stock market 2023 — nasdaq rose 43% after 2022 decline, led by ai boom and mega-cap tech rebound