Scotiabank economist Laura Gu is back to break down even more common and not-so-common economic terms you might be hearing in the news. We’re talking curves, yields, spreads, even Goldilocks. All in an effort to help you better understand the world of finance. Or just impress your friends. 

Looking for another vocabulary-expanding economic primer? Check out 11 economic terms to better understand the news. 

Key moments this episode: 

 1:07 — Term 1: Labour market 

2:48 — Term 2: Phillips curve 

3:58 — Term 3: Yield curve 

6:41 — Term 4: Credit spreads 

7:22 — Term 5: Secular stagnation 

9:40 — Lightning round and term 6: Goldilocks economy 

9:56 — Term 7: The overnight rate 

10:24 — Terms 8, 9, 10, 11 and 12: Recession shapes — V-shaped, U-shaped, W-shaped, L-shaped and K-shaped 

11:18 — Term 13: No landing 

11:52 — Term 14: Immaculate disinflation