Any guesses about BS short name after FAANG, ZIRP and MAG7?
The post speculates about what new financial acronym or marketing term might emerge after FAANG, ZIRP, and the Magnificent Seven, while also referencing GameStop and General Motors as engineered market phenomena.
Background
- **FAANG** (Facebook, Apple, Amazon, Netflix, Google) was a media acronym from the 2010s for the most dominant US tech stocks.
- **ZIRP** (Zero Interest Rate Policy) refers to the post-2008 era of near-zero interest rates, which inflated tech valuations and enabled cheap borrowing.
- **MAG7** (Magnificent Seven) is the current label: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, Tesla. Coined by a Bank of America analyst in 2023, it describes the tiny handful of mega-cap stocks driving nearly all S&P 500 gains.
- The post's author is cynical: these acronyms are not organic — they're engineered by Wall Street analysts and media to create a marketing narrative that convinces retail investors to buy. The "bonus Gamestop" jab recalls the 2021 meme-stock frenzy, which many suspect was quietly orchestrated by larger players rather than being a true grassroots revolt.
- The question posed: what new label will the industry invent next to rebrand the same overconcentrated tech giants as a must-own basket?