Teenage Scribblers

(redirected from Teenage Scribbler)

Teenage Scribblers

A derogatory term for currency analysts and traders on the London markets. Teenage scribblers were blamed, rightly or wrongly, for some of the United Kingdom's financial woes in the 1980s and 1990s.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
While everyone else was concentrating on the big race, I was concentrating on my big race, the Bridge Selling Hurdle at Catterick, and a horse called Teenage Scribbler.
I thought there was a race to be won with Teenage Scribbler, if he could be kept sound, and, when he went to the sales, I and a friend, Ray Singer, bought him for 1,250gns.
"One of my best lifts was pounds 60,000 on a selling hurdler called Teenage Scribbler at Catterick seven years ago.
And surely exactly what the City's teenage scribblers had in mind when they trashed Greggs' share price during the dotcom boom of the late 1990s, on the grounds that the whole idea of a "shop" was dead.
If David Cameron does get his hands on the levers of power, it will be these same "teenage scribblers" - as a former Tory Chancellor Nigel Lawson called them in 1988 - who will be suggesting the direction of his economic policy.
The Hon Member for Birmingham Yardley, and a city councillor, stands accused of lazily recycling a press release doubtless prepared by teenage scribblers at party HQ and handed to all MPs to be sent on to equally lazy hacks.
Then I watched their share prices plummet at the turn of the century as the teenage scribblers pronounced that the old economy was finished.
If you thought manufacturers in Birmingham were having a tough time, you should see what's happening to the teenage scribblers and City slickers down in London.
Instead he is stuck in a mire of profit warnings and abuse from teenage scribblers he doubtless abhors.
'Analysts - the teenage scribblers - who work for the banks forecast untold wealth.
A more plausible answer is, partly at least, the inability of the teenage scribblers in the City to recognise the value of companies which are not in something trendy though not necessarily at all profitable, like biotechnology or the Internet.
The "teenage scribblers" - ex-Chancellor Nigel Lawson's description of the City economists whose opinions seem to count for so much these days - are in their eleme nt.