walrus thrust

The Walrus Thrust is an economic term coined by Swiss Economist Fredrick Binzeggar. It describes a situation when commodities prices have reached their floor and it takes a large amount of effort to move prices, much like the amount of effort needed for walruses to move their immense weight. This is similar to the use of animal terms used in economics such as the dead cat bounce and the slippery eel

After the dead cat bounce, oil prices have been experiencing a long period of slippery eels and will require a walrus thrust in order to normalize.