{
  "id": "fear-and-greed.swing",
  "term": "fear and greed",
  "sense": "swing",
  "pos": "noun",
  "status": "published",
  "level": 18,
  "domain": "agency",
  "style": "folk",
  "definition": "Two reports a market moves between: a wall read as near, so it narrows its reach, and its reach read as large, so its walls read as far.",
  "folk_gloss": "the two emotions said to drive financial markets",
  "emergence": {
    "components": [
      "fear.nearing-wall",
      "reach.action",
      "collective-self.shared",
      "report.information",
      "market.economic",
      "motion.movement",
      "wall.range-end",
      "read.information",
      "near.spatial",
      "narrow.spatial",
      "large.size",
      "far.distance"
    ],
    "interaction": "Each report, once kept across a market, acts on prices in a way that feeds the other: greed moves prices toward walls, and fear then reads them as near.",
    "novel_properties": [
      "two reports that make each other",
      "a swing rather than a level"
    ]
  },
  "examples": [
    {
      "text": "CNN Business publishes a Fear and Greed Index that combines seven market indicators into one score from extreme fear to extreme greed.",
      "domain": "finance"
    }
  ],
  "relations": [
    {
      "id": "fear-index.priced",
      "type": "contrasts-with",
      "note": "the fear index measures one end of the swing"
    },
    {
      "id": "animal-spirits.urge",
      "type": "contrasts-with",
      "note": "animal spirits are the urge to act; greed is that urge read as reaching too far"
    }
  ],
  "used_by": [],
  "forms": [
    "fear and greed",
    "greed and fear"
  ],
  "closed": true,
  "provenance": {
    "author": "claude-opus-5-5:hand-curated",
    "date": "2026-09-29",
    "confidence": 0.85,
    "sources": [
      "schema/power-agency-phase.md"
    ]
  },
  "canonical": "https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-fear-and-greed.swing"
}