go south

Also found in: Financial.

head south

1. To escape; to vanish or disappear. (Not necessarily in a southerly direction.) Everyone in the gang headed south when they learned that the police had discovered their hideout.
2. To fall or drop; to depreciate; to lose quality or value. (Especially related to finances or stock exchanges.) The company's stock profile continued heading south for the third day in a row today. I used to be a big player in the stock market, but all my investments have headed south lately.
3. To cease working or functioning; to quit, fail, or fall apart. Talks between the labor union and the construction firm headed south yesterday, so it looks like workers will be on strike again soon. My computer is only a month old, and it's already heading south.
See also: head, south

go south

 and head South 
1. Sl. to make an escape; to disappear. (Not necessarily in a southerly direction.) Lefty went South the minute he got out of the pen. The mugger headed South just after the crime.
2. Sl. to fall; to go down. (Securities markets.) All the stock market indexes went South today. The market headed South today at the opening bell
3. Sl. to quit; to drop out of sight. Fred got discouraged and went South. I think he gave up football permanently. After pulling the bank job, Wilbur went South for a few months.
See also: south

go south

Deteriorate or decline, as in The stock market is headed south again. This expression is generally thought to allude to compasses and two-dimensional maps where north is up and south is down. However, among some Native Americans, the term was a euphemism for dying, and possibly this sense led to the present usage. [Slang; first half of 1900s] Also see go west.
See also: south

go South

and head South
1. in. to fall; to go down. (Securities markets. This is a way of saying down. South is usually “down” on a map.) The market headed South today at the opening bell.
2. in. to quit; to drop out of sight. After pulling the bank job, Shorty went South for a few months.
3. in. to make an escape; to disappear. The mugger went South just after the crime.
See also: south
References in periodicals archive ?
When open, it will enable motorists on CR 101 to cross Texas 288 and go south on the highway.
But if the market continues to go south we may see more 'bad news' disclosures," he said.
commodity work) to lower its MH/ton while margins also go south.
And while Stinson says the sole proprietorship is an unquestionably simple method of getting started, using it means that the founder places his or her personal assets in jeopardy if things go south.
Using original interviews, secondary works, and the women's unpublished writings, Schultz reconstructs early life experiences, decisions to go south, civil rights movement tasks and roles, and post-movement pursuits.
Go south to SoHo, with its plethora of trendsetting shops and funky food markets many with a distinct New Age, healthy theme - and a whole new consumer can be seen.
A British Columbia man recently found himself before the Federal Court of Canada for following his doctor's advice to go south.
when he collided with a westbound tractor-trailer turning left to go south on Variel, said Los Angeles Police Department Officer Jennifer Snell of the Valley Traffic Division.
We could) spend a day in the West Arm part of the region or we could go south to Matthews (Maple Syrup) where the maple syrup may be running, east to Clare Gorge, or we could go to Algonquin.
I'm sure agents are telling the players that things are better in England, that's their job and I respect that, but you wonder if it's really in their best interest to go south for a marginal pay rise.
Go south along Beach Road by river crossing by bridge at Footpath sign to entrance of tunnel under Abergele Road (rather dark) Arriving in the open air again follow stream (south)on paved area for a few yards to Footpath sign showing track up steps and then following east bank of stream southerly.
The luxury coach makes its debut when the Dons go south for tomorrow's SPL game with Kilmarnock.
The out-of-favour Dons stopper is interesting the English First Division side and would be allowed to go south on a free, despite having a year left to run on his contract.
He said: "They will take on 80 per cent of the workload currently being done by London MPs as well as all their extra Scottish Parliament work, while the MPs who go south will have theirs substantially reduced.