It actually isn't - the notation has lots of ambiguities that don't confuse mathematicians because they are aware of the context.
On Proof and Progress in Mathematics[1][2] is a great essay by a Field's medalist. Part of the essay discusses this very topic, and why mathematicians choose not to use a formal notation for every day work. Some quotes from it:
> The standard of correctness and completeness necessary to get a computer program to work at all is a couple of orders of magnitude higher than the mathematical community’s standard of valid proofs. Nonetheless, large computer programs, even when they have been very carefully written and very carefully tested, always seem to have bugs.
> When one considers how hard it is to write a computer program even approaching the intellectual scope of a good mathematical paper, and how much greater time and effort have to be put into it to make it “almost” formally correct, it is preposterous to claim that mathematics as we practice it is anywhere near formally correct.
[1] https://arxiv.org/abs/math/9404236
[2] I discovered it via HN comments a while ago.