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Boom |
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Boom A period of rapid, strong economic and/or stock growth. For example, some developing countries post GDP growth of 10-12% per year, especially after they have liberalized their economic policies. Likewise, some stocks may become suddenly very popular, resulting in a boom. The dot-com bubble is one of the most famous examples of a stock boom. The problem with booms is that the growth is rarely sustainable, as investors become more and more speculative and take needless risks. Thus, most booms ultimately result in busts. Many economists believe the boom-and-bust cycle is an inevitable part of doing business, while others believe that government regulation can limit both booms and busts. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| As the huge Tom Ridge boomlet revealed, Republicans are hungry for proven leadership, proven winners who can appeal outside a sliver of talk-radio junkies. Nickelsburg said the difference between these markets is related in that Los Angeles, San Francisco and Silicon Valley did not have more than a boomlet in new construction the past few years. My problem is whether this boomlet will create increased business activity looking out a year and a half or farther. |
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