Secular

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Secular

Long-term time frame (10-50 years or more).

Secular Market

A market as defined by its overarching, long-term trends. Generally, a secular market refers to trends over a period of five or more years. A secular market may be bullish or bearish, and, in market analysis, takes precedence over opposite, short-term trends that happen within the secular market. For example, the Great Depression in the United States lasted from 1929 until World War II (certainly a bearish secular market). Even though some years saw significant GDP growth (including 14.2% growth in 1936), this did not prevent the secular market from being bearish. Thus, a secular market describes general trends in the market without regard for anomalous trends in the interim. See also: Cyclical market.
References in periodicals archive ?
Because of their affordability and their wide circulation through lending libraries the gothic chapbooks' role "in defining the transformations of the gothic uncanny" (197) from the supernatural, transcendent into a secularized uncanny is of special interest to Hoeveler.
A third sign of the new secularized age reflects the Enlightenment ideal of critical reason and open inquiry.
It is not the sacred Christmas that bothers me, but the common commercial secularized and politically correct generic Christmas that tries to be safe and inoffensive.
s themes are revealed: (1) sacred space and place in the "mega-churches" with their effective marketing, packaging, and presentation; (2) new sacred texts and narrative that have replaced the presumably secularized bible now devoid of transcendence; and (3) the "post-text" imaging of the movies, especially apocalyptic ones.
They got separate secularized states courtesy of Mustafa Kemal and the Arab provinces passed into another occupation that further fragmented what had remained of the unity once fostered by the Ottoman umbrella.
We've emasculated and secularized many feasts by transferring them to restaurants, where debts are not entered into a social and political order but are paid off with a credit card," Wilson asserts.
The brewery was eventually secularized and taken over by the state, and now operates as a commercial venture.
But while green fields still adorn the walls of tourist offices, Ireland is rapidly becoming an urbanized, secularized and giddily flush society.
Among the topics are the tragedy of his Lancelot and Guinevere, endless virtue and Trinitarian prayer in Lancelot's healing of Urry, secularized salvation, and what Malory can offer non-religious readers.
As a result, millions of Iranians--the sons and daughters of once faithful revolutionaries--have secularized.
Priestly celibacy is a precious gift of Christ to his church, a gift that must continually be meditated upon and strengthened, especially in the deeply secularized modern world," Hummes said in a full-page article he wrote for the Vatican newspaper, L'Osservatore Romano, Feb.
The Russian Orthodox Church is back in favor, or at least it has gained enough financial backing to refurbish and even rebuild churches destroyed or secularized by Stalin.