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 classic literature ?
Miss Ladd broke through her rule of attending to secular affairs on week days only; and, after consulting with Mrs.
Every one must have remarked how mud-banks, left by the retiring tide, imitate in miniature a country with hill and dale; and here we have the original model in rock, formed as the continent rose during the secular retirement of the ocean, instead of during the ebbing and flowing of the tides.
Many different forms, both religious and secular, including the religious drama.