Summer Doldrums

Summer Doldrums

A supposed seasonal trend in which a stock market declines or remains flat during the summertime. Some analysts and traders believe markets rise toward the end of each year and begin to decline the following summer. The existence of this phenomenon is disputed.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Nigel Farage has raised his head from the depth of the summer doldrums and promises yet another political return.
Miles Shipside, director of Rightmove, said: "Prices are in the summer doldrums. Sellers coming to market at this time of year have to price more keenly as the traditionally bubblier spring selling season is over and prospective buyers are distracted by their own summer holiday plans.
Some analysts have blamed the summer doldrums on an overabundance of sequels and reboots.
HUNTING Hunting options have headed towards the summer doldrums, but we're not completely done yet.
It was the summer doldrums, still school vacation but almost time to go back.
HONG KONG, Stock markets in Asia moved sideways on Tuesday as the summer doldrums and a lack of economic data ahead of a widely anticipated speech by the Fed chief kept investors on the sidelines, AP reported.
Two index components contributed to California's summer doldrums: housing starts and the tech stock index.
Lots to do around town: I think the most creative ways to solve summer doldrums start at home and in this community.
"In value terms, demand was worth $57.6bn, 14 per cent below Q3 2011."According to WGC, the reasons behind the rather dramatic drop in demand are the "extraordinary levels of demand witnessed during Q3 2011" as well as the "subdued activity across the asset spectrum for much of the period (a combination of summer doldrums and a general sense of uncertainty among investors) and slowing inflation in a number of countries."The WGC report maintains that despite the US-dollar gold price rallying during the latter half of the quarter, "the initial price consolidation created hesitation among investors."Indeed, the price of gold dropped to a one-year low of around $1,535 per ounce in early June, which led to a slowdown in investment demand.
The improving state of the economy might make the political finger-jabbing a little less fractious than if it were still marooned in its summer doldrums, but it should still be fun to watch.
''Despite small gains, the VLCC market remains mired in summer doldrums,'' said broker firm Charles R.
It's not going to be demand, not until the summer doldrums are over at least, and it doesn't look like it's going to be cost-curve support either.