Secular

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Secular

Long-term time frame (10-50 years or more).
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
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References in periodicals archive ?
Going beyond the obvious, one needs to understand why the shortfalls in the practice of secularism have dogged our nation?
He pointed out that there were no appropriate alternative words for secularism in Urdu and Hindi.
Chapter two focuses on the secularism experience of the modern republic during the single-party and early multi-party eras.
Four major realities in 'secular' India tend to prove that secularism is a myth and not a reality.
She goes further: beyond religion, women were also associated with reproduction--"Man is the brain, woman the uterus." In the discourse of secularism, the sexual division of labor was attributed to biology and nature, whereas before the US and French revolutions, it was the consequence of the hand of God.
While not giving in to anti-secular argument, Copson's analysis sets the foundation for the books final chapter, entitled "Hard Questions and New Conflicts." As the world faces increased migration, he observes, "Migration has been a spur to secularism, especially in its aspect as equal treatment of people with different beliefs.
Secularism, Scott points out, is a hard concept to pin down.
Secularism, when broadly described in political context refers to a system where the State has nothing to do with the religion, in the sense that the relations of secularism to religion are mutually exclusive.
Davutoglu also said the government would seek a a "liberal interpretation" of secularism, as opposed to an "authoritarian" one.
Secularism cannot feature in the new constitution," he reportedly said.
" Is it therefore bold to expect that the Supreme Court may consider, in its wisdom, to clarify the contours within which the principles of secularism and composite culture should operate with a view to strengthen their functional modality and remove ambiguities that have crept in?
What do we mean when we talk about this Western phenomenon called secularism? Some have talked about secularism as what follows after the collapse of Christendom; thus the declaration that we live in the secular era of post-Christendom, where fewer and fewer people attend Christian worship services, and where Christianity no longer exercises power over sociopolitical realities.