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 ?
And just as Skelton could foresee where the trend to secularize public schools might lead, so we can easily imagine future frontiers for the dogmatic enemies of religion to explore.
Shortly after that, he asserts, leaders of the Unitarian Church seized control of Harvard and from that citadel of non-belief directed a successful campaign to secularize the entire nation.
Bush erred, most critics now believe, in painting a Milton who is too moderate and irenic; Zagorin errs by painting a Milton for whom religion is unimportant This attitude is evidenced not only by Zagorin's repeated comments but by his failure to discuss the political implications of works, such as "On the Morning of Christ's Nativity," which reveal views of history that are difficult to secularize.
In creating the sonnet and devoting its subject matter to Laura, an idealized and remote portrait of womanhood, Petrarch secularizes the reading strategy of Augustine, but still reads flesh allegorically as a figure of the spirit.