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 ?
Justice Blackmun's dissent in this case struck at the true effect of the opinion; he said that it claimed plurality, but edged toward secularly influenced neutrality by requiring secular purpose.
Thus, to Rozenof, whereas Institutionalists discussed institutional structures, Keynes was interested in what effects the economy, cyclically and secularly.
Religious issues in secularly based psychotherapy [Electronic version].
This theory of the relationship between utility and happiness provides a new explanation for the Easterlin paradox of secularly non-increasing happiness as the consequence of the Baumol cost disease for happiness and an explanation for loss-aversion based on the dependence of happiness on recent news.
It is a dilemma of the rock star, who has become secularly successful among the mass.
Neturei Karta oppose the so-called 'state of Israel' not because it operates secularly, but because the entire concept of a sovereign Jewish state is contrary to Jewish Law.
I think if he were ever to see his four daughters do anything, in tennis or secularly in the workplace, anywhere in the world, he'd want them to be treated just as well as his sons,' she said.
However, we must remember that such elite, secularly inclined intellectuals are often accorded importance today because they were forerunners of contemporary trends and movements
With their organ-heavy hard rock, Deep Purple's "Anthem," Amon Duul's "Para-mechanical World" and a few other period tunes create a mood at once secularly chilling and religiously resonant.
Among Turkish adolescents, suicide ideation was significantly higher among the secularly educated (41.
His act of confession is not, therefore, an access to spiritual exculpation, so much as it is an ingress into a form of secularly acknowledged, inconspicuous masculinity that has eluded him since adolescence.