Financial Terms Flashcards
1
Q
Secular Market Definition
Define
“Secular Market”
A
- A secular market is a market that is driven by forces that could be in place for many years, causing the price of a particular investment or asset class to rise or fall over a long period of time.
- In a secular bull market, positive conditions such as low-interest rates and strong corporate earnings push stock prices higher.
- In a secular bear market, where flagging corporate earnings or stagnation in the economy leads to weak investors sentiment, stocks experience selling pressure over an extended period of time.
- A cyclical market, in contrast, is shorter in duration in its peak-trough-peak movements.
- Reference: https://www.investopedia.com/terms/s/secularmarket.asp
2
Q
Define
“Ombudsman”
A
The typical duties of an ombudsman are to investigate complaints and attempt to resolve them, usually through recommendations (binding or not) or mediation.