Financial Terms

Question 1

Secular Market Definition

Define

“Secular Market”

Answer 1

• 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

Question 2

Define

“Ombudsman”

Answer 2

The typical duties of an ombudsman are to investigate complaints and attempt to resolve them, usually through recommendations (binding or not) or mediation.