GRAVEYARD MARKET
\ɡɹˈe͡ɪvjɑːd mˈɑːkɪt], \ɡɹˈeɪvjɑːd mˈɑːkɪt], \ɡ_ɹ_ˈeɪ_v_j_ɑː_d m_ˈɑː_k_ɪ_t]\
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Bear, or down, market with substantial losses facing sellers, with buyers staying out of the market, keeping liquid, not investing. The name comes from no action, or trading life, in the market. Those in fear getting out, and those out had no incentive to jump in.
By Henry Campbell Black
Word of the day
dust storm
- a windstorm that lifts up clouds of dust or sand a windstorm that lifts up clouds dust or sand; "it was the kind of duster not experienced in years"