Booming tendency (economic cycle)
An upward economic trend in an industry or in the economy as a whole: a boom, in older literature often also called pile and prosperity. – Economic vicissitudes, namely the ups and downs repeating themselves with a certain regularity (business cycle; business cycle) ultimately always of demand (demand; sales; sales) in an economic sector or in the economy as a whole. – See bear market, bubble, speculative, boom, bull, profit cycle, bull market, bull market feeds the bull market, hindsight, Jackson Hole consensus, business cycle diagnosis, short-term statistics, myopia, metabasis, milkmaid bull market, periptosis, rally, rebound effect, runup, cyclicality. – Cf. Monthly Report of the Deutsche Bundesbank of November 2012, p. 12 et seq. (weight and influence of the euro area in the global economy).
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
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