Graveyard Market

A "graveyard market" is the end of a long bear market -- when the stock market seems like a "graveyard." Long-time investors have suffered large losses, but stay in the market…

Gray Knight (Grey Knight)

Entry in progress -- B.P. Wikipedia: White knight (business)In business, a white knight, or "friendly investor" may be a corporation, or a person that intends to help another firm. There…

Great Accumulation

The term "Great Accumulation" refers to central banks buying foreign exchange reserves. China's central bank, for example, bought large amounts of dollars in the early 2000s, but…

Great Compression

The term "Great Compression" was coined by Claudia Dale Goldin and Robert A. Margo in their book, The Great Compression: The wage structure in the United States at mid-century (1991). The…

Great Contraction

The "Great Contraction" is the period from 1929-1933 that is also called the "Great Depression." Economist Milton Friedman (1912-2006) popularized -- but did not coin -- the…

Great Debasement

The "Great Debasement" (1542-1551) occurred when the English Crown reduced the gold and silver content in its coins, saving the government money. The name "Great Debasement" was…

Great Default

"Great Default" is a term coined and popularized by the economist Gary North, borrowing "great" from names such as the "Great Depression" and the "Great…

Great Deformation

David Stockman, the Reagan administration's Director of the Office of Management and Budget (1981–1985), announced in 2012 his new book, The Great Deformation: How Crony Capitalism Corrupts…

Great Depression

"Great Depression" is the name for the economically depressed period in the United States beginning with the October 1929 stock market crash and lasting throughout the 1930s. The term…

Great Disorder

The term "Great Disorder" has been cited in print since at least 1974 to describe China's Cultural Revolution (1966-1976). Mao Zedong (1893-1976) sought to create "the great…

Great Divergence

The economist Paul Krugman wrote in the first post of his New York (NY) Times blog, The Conscience of a Liberal, on September 18, 2007: "The great divergence: Since the late 1970s the America…

Great Moderation

Entry in progress -- B.P. Wikipedia: Great ModerationIn economics, the Great Moderation refers to a reduction in the volatility of business cycle fluctuations starting in the mid-1980s, believed to…

Great Rebalancing

The financial term "Great Rebalancing" was cited by Newsweek on June 26. 2006: "I think we'll look back and 2006 will seem possibly like the middle phase of what you might call…