Investment Climate

Ebullient market? Maybe a bubble?

"Everything" trades at 100 times earnings, maybe 100 times revenues. A missed quarter is forgiven with the stock down only a nickel. That's one market climate.

Then you have a world where "everything" trades at 10 times earnings. Nobody likes anything. Nothing new gets public. No investor demand for risk. T-Bills are "hot"; so is gold. Yeah, that's a different investment climate.

The former is waaaaay more fun(d). Unless you're a financial undertaker.

Find other enlightening terms in Shmoop Finance Genius Bar(f)