boom
bust
boom- loud, deep, resonant sound.
bust-come apart or split open. or break out; escape.
google is my best friend
Oliver's definition is okay, but does not have much to do with financial trends.
Maybe you should google "boom bust" as I did, and you will find explanations relating to the economy, such as that from Investopedia
thxs
"Boom" and "bust" are terms commonly used to describe economic cycles.
A boom refers to a period of robust economic growth characterized by increased business activity, high consumer confidence, rising employment rates, and increasing asset prices. During a boom, industries thrive, businesses expand, and individuals tend to have higher disposable incomes, which leads to increased spending and investment.
On the other hand, a bust, also known as a downturn or recession, is a period of economic contraction. It is characterized by declining economic activity, reduced business investment, rising unemployment rates, and falling asset prices. During a bust, businesses may face challenges, and individuals may experience financial difficulties due to layoffs or reduced incomes.
To understand the reasons behind booms and busts, it is essential to study macroeconomics. Macroeconomics focuses on the overall performance and behavior of the economy, including factors such as gross domestic product (GDP), inflation, interest rates, and government policies.
Economists and analysts often use various economic indicators, such as GDP growth rates, employment data, consumer spending, and stock market trends, to track and identify cycles of boom and bust. They also examine factors such as fiscal and monetary policies, technological advancements, international trade, and business cycles to understand the causes and potential consequences of these economic phases.
In summary, the terms "boom" and "bust" describe the contrasting phases of economic cycles. A boom represents a period of economic expansion, whereas a bust refers to a period of economic contraction. Understanding macroeconomics and tracking relevant economic indicators can help analyze and predict these cycles.
you're not very helpful. thanks for wasting my time.
ever hear of an online dictionary?
I can't believe someone would post such an easily answered question here, hoping someone else would do all the work for you.