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equilibrium
(redirected from Market equilibrium)

   Also found in: Dictionary/thesaurus, Medical, Financial, Encyclopedia, Wikipedia 0.01 sec.


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There's another view of "normal" that has come out of the crisis stronger than ever: that "normal" doesn't exist at all, that the belief in market equilibrium is part of the kit bag of ideas--including the efficient market and rational expectations--that have been effectively undermined.
The study suggests heightened demand for urban living, new programs aimed at easing home financing restrictions, recent record low interest rates and further price discounting will likely accelerate the closing rate -- with arrival at market equilibrium probable within three to four years.
No longer can we afford to lie to ourselves, not save and live beyond what the market equilibrium dictates, because in the end, everything reverts back to the mean.
 
 
 
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