graveyard market
noun[C]
STOCK MARKETukusaperiodduring whichpricesin afinancialmarkethave been going down for alongtimeand there is very littletradingactivity. This is becauseshareholdersdo notwanttolosemoneybysellingtheirsharesverycheaply, andinvestorsdo notwanttobuynewsharesuntil thesituationimproves:
Thecrashitself, thoughlargeinitsownright, was nothingcomparedto theensuinggraveyardmarketanddevastatingdepression.
Compare
bear market