A business term used to describe how a free-market economy balances itself after extreme events run their course like a rising stocks after a recession or the real estate bubble burst
. The word crossed over into everyday use to similarly describe when one's fortune or luck changes, for bad or good, changing the course of daily life.
Bob: Last summer I was was nail
ing babes left and right. Now that I'm back at college...nothing!
Pete: Ah, well, you're not that attractive or interesting. You just had a lucky streak. You were due for a market correction. Consider yourself forntunate if any girl even talks to you, bro!
Pete: I was just promoted at work! I've been wasting my talents there for WEEKS, but the VP just quit and they promoted me to replace him. Guess I was due for a market correction, huh? How's the girl situation, Bob?
Bob: I hate you.