Have always wonder... why people describe the stock market being a bull market/bear market? What have these 2 animals do with stock market? and what it means? The first instinct is... certainly, it's a description of how good or bad the market is... but don't know which is which...
Ah ha... at last, this morning's sunday times explains it briefly... and there the two animals serve as adjectives... Bulls are good times and Bears are bad times.
Accordingly to the article, the terms originated from the nature of the animals - bears tread with caution while bulls are bold and love to charge forward... hence the bearish investor feels the market will go down while the bullish investor thinks it is headed for new heights.
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