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Any people with an understanding of economics that can explain to me why a bear market really is the correct term?
Market is down: bear/bare market
Market is up: bull market.
It’s just the name we use to describe market conditions
Thank you!
When graph goes down, it looks kind of like a grizzly bear from the side profile, when graoh goes up, it looks like big bulls horns
Bear market is when the market has traditionally been (for the duration of the observers data) in a downtrend and a bull market is the opposite.
