As to the origin of bulls and bears when referring to the market,"Historically, the middlemen in the sale of bearskins would sell skins they had yet to receive. As such, they would speculate on the future purchase price of these skins from the trappers, hoping they would drop.
The trappers would profit from a spread — the difference between the cost price and the selling price. These middlemen became known as 'bears', short for bearskin jobbers, and the term stuck for describing a downturn in the market. Conversely, because bears and bulls were widely considered to be opposites due to the once-popular blood sport of bull-and-bear fights, the term bull stands as the opposite of bears.
In my estimation, the market was grossly overvalued. It should have been at 24 before this drop happened however, in lieu of the low IQ president that we have I can imagine the dow at 17
It means you should have taken your money out of the market last year when top economists said the market was due for a correction and potential recession starting in late 2019 early 2020.
Y'all DO realize that a $1T bailout by the Fed to rescue the Stock Market is quite literally Socialism rescuing Capitalism?
I remember you guys doing stories about the overnight short term loans and how that was an indicator to a recession, or something related. I've seen reports of these loans happening again. Can you give a refresher?
don’t listen to they’re biased as 💩
Bear live young at fork in road
It means my IRA lost $11,000 in a matter of 2 days 🤬. Thanks for panicking Wall Street 🖕.
Buy When There's Blood in the Streets!
reminder: the stock market is all bullshit anyway
Joe Biden, if elected, will bail out wallstreet instead of the American people. Just like 2008.
Like some kind of scenic wonder?
Beautiful Sunny Day ❤
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