Quizzes & Puzzles1 min ago
Bull/Bear market
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Where do these decsriptions originate and why does Bear mean a low market and Bull a high?
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For more on marking an answer as the "Best Answer", please visit our FAQ.An old Stock Market phrase spoke of a 'bearskin jobber'. This referred to the old proverb about selling the bearskin before you'd succeeded in killing the bear! That's what a bearskin jobber hoped to do. A bear nowadays is an investor who anticipates a fall in stock prices and invests accordingly. A bull anticipates the opposite...namely, that prices will rise...and speculates on that basis. Both words originted in these senses in the 18th century.