Where did the terms bull market and bear market originate?
John Marchini, New York USA
- I quote from Brewers Dictonary of Phrase and Fable:In STOCK EXCHANGE language a bull is a speculative purchase for a rise: also a buyer who does this, the reverse of a bear. A bull-account is a speculation made in the hope that the stock purchased will rise before the day of settlement. since the early 18th century the terms bull and bear have been broadly used on the Stock Exchange to describe an optimist or pessimist in sharedealing.
Geoffrey, Worthing UK
- In Virginia City, an old silver mining town in Nevada, they claim they used to have bulls and bears fight one another. Bulls slashed up with their horns, bears slashed down with their paws, hence the directions of bull and bear markets. Sounds as plausible as any other explanation, but I can't vouch for it myself.
John, Wellington, New Zealand
See AlsoStory of the bull and bear
- Don't know for sure, but Chablis nightclub in Bournemouth comes pretty close to both those meanings!
Gemma, Bournemouth UK
- Long ago, goods and services were exchanged for other goods and services. Investors who sold bear skins they did not yet own were called bears because they expected a price decline. Bull traders were considered the opposite of bears. They bought assets with the expectation that prices would rise.
Steve Gibbs, Clifton Park NY USA