Totally willing to believe I’m just naive about this; I don’t see what “bull market vs. bear market” has to do with the running of the bulls festival.
Totally willing to believe I’m just naive about this; I don’t see what “bull market vs. bear market” has to do with the running of the bulls festival.
> The terms come from London's Exchange Alley in the early 18th century, where traders who engaged in naked short selling were called "bear-skin jobbers" because they sold a bear's skin (the shares) before catching the bear. This was simplified to "bears," while traders who bought shares on credit were called "bulls." The latter term might have originated by analogy to bear-baiting and bull-baiting, two animal fighting sports of the time.
I feel dumber having just written that out. Don't they teach reading comprehension at school any more?