• Blyfh@lemmy.world
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    7 months ago

    Any people with an understanding of economics that can explain to me, why a bear market really is the correct term?

    • nifty@lemmy.world
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      7 months ago

      Bear is also a term used for “a husky and hairy man”, or the opposite of a twink.

      But the joke doesn’t really work: just because the value of one commodity goes down (twinks in this case), it doesn’t mean the market is bear (in economic terms), but it may mean that the value of bears (in sex preference terms) is going up.

      • Blyfh@lemmy.world
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        7 months ago

        That one I got, but thanks nonetheless. There are probably other out there wondering what bears & twinks are.

    • Cort@lemmy.world
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      7 months ago

      Market is down: bear/bare market

      Market is up: bull market.

      It’s just the name we use to describe market conditions

    • OneOrTheOtherDontAskMe@lemmy.world
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      7 months ago

      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.

      • Blyfh@lemmy.world
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        7 months ago

        Double-woosh? I got that part. I was just interested in the term “bear market” being an accurate description.