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Why is a bear market called bear?

Updated: 9/15/2023
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11y ago

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Most people agree that the words "Bull" and "Bear" came from fights in the Midwest they would chain a bear to a stake, and release a bull to charge it. the bull would thrust its horns "up" into the bear to win, while the bear would bite "down" on the bull to win. Thus the terms "Bullish" and "Bearish" had came to the stock market.

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Q: Why is a bear market called bear?
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