Where Did the Bull and Bear Market Get Their Names? - Investopedia
Bull markets tend to last longer than bear markets 🌟 with an average duration of 6.6 years. The average duration of a bear market is 1.3 years. The average cumulative 🌟 gain over the course of a bull market is 339%. The average cumulative loss over the course of a bear 🌟 market is 38%.
Bear vs Bull Market: Key Differences for Investors to Know | TIME Stamped
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.
Where did the terms bull market and bear market originate?