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The Conversation USA

What’s a bear market? An economist explains

  • Written by Vidhura S Tennekoon, Assistant Professor of Economics, IUPUI
imageAt the moment, the bear seems to have the best of the bull.AP Photo/Michael Probst

A 16th-century proverb advises: “It’s unwise to sell a bear’s skin before catching it.”

That’s one of the stories used to explain why, in modern times, Wall Street types call someone who sells a stock expecting its price to drop a...

Read more: What’s a bear market? An economist explains

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