"Bull market" and "bear market" are terms you’ll hear often in financial news. They describe what they sound like. A sustained period of rising prices (bull) and a sustained period of falling prices (bear). Typically, a bull market is defined as a rise of 20% or more from a recent low. A bear market, on the other hand, is a decline of 20% or more from a recent high. These thresholds are commonly used, but they’re…
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