Just arrived home from a vacation to NYC. Wonder why no Bear Statue in the Financial District. Found the Bull easily enough. Is or was there a Bear Statue?

ANSWER

JAC

ANSWERS: 1

Cipher

The Bowling Green Bull was a Christmas gift to New York in 1989. Market trends are described as sustained movements in market prices over a period. The terms "bull market" and "bear market" describe upward and downward movements respectively: this can relate either to the market as a whole or to specific securities and sectors. The expressions "bullish" and "bearish" mean optimistic and pessimistic respectively. Obviously investors and brokers want to celebrate an optimistic market with a bull -- but nobody wants to celebrate a bullish market. Therefore, I doubt one will ever see a bear statue anywhere near Wall Street.

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