Avoid the Bear Trap
Written By: Jeremy Smith at Amerishield You may have heard the term “Bear Market.” There are a few possible origins of this phrase, but the most plausible dates back to the late 1700s. Bear skin brokers, known as jobbers, would often sell bear skins they did not yet have. They would sell them at the current market price and promise a future delivery date. Their hopes were that the price of bear skins would drop during that time giving them a higher profit. Nowadays, the...
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