• 12 mins Why Germany Is Going To War With Gold
  • 1 day Gold Is Still Cheap Compared To Stocks
  • 2 days Are Cryptocurrencies Funding Terrorism?
  • 2 days Promising Oil Companies To Watch In 2020
  • 3 days Could China's Coronavirus Outbreak Impact U.S. Stocks?
  • 3 days Tesla Stock Continues To Soar
  • 4 days What New Economic Data Reveals About Gold's Trajectory
  • 5 days The Lucrative New Tech Hijacking Your Privacy
  • 5 days The Biggest Loser In The China-U.S. Tariff Tit-For-Tat
  • 6 days Trade War Takes Its Toll On Shipping
  • 8 days Is $90 Oil Possible? An Interview With Jay Park
  • 9 days Billions Of Dollars Are Flooding Into The Flying Taxi Space
  • 9 days Is This The Most Important Energy Project Of 2020?
  • 10 days Startups Are Dying To Give You A Better Death
  • 10 days U.S. Restaurants Are Struggling With Rising Labor Costs
  • 11 days The Banking Bonanza Is Just Getting Started
  • 11 days How The Trade War Ceasefire Will Impact The Energy Industry
  • 12 days Who Is The Most Dangerous Person On The Internet?
  • 12 days SoftBank Sees First Quarterly Loss In 14 Years
  • 14 days Prepare For An Oil Glut In 2020
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

Critters in The Financial Markets

We all know the denizens of the markets include Bears, Bulls and Pigs. The latter are those who stay too long or who reach for the extra yield.

Decades ago, Investors Intelligence sentiment summaries were colloquially divided into Bears, Bulls and Chickens. The latter were letter writers who were undecided and calling for no change.

In checking our Concise Oxford Dictionary, it has bear as a verb:

"To speculate for a fall on the Stock Exchange."

However, the best definition of a bear as a noun is in Johnson's Dictionary, published in 1755:

"A description of stock-jobbers, who sell unreal stock."

During the early summer, a number of stocks and stock exchanges achieved unrealistic expectations. But Johnson elegantly described selling something that did not exist.

Birds are critters in the markets as well, with markets soaring like eagles. Severe financial crashes leave behind "Lame Ducks", which term was used in London during the 1700s.

This can be the season when "The chickens come home to roost". Of course, the "Vulture Funds" are waiting.

And then there was the huge oil boom that blew out in 1980 and crashed over most of the next decade. The governor of Texas observed that during the mania, some had thought that the official state bird should be the building crane. But, in recognizing the disaster it should be the turkey.

Of course, the establishment can never understand where the money goes in a bust. At one hearing the judge asked a young and former hot-shot banker about this. As reported in the Wall Street Journal "Well, we spent it on wine women and song. The rest we just pissed away."

Sheep and lemmings are often found in the financial markets. And virtually every city in North America has a list of plaguey critters. Including Canadian cities, there are urban bears, urban coyotes, urban racoons, urban skunks and urban socialists.

The latest to the list of critters in the markets would be the patron bird of short-sellers.


The Nuthatch
(genus Sitta, family Sittidae)

The Nuthatch (genus Sitta, family Sittidae)

They make their living upside down.

 

Back to homepage

Leave a comment

Leave a comment