• 8 hours Who Will Pay For The $40 Trillion Energy Transition?
  • 1 day Why Chinese Rare Earth Prices Are Soaring
  • 2 days 2021 Could Be A Huge Year For Chinese Stocks
  • 3 days Shadowy Brokers Target Easy TikTok Money In New Scheme
  • 4 days Cannabis Sales Are Soaring In The United States
  • 5 days Biden Will Be A Boon For Solar Stocks
  • 6 days The Shroom Boom Is Here To Stay
  • 9 days The Gold Rally Has Finally Run Out Of Steam
  • 9 days Citibank Analyst Predicts $300k Bitcoin By End Of 2021
  • 12 days Bitcoin Lives Up To Its Safe Haven Status In A Big Way
  • 12 days 14 Million People Will Lose Unemployment Benefits On December 31st
  • 14 days Why 12 Million American Millionaires Isn’t Good News
  • 15 days Big Oil Is Paying The Price For Investing In Renewables
  • 16 days The Banking Industry’s $35 Billion Gravy Train Could Disappear
  • 17 days Did Amazon Just Democratize Prescription Drugs?
  • 18 days The Private Space Race Just Got Very Real
  • 20 days Short Sellers Are Willing Big In This Turbulent Market
  • 21 days SpaceX Gets Go-Ahead To Send Humans Into Space
  • 22 days Saudi Arabia Lost $27 Billion In Oil Crash
  • 23 days China’s Big Tech Takes A Hit As Regulators Crack Down
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  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