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Financial terms: what does a bear market mean, how does it affect you?

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  • Atahualpa Amerise @atareports
  • BBC news

bear market

Source, Getty Images

With the “bear market” rumors dominating the news lately, many may have asked the question, “What does this mean and why should we care?”

Unlike inflation and rising interest rates, which are affecting our pockets through rising prices and rising debt and mortgage repayments, most people may not be aware of the jargon. stock market because it is not actively involved in stock trading.

But those terms and their meanings can actually affect anyone.

The US Dow Jones and S&P 500 indices, which track the performance of the largest listed companies on the US stock market, fell more than 15% and 20% respectively from record levels in December, starting the week that began June 13. .

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