Plain-English definitions, reviewed by an independent investor

Bull Market vs Bear Market

A bull market trends up and feeds optimism; a bear market falls 20% or more from recent highs and saps confidence.

A bull market trends up and feeds optimism; a bear market falls 20% or more from recent highs and saps confidence.

(Defined by direction, not a formula: bear = −20% from peak)

Why it matters

Knowing the regime helps set expectations for risk and patience.

Common confusion

Start and end dates are only clear in hindsight; calling tops or bottoms is guesswork.

Definitions reviewed by the Investing Glossary editorial team.

Frequently Asked Questions

How much is a bear market?

A broad drop of 20% or more from recent highs is the common rule of thumb.

Can you profit in a bear market?

Some hedge or short, but most simply wait it out or keep buying calmly.

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