Appraisal, Broker, and Construction Products; Vendor News

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Posted To: Pipeline Press

I am often asked about a primer for capital markets. Much of the training is “on the job,” but for anyone serious about learning the topic, here’s a good place to start . How about a little learnin’ about the stock market, despite its waning popularity? (About 3,600 firms were listed on U.S. stock exchanges at the end of 2017, down more than half from 1997.) How did the bull become associated with rising stock prices? Some say it’s because the bull attacks by swinging its horns upward. But the association of bears with falling prices came first, thanks to a practice in 17th-century fur trading. Middlemen sometimes sold bearskins they had not yet bought from hunters, betting that the price would drop. It seems to be an early form of what is now known as naked short…(read more)

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