A Bear Market Is Not A Recession: How To Understand What's Going On In The Markets Right Now
A Bear Market Is Not A Recession: How To Understand What's Going On In The Markets Right Now
熊市并不等于经济衰退：如何理解当前市场的走势
There are good and bad times to be an investor. As major indexes such as the SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust (NASDAQ:QQQ) sink from all-time highs, you might hear traders say that the market is entering a "bear market."
成为投资者有好时机和坏时机之分。像SPDR S&P 500 ETF Trust（纽交所：SPY）和Invesco QQQ Trust（纳斯达克：QQQ）这样的主要指数从历史高点下跌时，你可能会听到交易员说市场正在进入“熊市”。
But what does that mean? And how is it different from a recession?
但那是什么意思？它与经济衰退有何不同？
Bull, Bear Markets: You'll often hear investors referring to "bull markets" and "bear markets." Bull markets refer to long, protracted periods of growth over several years. At these times, investors are generally optimistic about the prospects of their...
牛市和熊市：你经常听到投资者把“牛市”和“熊市”挂在嘴边。牛市指的是延续数年的...
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