Posted by EngineeringProfit > 2023-09-06 16:01 | Report Abuse

The cyclical nature of financial markets, where periods of optimism can eventually lead to overvaluation and subsequent corrections. While the bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria; the bear markets are born on optimism, grown on confidence, mature on complacency, and die on panic." In bear market, which is characterized by falling stock prices and pessimism, there is an initial period of optimism and confidence that eventually gives way to complacency and panic as the market declines further.