This is the Ramsey Call of the Day, part of the Ramsey Network.

Today's question comes from Christine in Virginia.

She says, what is the difference between a bear market and a bull market?

And why are they called bull and bear?

I don't know how to take these into

consideration when I'm investing. That's a really good question. And I feel like you hear that a lot.

It's basically the terms to talk about when the market is up versus when it's down. Right. It's like

the 20% swing between it being up and things looking great and everybody's like optimistic and happy

and it being down, which it had been better part of 2022 and even into 2021, I believe.

And everybody's like, oh, no, we're all dying.

And it's a bear market, which, you know, I've always, I don't know if I'm right about this,

but I've always just thought, okay, it's a bear market.

Everything's asleep.

Like, it's hibernating.

The good stuff's hibernating.

Well, I read something that said that it's based on the two animals are based on how

they attack you.

So a bull like bores you with his horns up, right? And a bear

slashes you and goes down. I don't know. I've never heard that. I had never heard that either.

That's why I shared a little bit of it. I was more with the run, you know, bull in a china shop,

you know, run crazy.

Yeah.

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