Story: Stock market

Understanding the stock market

Understanding the stock market

From 1983 until 1987 there was a 'bull market' – a sustained rise in share prices. Then from September 1987, share prices fell fast and the market became a ‘bear market’. Tom Scott’s cartoon at the time explains the distinction.

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Te Ara - The Encyclopedia of New Zealand
Cartoon by Tom Scott

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How to cite this page:

David Grant, 'Stock market - Rise and fall, 1984–1987', Te Ara - the Encyclopedia of New Zealand, (accessed 1 December 2023)

Story by David Grant, published 11 Mar 2010