Chapter 31: Black Monday (1)
Bull Market.
Not "fire" like burning, but "bull" as in the animal. A rising market is called a Bull Market in English—because just like a bull thrusting its horns upward, the market charges up.
There’s a famous symbol of this kind of market: the Charging Bull statue on Wall Street.
The “Charging Bull.”
One of the landmarks of Wall Street. But... it doesn’t exist yet.
It was made after Black Monday.
That brutal crash sparked it. A sculptor from Italy spent his own money to make it, hoping there’d never be a crash like that again, trying to comfort investors who got wrecked in that insane downturn.
Maybe the bull statue will end up bigger this time. If people need to be comforted, we’re going to need an even bigger bull market after this.
"A massive crash is coming."
"..."
After Japan’s market closed, I said it, and no one disagreed.
They knew now. It wasn’t just Tokyo—Wall Street, the whole world was heading for a crash.