You would have heard about the bull market. And then there’s the bear market. But have you heard about the kangaroo market? Neither have I… Until I came across a post on our Seedly Personal Finance Community Facebook Group. From the image, it looks like CNBC has brought in another animal to the financial zoo.

So, What Is a Kangaroo Market?

Before we get to that, let’s look at the OG animals of the market, the bull and the bear. A bull market usually refers to a 20% rise in a market over time from its bottom. The bull is used to describe a market that rises from the way it attacks its opponents. Bulls usually use their horns to thrust their enemies upwards. During a bull market, there is a strong demand for stocks, and this pushes the stock market up. On the other hand, a bear market occurs when the stock market falls 20% or more from its most recent high....