The financial kingdom is not just inhabited by humans but also by other animals. The most famous animals are the bull and the bear. There are also many other animals that are used in the financial markets. For instance, the unicorn is used to describe a startup with a value of at $1 billion. Out of the “Magnificent 7” five have market caps in excess of $1.0 Trillion and the other two are on the way to the Trillion dollar milestone. Soon humans will need to identify an animal to describe these Trillion dollar American babies. 🙂
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Source: Not just bulls and bears: Animals that inhabit financial markets, BNY Mellon Investment Management
