|
By Jean-Philippe Olivier, Head of Investment Specialists, THEAM BNP Paribas
In the film The Revenant, the character played by actor Leonardo DiCaprio survives some gruesome moments. One of these is an attack by a 'great bear'. The movie relates the story of Hugh Glass, an American frontiersman, fur trapper and trader, hunter and explorer, in 1823. Indeed, 'traders' had a tougher time back then than they do nowadays (or did they?...). Whether this grizzly scene (and the rest of the movie) is a true story or not doesn't really matter.
Surviving a bear attack is also a common theme on financial markets
For the past five years, commodity markets have been in decline – a "bear" market. With a fall of more than...
|