This month’s resurgence in young cattle prices, as reflected in the EYCI graph below, raises the question: Is it early signs of a rally after the earlier spectacular falls, or is it a ‘dead cat bounce?’
Originating from the finance and stockmarket sector, the term, ‘Dead cat bounce’ describes a small, brief recovery in the price of a declining stock. It is derived from the idea that “even a dead cat will bounce if it falls from a great height.” The term is popularly applied to any case where a subject experiences a brief resurgence, during or following a severe decline.
The…
