Lalique Bear Sculpture

A significant element of Russian culture, the bear appears in many Russian literature, folklore, sayings and popular culture. Although this powerful and fearless animal is commonly considered dangerous, Russians fondly view the bear as playful, good-natured, strong and protective. In 2018 it is associated with Bull, these two animals together symbolize the stock markets. In turn, the bull represents one who speculates, believes in the growth of the market and buys. In contrast, the bear embodies one who believes in the decline of the market and seeks to sell his securities. It is the balance of the bull and the bear in perpetual confrontation that symbolizes the balance of the markets.