The term "dead cat bounce" is derived from the idea that "even a dead cat will bounce if it falls from a great height".[2] The phrase has been used on Wall Street for many years. The earliest use of the phrase dates from 1985 when the Singaporean and Malaysian stock markets bounced back after a hard fall during the recession of that year. Journalist Christopher Sherwell of the Financial Times reported a stock broker as saying the market rise was a "dead cat bounce". A similar expression has an older history in Cantonese and this may be the origin of the term.
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