bear market; declining market
Financial term for a market where prices are trending downward. Often contrasted with 上げ相場 (bull market).
In a bear market, investors become cautious.
The declining market has continued since last week.
弱気相場 is a synonym for bear market, often used interchangeably with 下げ相場.
Compound of 下げ (sagé, 'lowering') + 相場 (sōba, 'market price'). The term directly describes a market with falling prices.