STOCK MARKET is often considered the primary indicator of a country's economic strength and development
If the trend is up, it's a bull market. If the trend is down, it's a bear market.
Stock Market - The market in which shares are issued and traded either through exchanges or over-the-counter markets. Also known as the equity market, it is one of the most vital areas of a market economy as it provides companies with access to capital and investors with a slice of ownership in the company and the potential of gains based on the company's future performance.
In the Philippines, that market is called the Philippine Stock Market or most commonly known as the PHILIPPINE STOCK EXCHANGE or simply PSE with an index PSEi.