The negative impact on gilt yields caused by the latest national and global traumas has caused a wide division of opinion between our two protagonists.
Bear falls just short of believing that the end of the world is nigh, but all Bull can see are great opportunities.
Each of them set out their stalls and ultimately reach a working compromise.
They settle on a 12-month All Property Total Return Forecast for (calendar) 2026 of 6.5%.
But this only on the understanding that Bull can reinstate his previous ultra-bullish 2026 forecast of 10.5% for next year.
Bull and Bear will be taking next weekend off to celebrate the Spring Bank Holiday.