Squilliam on 24 July 2009
Oh... dear.
Though IMO the stock market is an overblown and over analysed part of the monetary system. It makes up a fraction of the overall equity/money market and it tends to get more attention because its 'exciting' but perhaps not as relevant as some people believe. Very few companies actually raise capital on the exchanges, most simply look to the bond and securities markets.
Tease.
