Please Explain: Stock Markets

Friday, January 25, 2008

Stock markets around the world seem to be going haywire in recent weeks. We find out how global stock markets work, and why they’re so interconnected. John Authers is the Investment Editor for the Financial Times; David Weidner is Senior Columnist for Marketwatch.

Weigh in: Do you follow the stock market closely? How do its ups and down affect your mental health?


John Authers and David Weidner

Comments [5]

jerry from yonkers

why doesn't the goverment put the tax rebate money into building infrastructure, creating jobs, and putting the money into the pockets of people who need it most (previously unemployed), not to mention stregthening our infrastructure

Jan. 25 2008 01:55 PM
markbnj from online: or

If (and I think there WILL BE) there is a global (DEPRESSION) similar to the 1930's

WHAT will happen to our service based economy
when no one can afford to go to a starbucks or mcdonalds for an overpriced (relatively speaking) economy

How will we recover?

Jan. 25 2008 01:54 PM
Stephen from brooklyn

What does the term "making markets" mean?

Jan. 25 2008 01:48 PM
Liz from Brooklyn

Why is the secondary market so important since, ostensibly, none of the money that changes hands is going to the companies whose stock is being traded?

Jan. 25 2008 01:45 PM

Since this is please explain, something I often wonder: why ARE there multiple stock markets?

Seems that Ebay would work just as well or better in terms of a "true" market. On that note, has anyone figured out the "rent" paid to all of these stock markets that come out of traders' pockets? And how that's changed since some converted from non-profit to for-profit?

Incidentally, I noticed that the NYSE purchased the AMEX -- ironic enough that one market place is buying another, from my view. But that the transaction is in stock only makes it especially delicious!

Jan. 25 2008 11:44 AM

Leave a Comment

Email addresses are required but never displayed.

Get the WNYC Morning Brief in your inbox.
We'll send you our top 5 stories every day, plus breaking news and weather.