Abstract

Every business day, hundreds of thousands of people turn on their televisions to watch CNBC.1 Millions more tune in to listen to Bloomberg radio.2 Thousands of men and women get home from work and open brokerage statements received in the day’s mail. These people have one thing in common: they want to know what is happening with the money. The stock market is more than just a place where people buy and sell stocks; the health of the stock market (more specifically the health of the stock marketplace) is both an indicator of, and a substantial factor in, the health of the worldwide economy.3 The stock market is more than just some abstraction on the news; it is to financial capitalism what the circulatory system is to the

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