The stock market is big news today. Over 50 percent of the American public own stocks directly or indirectly, meaning that the financial well-being of tens of millions of people is directly tied to the market. Alan Greenspan has stated that it is not possible to understand the modern economy without understanding the stock market. But this has not always been so.
Many people now alive can remember a very different time, when the stock market was little more than a primitive insiders' game, viewed by most Americans with skepticism and suspicion. In.
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