– What are stock markets, money markets, currency markets, commodities markets? How do they operate?
– What are the implications of Britain’s entry into the Exchange Rate Mechanism of the European Monetary System?
– What is meant by insider dealing? Why is it illegal?
– Who are the main players in the world of money? What do stockbrokers, marketmakers, merchant bankers or underwriters do?
– Was the Big Bang really a revolution? What caused the Crash of 1987?
Stripping away the mystique from the world of investment and finance, How to Read the Financial Pages is a layman’s guide to reading and understanding the financial press and the markets and events that it covers. Assuming no existing financial knowledge, Michael Brett provides a valuable explanation of the workings of the financial world – from money markets to commodity markets, privatisation to takeover bids. With an extensive glossary of financial and journalistic terms – what is a traded option or a leveraged buyout? – this book will help you through the financial columns to a better comprehension of the language of markets and money.