Publisher's Synopsis
" John Littlewood has written a remarkable book.
This treatment makes not only for lively reading but also makes it possible to discern differing interpretations for the role of the stock market as a most important economic instrument.... It will be invaluable to the student of financial history no less than to the financial practitioner."
Lord Roll of Ipsden
The stock market discovered dividends in the fifties, earnings in the sixties, inflation in the seventies, growth in the eighties and value in the nineties. The market enjoyed the fifties, paused in the sixties, hated the seventies and has thrived ever since as the hand of the markets has come to dominate the economic orthodoxy. This is the tale of fifty years in the markets through ten bull and ten bear markets-a historical and analytical account offering valuable insights into the nature of the market and its relationship to our developing economic system
