<P>Now more than ever, people are being affected by the fluctuations in the global economy and by financial uncertainty – with major impacts on their savings, portfolios and pensions. Fully updated for this fifth edition, <I>How the Stock Market Works</I> tells investors what is being traded and how, who does what with whom, and how to evaluate a particular share or bond in light of rival claims from critics and admirers.</p><p>Although using the British stock market as an example throughout, and a short chapter on British taxation, the book covers the fundamentals of what stocks are, how they are traded and how stock markets work. Covering the practical consequences of being a shareholder, the book is a useful reference for those new to investing.<BR>