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Stock Markets That Flummox Masses Do No One Any Good

Want to know a dirty little secret? Our stock markets no longer work.

They have grown so complex, fragmented and opaque that they don’t serve their stated purpose. Rather than a place where individual and professional investors can put a value on shares and where companies go to raise capital, the markets today look more like a video game. The trouble is, it’s one where only a few understand all the rules.