Stock market can still play positive role for investing

The Irish Stock Exchange commissioned research recently that laid out detailed analysis of the exchange’s impact on the economy.

Its contents have been well telegraphed across all media but the bit that intrigued me was buried towards the end of the 100 page report.

Under the title ‘Selected Historic Milestones’, you will find hints to what the exchange is all about. Rather than being a static entity, the exchange, and its constituent members and their investors, ebb and flow in response to capital raising themes that surface at different periods.