World Of Business

Adventure in Equities

Most investors know that 1991 was a good year on Wall Street. Not so many know that, compared with a lot of other equity markets, Wall Street was an also-ran. Despite the headlines about New York's all-time record highs in January, the same is proving to be true so far this year.

This simply underlines how many games there now are in town. New York, London and Tokyo may be the heavyweights, but there is action in Thailand, Jordan and Chile as well. Datastream International, a company that provides market data, tracks 40 stock markets worldwide. Brokerage houses now need the...

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