Understanding Capital Markets
3h 19mBeginner2025-01-08
Authors

Michael McDonald
Researcher and Professor of Finance at Fairfield University
Course details
Capital markets are a crucial area of finance—and investors aren’t the only ones impacted. Retirement, buying a house, and long-term savings are all affected by the rise and fall of the investment markets. While everyone’s circumstances are different, understanding how the stock market and investments like bonds work can make you more successful. In this course, Dr. Michael McDonald explores the world of capital markets, including stocks, bonds, options, mutual funds, currencies, and commodities. Learn about stock valuation, bond valuation, options, bond yields, calculation of bond ratings, and how earnings reports and other market events impact stock investors. Dr. McDonald also demonstrates how to buy and sell financial products, and assess the risk that goes along with each one.
Learning objectives
Distinguish between the types of markets in which investments are traded.
Identify the oversight responsibilities of US governmental regulatory agencies.
Differentiate between the various types of brokerage offerings.
Compare municipal bonds to corporate bonds as investment options.
Explain arbitrage in the foreign exchange market.
Describe the factors involved in commodities pricing.
Learning objectives
Distinguish between the types of markets in which investments are traded.
Identify the oversight responsibilities of US governmental regulatory agencies.
Differentiate between the various types of brokerage offerings.
Compare municipal bonds to corporate bonds as investment options.
Explain arbitrage in the foreign exchange market.
Describe the factors involved in commodities pricing.
Skills covered
Personal FinanceCorporate FinanceFinance and AccountingLearningProfessional Development
Concepts
0. Introduction
- 01 - Capital markets and investment decisions
- 02 - Disclaimer
1. Capital Markets Basics
- 03 - Risk and return in the stock market
- 04 - Major US markets
- 05 - The shrinking stock market
- 06 - International markets
- 07 - Regulation and the capital markets
- 08 - Investing and inflation
2. Stock Markets
- 09 - What are stocks
- 10 - Investing in stocks
- 11 - Stock market operations
- 12 - Setting up stock market accounts
- 13 - The bid-ask spread
- 14 - Buying and selling in the stock markets
- 15 - Shorting and going long
- 16 - Stock market indices
- 17 - Stocks, ETFs, and mutual funds
- 18 - Basics of stock valuation
- 19 - Earnings reports and major stock events
- 20 - Returns in the stock market
- 21 - Risk in the stock market
- 22 - Value and growth stocks
- 23 - Call options and stocks
- 24 - Put options and stocks
3. Bond Markets
- 25 - Bond market basics
- 26 - Investing in bonds
- 27 - Bond valuation in Excel
- 28 - Bond yields in Excel
- 29 - Three important relationships in bonds
- 30 - Returns on corporate bonds
- 31 - Treasury bond markets
- 32 - Treasury auctions
- 33 - Municipal bond markets
- 34 - Municipal bonds and the tax exemption
- 35 - Bond ratings and municipal bonds
- 36 - Trading in municipal bonds
4. Other Capital Markets
- 37 - FX markets basics
- 38 - Buying and selling in FX
- 39 - FX arbitrage
- 40 - Commodity markets basics
- 41 - Buying and selling in commodities
- 42 - Commodities and contango
- 43 - Cryptocurrencies
- 44 - GameStop and the meme stocks
- 45 - Hedge funds and private equity
Conclusion
- 46 - Next steps
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