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  2. Early 1990s recession in Australia - Wikipedia

    en.wikipedia.org/wiki/Early_1990s_recession_in...

    In October 1987, the international Stock Market Slump saw markets crash around the world. The crisis originated when Japan and West Germany pushed up interest rates, pressuring US rates also to rise, triggering a massive sell-off of US shares. Global share prices fell an average of 25%, but Australia saw a 40% decline.

  3. Stock market basics: 9 tips for beginners - AOL

    www.aol.com/finance/stock-market-basics-9-tips...

    5. Try a stock market simulator before investing real money. One way to enter the world of investing without taking risk is to use a stock simulator. Using an online trading account with virtual ...

  4. Economic history of Australia - Wikipedia

    en.wikipedia.org/wiki/Economic_history_of_Australia

    The global early 1990s recession came swiftly after the Black Monday of October 1987, resulting from a stock collapse of unprecedented size which saw the Dow Jones Industrial Average fall by 22.6%. This collapse, larger than the stock market crash of 1929, was handled effectively by the global economy, and the stock market began to quickly recover.

  5. Economy of Australia - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Australia

    This collapse, larger than the stock market crash of 1929, was handled effectively by the global economy and the stock market began to quickly recover. But in North America, the lumbering savings and loans industry was facing decline, which eventually led to a savings and loan crisis which compromised the well-being of millions of US people.

  6. Why is the stock market down today? 'The market can't get a ...

    www.aol.com/why-stock-market-down-today...

    Markets seesawed on the first trading day of 2025 as investors grappled with big questions ahead of a change of power in Washington. U.S. stocks jumped in early trading, then zigzagged throughout ...

  7. The stock market slumped today. Why is the 'Santa rally' over?

    www.aol.com/stock-market-slumping-today-why...

    “For investors, it is starting to look similar to 2022 – too high inflation, rising interest rates, and falling stock prices." More: Fed lowers key interest rate by another quarter point but ...

  8. Australian dollar - Wikipedia

    en.wikipedia.org/wiki/Australian_dollar

    The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; [2] [3] and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu.

  9. Why James Hardie Shares Are Dropping Today - AOL

    www.aol.com/why-james-hardie-shares-dropping...

    The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and James Hardie Industries Plc wasn’t one of them. The 10 stocks ...