Hello, my name is Michael. I'm a first year finance student with a discussion among friends regarding what would happen to the ASX if americas market fell.
Is the ASX actually affected by americas markets? if for example a 9/11 happened again to all the markets in america; what would happen to the ASX?
I've been told it all goes through america but that makes no sense to me, is America the central market of the world or simply the business centre.
Thank you and I look forward to lurking and learning from this forum