Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Kangaroos

What it is:

Kangaroos are slang for Australian stocks.

How it works (Example):

For example, if Company XYZ is an Australian company whose stock trades on the Sydney exchange, it is a kangaroo.

Why it Matters:

Kangaroos are a popular feature of the Australian outback, and the animal has come to symbolize members of the Australian financial scene.