๐ฅ Gate Post Ambassador Exclusive Posting Reward Task Round 4 Is Live!
Not yet a Gate Post Ambassador? Apply now ๐ https://www.gate.com/questionnaire/4937
Join the Ambassador Task and post daily from June 9 to June 15, get your posts rated, and share a $300 prize pool based on your ratings!
๐ Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will
Economist: Australian stocks have limited returns in the next year, but there are still support factors
According to Diana Mousina, economist at AMP, after experiencing double-digit returns in 2023 and 2024, it is expected that the return rate of the Australian stock market in the next year will be much more limited, only 7%. Overvaluation, ongoing economic recession risks, risks of global trade wars, and ongoing geopolitical issues may cause stock market fluctuations, during which a pullback of more than 15% is likely to occur. However, due to the expected interest rate cut by the Reserve Bank of Australia, the prospect of a stronger economic rise later this year will support profits, and US policies will ultimately support the US stock market, so investment returns should still be good.