To The Moon

$S&P/ASX 200(XJO.AU)$ fell for the third consecutive trading day on Wednesday, the first full trading day since the Central Bank of Australia announced its first interest rate hike in more than a decade on Tuesday.

Real estate was the worst-performing sector, falling 1.5% to its lowest level in nearly two months.

Real estate is usually one of the most sensitive stock market industries to the rise of interest rates. Raising interest rates will increase the cost of debt used to buy real estate.

As investors prepare for tighter financial conditions, the industry has fallen 14% this year, or reflecting the possibility of a slowdown in the real estate market, which could lead to a 10% decline in prices in 2023.

Australia is the most economically developed country in the southern hemisphere and one of the most economically developed countries in the world.

Australia, with a population of only 22 million, had a per capita GDP of $65,000 in 2010, ranking sixth in the world; It is much higher than the United States, Britain and Canada, which are both English speaking countries; The human development index ranks second in the world, only behind Norway.

Australia is one of the world's top 10 exporters of agricultural products and one of the 6 largest exporters of mineral resources. It is called "a country that rides on the back of sheep, sits on a harvester and holds ears of wheat." In addition, Australia's tourism industry is also among the best in the world.

Australia is rich in mineral resources and has the reputation of "a country setting on a harvester". The proven economic reserves of bauxite, lead, nickel, silver, uranium, zinc, and tantalum rank first in the world. Crude oil reserves are 227 billion liters and natural gas reserves are 22,000 trillion cubic meters.

Australia is the largest industrial country in the southern hemisphere, and the mining industry is the most important industrial sector in Australia. Australia is the world's largest exporter of bituminous coal, bauxite, lead, diamond, zinc and concentrate; The second largest exporter of alumina, iron ore, and uranium; The third-largest exporter of aluminum and gold.

In addition, the output of coal, lithium, manganese ore, nickel, and silver in Australia is also quite large. Australia's financial, commercial and service industries are also extremely developed.

In 2010, the Australian dollar officially replaced the Swiss franc as the world's fifth-largest currency in circulation.

Australia's financial industry is extremely developed. Australia is the third highest country in the world in terms of total bank value, second only to China and the United States. The market value of Australia's four major banks even exceeds that of all banks in all countries of the eurozone combined.

Below are the Returns of Major AU stock Index and Funds.

See From the Above chart, we can see the past 10 years, 80% year showed positive returns.  What's more, seeds funds may not able to out-perform the Index for most years.

@ASX_Stars will continue share the basic info and trading perspective content to AU stock market. 

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