The Lunar New Year is approaching on Jan. 28. We’re heading into the Year of the Rooster, after 12 months of the frisky monkey, and that means the brokerage CLSA is on hand with its annual Feng Shui Index to tell us what to expect in the year ahead. Specifically, this is a fire rooster year: each year also has one of five elements attached to it, the others being wood, water, earth and metal.
Key Takeaways:
- The first quarter will see flat performance, according to the predictions, with water the abundant element. That clashes with the predominant fire of the year, putting it out.
- The earth and water industries explained above should be the best performers of the entire lunar year.
- The Lunar New Year is often called Chinese New Year, but it’s also celebrated in Vietnam, South Korea, Mongolia and Tibet.
“Specifically, this is a fire rooster year: each year also has one of five elements attached to it, the others being wood, water, earth and metal.”
Leave a Reply