Gong Xi Fa Cai! Kung Hei Fat Choy! In China, no important decision is made without looking at astrology and feng shui at least a little. 2021 is the Year of the Ox, or more precisely the Year of the Yin Metal Ox. It follows the Year of the Rat, which brought us a century plague and an unexpected stock market rally thereafter. Continue reading “Year of the Ox: Getting Out of the Mess”
Tag: 2021
APAC Markets: First Trends in 2021
It’s always interesting to look at how the stock markets start into a new year. The month of January is supposed to have some predictive power for the rest of the year. Studies for the US market show that if January ends with a positive return, the probability that the year will end with a profit is around 90 percent. Although this statistic is valid for the US market, we can see similar effects for other stock markets. Continue reading “APAC Markets: First Trends in 2021”