Lunar Horoscope for the World Economy: “Don’t worry about 2008,” say Chinese: “Next year will be tops!”

Posted February 10, 2008

"Kenny Lau, head of the small-cap sector at Credit Suisse, said the last three Mouse years had all seen very strong stock market growth in Hong Kong. It grew 232 percent in 1972, 30 percent in 1984 and 18 percent in 1996. But he said high inflation (…) would provide a threat to economic growth and turbulent times were ahead."

Blogger's note: Since the leading presidential candidates in the Unites States have thus far abstained from offering practical economic and political solitions to the problems we're facing… promising Hope and Change in vague yet oh-so-comforting terms… we were looking to the hands-on Chinese for guidance. Unfortunately, their Communist secularism, too, ain't allwhat i's cracked up to be. Their outlook seems hardly less fuzzy. But "Year of the Mouse" sounds so much better than "Year of the Rat"…

Baltimore — (TFN): The Year of the Mouse threatens to see a build-up of international tensions, natural and air disasters, and a more turbulent stock market, soothsayers and analysts say. As the Year of the Pig ends, followers of Chinese feng shui will be scurrying to consult fortune-tellers, astrologers, feng shui geomancers to guide their year ahead.

Chinese fortunes are based on a belief that events are dictated by the different balances in the elements that make up the earth — gold, wood, water, fire and earth. Feng shui master Raymond Lo says this year will see the earth element sitting atop water, suggesting an outward solidity built on sliding foundations.

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