The beginning of a new year is a time for hope and optimism.
With the Year of the Ox upon us, what can we expect in the new Lunar Year, and will the animal largely associated with dependability and calmness bring a halt to the economic recession both in Taiwan and the whole world?
Local fortune tellers predict that the financial and political rumblings of the nation will continue to dominate in the year ahead. But don’t lose faith: they also say that in the second half of the year of the ox, the economy will slowly but gradually start to improve.
“Pluto is entering Capricorn and financial markets around the world, already in a steady decline for several months, will continue to go down,” forecasts famous Taiwanese horoscope reader Jesse Tang.
But after the stock market hits bottom, it will start to rise, and it will soar again by the end of next year. That is when investors should return to the market, says Tang.
Chan Wei-chung, an expert in Chinese Zi Wei Dou Shu and master of Feng Shui or geomancy, also notes that “Wu Qu” or the “Star of War” will be strong in the year of the Ox. This means that the financial market should have good prospects, especially in July and August of 2009.
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