Year of the Dragon suggests stock market gains in 2012

Viewed as a major game-changer, the dragon should support the market once it emerges from the water in August, according to CLSA's tongue-in-cheek feng shui index.
January 19, 2012

The arrival of the year of the dragon next week could bring about a change of fortunes for the Hong Kong stock market, although not for a while yet. At least if one is it to believe CLSA’s popular Feng Shui Index — a tongue-in-cheek look at what lies ahead when interpreted in the context of the Chinese zodiac and the five elements of metal, water, wood, fire and earth.

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