Hoping to bring home the bacon in the Year of the Pig? Avoid the stock market then, says CLSA’s Feng Shui Index
- Donald Trump, born in the Year of the Dog, is also destined for a tumultuous 12 months, according to CLSA’s annual index based on Chinese tradition
- Kim Jong-un’s sister and Crazy Rich Asians star Michelle Yeoh can look forward to a bright year ahead, the index predicts
If you’re hoping to bring home the bacon by investing in stocks during the Year of the Pig, you may want to proceed with caution, according to investment bank CLSA’s annual Feng Shui Index.
But if property is more your thing, Hong Kong’s Central district may be in for a prosperous 12 months, if Chinese fortune-telling is anything to go by.
The Lunar New Year kicks off on February 5, and stock market investors are not the only ones facing a bumpy ride. US President Donald Trump is also destined for misfortune in the next 12 months, according to the annual index based on the principles of feng shui, the ancient Chinese system of harmonising individuals with their surroundings.
“It is a year facing the conflict between water and fire according to the Chinese zodiac. This will be a year for investors to focus on limiting losses rather than chasing large gains.”
President Trump’s potentially stressful year stems from the fact he was born in the Year of the Fire Dog, which is destined to encounter bad luck in the Year of the Pig.