Thursday, November 21, 2019
The Year of the Ox Should Be A Slow But Steady One
The Year of the Ox Should Be A Slow But Steady OneThe Year of the Ox Should Be A Slow But Steady OneThe Chinese New Year is upon is, and that means its prediction timeAccording to Asian astrologists (quoted by Bloomberg), given that the coming year will be changing hands from that scurrying subway demon the rat to the loveable, patient, hardworking, slow-but-steady-and-determined ox, we shouldntbebetting onthe economy to be quick and nimble in 2009instead,investors should be patient and position for a potential market upturn in 2010, when the tiger takes over and then gives way to the rabbit before the hare hands over our fates over to the dragon.In other news, President Obama gave the recently-ousted ex-Merrill LynchCEO John Thain a slap on the wristtoday for that interior design hobby of his.Thanks a lot, JT. Now no one will be able to redecorate in 09.
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