Posts tagged ‘Feng shui’

31/01/2014

Feng Shui Masters at Odds Over Prospects for Year of the Horse – China Real Time Report – WSJ

The Year of the Horse, which begins Friday, is a dangerous one for investing, according to Master Koon, a Hong Kong-based feng shui master.

The Chinese zodiac runs on a 60-year cycle, as the 12 animals occur in combination with each of the five elements of traditional Chinese cosmology: wood, water, fire, metal, and earth. The “wood horse,” which is up this year, represents “instability and disruption,” Master Koon said. A previous wood horse year, 1894, saw war break out between China and Japan – hardly an auspicious sign.

“Property, the stock market, the economy, politics—they’re all unstable,” said Master Koon. “So investments need to be conservative.”

Master Koon’s analysis flatly contradicts that of brokerage CLSA, which argued in a recent report that the Year of the Horse would be a good one for stocks. Based on its own survey of five feng shui diviners, CLSA calculates the Hong Kong stock market’s benchmark Hang Seng index will likely rise 28% over the next year.

It seems the masters of feng shui are no more in agreement than professional economists, whose prognostications for China’s growth vary from an export-driven resurgence to financial meltdown. It isn’t clear which profession has a better record of forecasting.

via Feng Shui Masters at Odds Over Prospects for Year of the Horse – China Real Time Report – WSJ.

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