CLSA's has released its annual Feng Shui Index for the year of the goat, entitled Capricorn Rising. The report says that Hong Kong will have mixed but improving fortunes, while China will continue to prosper. The West will be less lucky as it enters a period of 20-years where its fortunes will not be as good as before.
The Hong Kong stock market will rise over the first four months of the year of the Goat reaching a high in June. This will be followed by high volatility in August and September with an excess of 800 points in the Hang Seng Index intraday movement. The rest of the year will see...