Brace for a volatile ride in the Year of the Dragon
This year should be positive for both bonds and equities; it is an opportune time to add high-quality bonds
IN THE lunar calendar, 2024 is the Year of the Dragon, which is considered the most auspicious animal in the Chinese zodiac. In Chinese astrology, the Cycle of the Five Elements plays a significant role in determining the energy and potential outcomes of each year.
In 2024, the element associated with the year is wood. Hence, 2024 is the Year of the Wood Dragon.
The Dragon is the most formidable animal in the Chinese zodiac and is associated with power, strength and good fortune. The element of wood brings growth, creativity and endurance. Combined, “Wood Dragon” years usually burn with lots of energy, vibrancy and dynamism, and are usually associated with major historical and political events.
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