POLITICS/RELIGION - January 26th marks the Chinese New Year and this new year is the Year of the Ox, and investors around the world will be hoping that after one of the worst years in stock market history (2008 was the year of the rat), this will be a year of changed fortunes - the Year of the Bull Market - hopefully.
The Year of the Ox is conservative, traditional and is not a year to be outrageous, but slow and steady with great strength. The Ox is supposed to bring stability and growth where patience and diligence pays off. It also symbolizes harvest - to reap what we have sown and to take care of business.
Investors hope that the Year of the Ox is true to its reputation, setting the economy on the path to lasting recovery.
China and the United States have been hard hit by the American recession.
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