Friday, January 2, 2009
Year in Review... & the Year of the Ox
Uncle Jay Explains 2008 in Review
2008 was the year of the rat
2009 is the year of the Bull ~ Ox
Investors and punters in this part of the world will be hoping the Year of the Bull, which starts on Jan 26, will live up to its name.
Actually, it is usually referred to as the Year of the Ox for 2009 in the Chinese calendar. There is a big difference because the ox is the castrated version of the bull. Punters will naturally prefer the virile version and the bullish symbolism of a rising stock market.
Ok ~ this is ironic symbolism.... if the bull is a market icon, then castration (impotence) seems befitting to symbolize the US economy.