Eight characters
January 1, 2024.
Every year, I take a look at the eight characters of New Year's Day, because the new calendar uses New Year's Day as the starting time, and the New Year's Day time must be combined with the traditional solar terms of the beginning of spring.
It is mainly based on the eight characters of the beginning of spring, supplemented by the eight characters of New Year's Day.
First of all, the most prominent of the eight characters on New Year's Day is water, and water reflects the economic situation of the year to a certain extent.
Judging from the New Year's Day, the global economy is still surging, the liquidity of water represents that the trend of the economy will be stronger than in 2023, the liquidity of the financial industry will be better than the previous year, and with the rise of emerging markets and the stability of the economies of developed countries, global economic growth will be strong. However, trends such as geopolitical tensions and climate change will not be very favorable, with climate change being drastic and the probability of flooding in the new year being even more likely to be too high.
Second, financial markets will continue to be volatile. As interest rates and inflation change, financial markets will continue to fluctuate, with implications for the global economy. In addition, the rise of fintech will also have an impact on the traditional financial industry. This can be seen from the reduction in interest rates on fixed deposits at the end of the year.
Saving money in the new year is the confidence to save for the future, and don't believe in the nonsense that saving money will become less and less valuable. Interest rates are cut to stimulate consumption, but for individuals, saving money is for more security.
In conclusion, the economy will continue to face many challenges and opportunities in the future. For individuals, it is also necessary to rise to the challenge and seize the opportunity.