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  1. The Rabbit is pure spring wood element. It is described as a leaf or flower so it is not able to generate much fire like the Tiger wood, as such the year 2023 is pure water and wood and there is total absence of fire element like the previous years 2020 and 2021. As fire is symbol of happiness and positive energy in Chinese 5 element system, fire element is necessary to stimulate economic activities. When fire is totally absent, there will be less confidence and less drive for investment activities. These may lead to pessimism in the economy and set back in the stock market. The economic recovery which we experienced in 2022 may slow down. Such absence of fire will continue into 2024. As real fire element will not return before 2025 year of Snake, it will not be surprising that a more significant setback in stock market may appear in the autumn and winter season of 2023. The real economic recovery can only arrive by 2025 year of wood snake. Yin Water symbolize humble, moderate drop of water. It is also representing intelligence, flexibility, accommodating, and considerate thinking. As such, it is associate with clever compromising solution to difference and innovative, creative ideas. A typical yin water person is Zhuge Liang of the Three Kingdoms born in 181 AD. He is considered to be the most intelligent war strategist who won the battle of the Red Cliff with very innovative plots. Source: http://raymond-lo.com/p/14533/nr/100055/2023-the-year-of-the-rabbit-forecast