Housekeeping: Good Morning.
The Year of the Dragon 2024 is associated with the element of wood. The last time it was the year of the tree was 60 years ago, in 1964. According to the South China Morning Post , the Year of the Wood Dragon is believed to promote growth, progress and prosperity, and a year to start something new with long-term potential. The stock market in China may need more of that – so far this year, MSCI's China index has fallen more than 7% and this has also dragged down MSCI's EM index overall.- Nordic