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Stocks

Turmoil will make monkeys out of unwise investors this year

HONG KONG -- With the Year of the Monkey set to roil Chinese markets further, by popular wisdom, investors will need a healthy dose of the wit and caution the year's namesake animal is known for.

     The Chinese zodiac represented by 12 animals is a common theme when talking about the economy and markets in greater China. Hong Kong brokerage CLSA mentioned the Year of the Fire Monkey -- the new year's sign in the 60-year cycle -- in an invitation Friday to next week's annual presentation of market predictions. Monkey imagery and the Chinese character representing the animal were a motif in signage and handouts at a Jan. 14 news conference by British bank HSBC on its outlook for the year.

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