In the case of the Philippines, we have actually observed some funds returning to our financial markets. At the beginning of each new calendar year or each Chinese new year, I am often asked for my “fearless” economic forecasts. There are those who ask me with such earnestness that I sometimes feel they think I have an infallible crystal ball!
Friends, I don’t have one. And neither am I one to pursue luck. Although before this forum, someone told me that in the year of the Chinese Wooden Horse, the numbers 2, 3 and 7 are considered lucky… Interestingly, today is the 2nd day of the 3rd week of the Year of the Horse and 7th full week of the year 2014!