Today's marks the first day of the Chinese New Year, and 2014 is "The Year Of The Horse". What does that mean for the year ahead?

Here's a brief background on the Chinese New Year, according to infoplease.com

"Chinese New Year is the longest and most important celebration in the Chinese calendar. The Chinese year 4712 begins on Jan. 31, 2014.

Chinese months are reckoned by the lunar calendar, with each month beginning on the darkest day. New Year festivities traditionally start on the first day of the month and continue until the fifteenth, when the moon is brightest."

Is the Year Of The Horse a good thing or bad? Here's more on that from "The Independent":

"It’s the Lunar New Year and the Chinese Year of the Horse. The horse is part of a 12-year-cycle of animals that make up the Chinese zodiac. These interact with the five elements: wood, metal, fire, water, earth. 2014 is the year of the wood horse, taking over from the year of the water snake.

It will be a fast year full of conflicts according to some astrologers, who see wood as providing fuel for the energetic horse sign. The later part of the year is “yin fire”, increasing the potential for heated clashes even more. Feng shui practitioner Raymond Lo told Reuters: “The upcoming Horse year is also a 'yang wood' year, when people will stick more to their principles and stand firm."