Money and markets

Here’s why economists should learn astrology

From :

If only we’d had more power, we could have kept the financial crisis from getting so bad.

That has been the position of Ben Bernanke, the Federal Reserve chairman, and other regulators. It explains why Mr. Bernanke and the Obama administration are pushing Congress to give the Fed more authority over financial firms.

So let’s consider what an empowered Fed might have done during the housing bubble, based on the words of the people who were running it.

In 2004, Alan Greenspan, then the chairman, said the rise in home values was “not enough in our judgment to raise major concerns.” In 2005, Mr. Bernanke — then a Bush administration official — said a housing bubble was “a pretty unlikely possibility.” As late as May 2007, he said that Fed officials “do not expect significant spillovers from the subprime market to the rest of the economy.”

The fact that Mr. Bernanke and other regulators still have not explained why they failed to recognize the last bubble is the weakest link in the Fed’s push for more power. It raises the question: Why should Congress, or anyone else, have faith that future Fed officials will recognize the next bubble? …

When Mr. Bernanke is challenged about the Fed’s performance, he often points out that recognizing a bubble is hard. “It is extraordinarily difficult,” he said during his Senate confirmation hearing last month, “to know in real time if an asset price is appropriate or not.”

Most of the time, that’s true. Do you know if stocks will keep going up? Is gold now in the midst of a bubble? What will happen to […]

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By |2018-06-11T10:23:24-04:00January 8th, 2010|Money and markets|0 Comments

Friday’s Jobs Report is Less Worse News than Usual

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We are in a rare period right now where there are no planets in retrograde motion.  John McCormick’s excellent research from his classic book, “The Book of Retrogrades” reports that all planets are “direct” (moving forward) only eight percent of the time.  Retrograde planets tends to cause us to look backwards in whatever area of life a particular planet rules.  With all planets moving forward, we can see some real progress for a couple of weeks.
That could shift on the 20th when Mars turns retrograde, something that only happens every two and a half years or so.  But for now, it appears that the economy in the United States may be turning a corner with a that cites statistics showing that the bleeding of US jobs is slowing.
It’s hard to call that really good news, but the Obama administration will take good news where they can find it, and there is a report that they are discussing using the repaid TARP money to stimulate more job production.
Uranus changed direction on December 1, a shift that nearly always brings a surprise of some sort and a reversal in the financial markets, and this one witnessed a 111 point rise in the Dow on the 1st.  The week following the Uranus shift has brought erratic highs and lows as investors swing from optimism to pessimism on a daily basis.  In fact today, the Dow shot up 150 points in the first 15 minutes, and then the rally dissolved and the Dow closed up only 23 points.
Jupiter (positive thinking and optimism) is fast approaching a conjunction to Chiron (wounding and healing) and Neptune (spiritual longing and idealism) that is likely to create […]

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By |2009-12-04T17:07:39-04:00December 4th, 2009|Money and markets|Comments Off on Friday’s Jobs Report is Less Worse News than Usual

Ponzi Schemes and Astrologer

I have always felt that if the Universe wanted us to be able to predict the future, It wouldn’t have given us a life of mystery. The unfolding of the mystery and the ability to make choices every moment that affect the rest of our lives is a key part of our journey here.

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An awareness of planetary cycles give us the ability to work with the planetary gods in order to maximize the potential of each cycle of change, but it doesn’t give us the ability to predict the future. The gods do not reward hubris, as Icarus discovered when he flew too close to the Sun, and as soon as we believe we are beyond the boundaries of time and space our wings are likely to melt and we will likely fall back to Earth.
So I was not surprised to seelinked from on the fall of Chartwell Enterprises:

CHARTWELL Enterprises used astrology to help predict stock market trends and profile investors, the Geelong Advertiser has learned.

The mystical learnings were explained as part of a system used for more than 20 years to global market trends, investors said.

The latest revelations follow a similar discovery on Tuesday that Graeme Hoy paid spiritual business planner Suzanne Goodchild an estimated $200,000 a year to help run the business.

Ms Goodchild confirmed she worked for Mr Hoy but refused to comment any further.

Open folders with investor details, seen by the Geelong Advertiser after staff rushed from the building following their sacking, showed a detailed analysis of star signs and what motivated an investor, from wealth creation to family and health.

“We were told it was part of the Gann investing system,” said one […]

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By |2018-08-04T08:46:20-04:00November 10th, 2009|Money and markets|Comments Off on Ponzi Schemes and Astrologer

Revisited: China, the Face of Pluto in Capricorn

Nearly two years ago, when Pluto had first entered Capricorn, I wrote about the new balance of world power which will likely see China at its head:

Remember that Pluto rules over breakdown and destruction, followed by transformation. The elevation of Ceres to planet status has coincided with the eruption into mass consciousness of an acceptance (finally!!) of the need to protect the planet’s resources. Capricorn is concerned with matters of business, factories, governments, anywhere things are made and commerce is conducted. The emergence of China as a world power, without the democracy that helps to put safeguards in place, is likely to be the focal point of the Pluto in Capricorn period. Already we are seeing the emergence of a to protest the devastation of the environment there that is likely to come to a head with the upcoming square of Uranus in Aries to Pluto in Capricorn.


Pluto is just finishing a square to the Midheaven in the (Sibley) chart of the United States, signifying a death and transformation in the position of the United States relative to the rest of the world.  In addition, Mars in the US progressed chart recently turned retrograde and there is more of a sense of looking back and repairing past errors than moving forward into new frontiers.

Now comes this interview with George Soros in the Financial Times, echoing what astrologers have been saying since Pluto entered Capricorn and […]

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By |2009-10-29T10:20:06-04:00October 29th, 2009|Money and markets|Comments Off on Revisited: China, the Face of Pluto in Capricorn

Conspiracy Corner: Our Broken Economy

Image from Alter Now I don’t blame Obama – he inherited a disaster from the Bush administration and is in a “damned if you do, damned if you don’t” situation.  If he stood by and let the economy collapse so that it can be rebuilt, which is what I believe must happen, he would be tarred and feathered by just about everybody.  And without a solid understanding of the astrological cycles and the fact that Pluto’s entry into Capricorn began a systematic contraction in the financial system, it would make sense to pump money into the economy in order to save it.
Obama admirably wants at least an appearance of bipartisanship in Congress, but Congress won’t cooperate.  I’m afraid that his collaborative style of government, though effective, may not be workable in today’s Saturn/Uranus atmosphere of duality and conflict. But I don’t see that the alternative would be any more successful; a leader who ruled with an iron fist would generate enough opposition to inspire revolution.  This is the pull between Saturn and Uranus – the status quo and the rebellion that resists it.
In addition, I am enough of a conspiracy theorist to believe that you can’t get elected president without going to (figuratively) with the shadowy government that actually pulls the strings.  My first clue to this was in Obama’s selection of Geithner and Summers for his economic team. I can understand that Obama would want advisers who understand the system, and unfortunately that probably means advisers who are IN the system.  But Geithner […]

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By |2009-10-23T11:11:01-04:00October 23rd, 2009|Money and markets|Comments Off on Conspiracy Corner: Our Broken Economy
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