Friday, June 30, 2017

SATURN AND THE STOCK MARKET


Saturn is currently going backwards at the end of Sagittarius. When a planet is going backwards (retrograde) it’s good to be thoughtful, and get things sorted for when the planet goes forwards again.

The most well-known retrograde phenomenon is Mercury, which happens 3 times a year for 3 weeks at a time. It’s when things notoriously go wrong, particularly Mercurial things like travel arrangements or vehicles or phones or paperwork. And it can create a sense that the planets work in a fated way. But I think it’s more like underlying problems get revealed, and if we pay attention to that, then we can move forward again once the planet does. And if we aren’t thoughtful in that kind of way, it will just seem like things are determined to go wrong.

I think there IS a fated element that astrology reveals, in the sense that it is, say, next month not this month that it is time to address certain things. But there is also free will and neither contradicts the other, even though they seem to. It is one of those apparent contradictions that is good to live with, it makes our mind more flexible, more subtle, less inclined to need everything pinned down.

On a collective level, thoughtfulness is an unusual quality. So collectively, we usually have to learn things – if we do – the hard way. And I think we are seeing this with Saturn in Sagittarius and the stock market. Sagittarius is a sign that likes to expand, but if it does so under Saturn retrograde in that sign, it points to inflation, a bubble, rather than genuine expansion, based on underlying realities. At the same time, we have also had a square between Jupiter and Pluto, and this leads to the same kind of problem.


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A report was issued by one of the big financial bodies a few days ago, pointing out that we had not dealt with the underlying debt problems that the financial crash of 2008/9 revealed. Western countries are just as indebted now as they were at that time, and the response has been to keep interest rates very low, so that debts can be serviced, rather than corporations and individuals going bust. But it doesn’t address the underlying problem. Since then, this problem has spread to the East. China now has high levels of debt as well.

DOW JONES 2012-17
This problem of debt, combined with Saturn’s final days in Sagittarius, and the end of the Jupiter-Pluto square, points to a correction to the stock market, which has had a long bull run. In late August, Saturn will start to move forward into Capricorn, and there is no stronger signature for a reality check than this. Saturn, the planet of proportionality and rectitude and responsibility, in its own sign of Capricorn.

It will also point to the final economic outcome of the Uranus-Pluto square, which began at the time of the 2009 crash, revealing the problems, problems which as I say we have still not dealt with, only delayed.

As Saturn enters Capricorn, it will begin to move towards a conjunction with Pluto in that sign in 2½ years time. Not long. So the stock market check that is soon to begin will not be temporary, it will be ushering in a major restructuring over the next few years. In the UK, people are understandably fed up with austerity. But we have been living beyond our means ever since the last Labour government failed to control the banks, and was forced to bail them out at huge cost. Other governments also failed in their job. But that doesn’t excuse our government, and the Chancellor in the years leading up to it, Gordon Brown.

So there will be a new economic order on its way as Saturn enters Capricorn and moves to conjoin Pluto. Austerity is not yet over. The stock market will go down, and there may be a recession. These things often happen in a panicky way. But overall I think it will be more of a significant correction than a crash, because that is the nature of Saturn and Capricorn. And the bubble is not huge: the Dow Jones is only about 25% higher than it was in the bubble of 1999.

3 comments:

gawd_almighty said...

"...the last Labour government failed to control the banks" - this is true, but given the rightward march of the political centre that has gone on for the past 30 years or so, the very idea of governments and politicians trying to control banks seems like heresy, and would be duly interpreted by the media as crazed communism were any government courageous enough to try it.
No, before the banks can be controlled by politicians, and by extension by the population, I think a serious, ground-levelling structural crash would have to happen, and if the triple conjunction in Capricorn isn't enough to bring that about, then perhaps the entry of Uranus into Taurus in 2018 might help the situation along.

Darren said...

I don't think we've had true austerity in the UK. We've just had a limit on the *growth* of spending. We've still been borrowing to spend. The debt has been growing. Its just been masked by the clever political trick of talking about the 'deficient' (ie the yearly borrowing) rather than the accumulated debt. I think the main problem is that there are enough people in the country who just want to stick their head in the sand and won't accept that we're living beyond our means. Its politically impossible for any government to have done the things that would genuinely have got us out of this hole.

So, as ever, if we won't consciously face up to something, we'll instead meet it as fate.

weaver said...

much appreciated, barry