Debt ceiling talks go all the way down to the wire

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(24 Could 2023)  Monetary markets are exhibiting indicators of
nervousness this week because the debt ceiling drama unfolds in Washington,
DC.  Shares have posted declines over the previous two days because the White
Home and the GOP-controlled Home try to search out areas of compromise
to keep away from a probably disastrous debt default.  Treasury Secretary
Janet Yellen has said that June 1 is the X-date after which the US
won’t be able to satisfy is debt obligations, whereas the Congressional
Finances Workplace has advised it could really be someday later within the
June.

Even when the CBO is right and US authorities runs out of cash later
within the month of June, markets are nonetheless targeted on Thursday, June 1
as a crucial date.  If a deal shouldn’t be reached by then, we must always count on
way more market turbulence as traders reassess their danger and
reallocate their capital in gentle of this new unsure terrain.

A helpful astrological perspective on this example considers the
Inauguration horoscope of President Joe Biden.  The Inauguration chart
for Jan 20, 2021 displays the ups and downs of his each administration
and the nation in line with the dominant transit influences at any
given time.  At present, we are able to simply see why stress ranges are little question
rising within the White Home.  Transiting Mars is now reverse the tenth
home alignment of the Solar (6 Capricorn), Saturn (9 Cap) and Jupiter (13
Cap).  Since Mars is the planet of frustration, battle and anger, it
isn’t a surprise that negotiations between Joe Biden and GOP Speaker
Kevin McCarthy haven’t proven a lot progress.  In latest days, Mars (6
Most cancers) was precisely reverse the natal Solar and transiting Pluto at 6
Capricorn.  Mars (battle) was in a tense alignment with the Solar
(authorities, leaders) and Pluto (energy, coercion).

By subsequent Thursday, Mars can be carefully reverse Saturn (establishments,
custom) and Jupiter (justice, prosperity).  On the face of it, this
shouldn’t be an excellent mixture for a last-minute debt ceiling deal earlier than
June 1.  One would possibly assume that we merely have to attend till Mars is previous
its actual opposition with Jupiter on June 2 for a deal to be struck to
avert a default.  That view really makes good sense however the place
of Saturn raises questions concerning the presence of a extra vital
impediment.

Transiting Saturn (12 Aquarius) is now casting its full-strength third
home/60 diploma facet to the Mars-Uranus conjunction within the
Inauguration chart.  This can be a very traumatic mixture that implies a
protracted interval of battle and frustration.  Since Mars-Uranus additionally
carries a navy and violent symbolism, there’s a larger danger of some
noteworthy navy actions going down within the coming weeks.  The
Saturn transit is especially troublesome right here since it’s slowing down
forward of its retrograde station on June 17.  Which means its
alignment with Mars and Uranus can be prolonged for a number of weeks
by means of your entire month of June and even into July.

In actual fact, stress ranges are more likely to rise additional subsequent week since
transiting Mars (12 Most cancers) will facet Saturn (12 Aquarius) by its most
malefic eighth home/210 diploma facet.  On this means, the Mars-Saturn
facet will activate the Mars-Uranus conjunction and the natal Jupiter
on the similar time.

What may this imply?  If it have been solely Mars afflicting planets within the
natal chart, we might count on the standard eleventh hour deal earlier than any
severe injury is completed.  However the presence of Saturn right here additionally suggests
this example could possibly be extra severe.  If Mars is the set off, It may
nonetheless resolve pretty rapidly after June 2, however the injury to nationwide
credibility could also be extra extreme.  Whereas an outright default appears
not possible, this double affliction by Mars and Saturn within the
Inauguration chart alerts us to the potential for the scenario getting
worse than many count on.

For extra particulars, try my weekly subscriber e-newsletter
which is printed each Sunday.   Along with reviewing the important thing
planetary and technical influences on US and Indian shares for the brief
and medium time period, I additionally present an astrological evaluation of potential
upcoming strikes in currencies, gold and oil.

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