GOP fails to verify McCarthy as Speaker

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(4 January 2023)  Some shocking political drama is
unfolding in Washington, DC this week because the US Home of Representatives
has but to elect a Speaker.   Usually, this happens on January third when
the profitable occasion votes its Majority Chief to change into Speaker and
thereby turns into third in line to the presidency in response to the US
Structure.  Though the Republicans gained probably the most seats within the
midterm elections, their occasion can not choose who must be the subsequent
Speaker of the Home.

Kevin McCarthy is Majority Chief and was broadly anticipated to win the
largely procedural vote.   However the conservative wing within the GOP, the
Freedom Caucus, has refused to hitch the remainder of their fellow occasion
members in supporting McCarthy, deeming him too reasonable.  To date,
McCarthy has misplaced all six ballots over the previous two days and stays
about 10 votes in need of the mandatory 218 to safe the Speaker’s
chair.  Negotiations are ongoing to interrupt the unprecedented stalemate
with varied compromises recommended reminiscent of veteran GOP Congressman Steve
Scalise, or perhaps a attainable unity Speaker who would draw help from
each events.

Since we don’t know McCarthy’s beginning time, any observations I’d
have are very a lot of the “back-of-the-envelope” selection which can effectively
turn into flawed. Since we don’t know the time of the beginning, we
don’t know his Ascendant and therefore not one of the home placements or home
rulerships of any of his planets.  And subsequently we additionally don’t know his
present main or minor dasha durations both, though it’s possible the
Saturn main dasha.

However we do know that his Scorpio Moon is his Chandra Lagna and it’s
at present receiving the useful facet from Jupiter in sidereal Pisces. 
That is positively a optimistic astrological asset for anybody to have
when in consideration for a brand new job.  However the present state of
uncertainty could also be because of the Saturn (28 Capricorn) alignment along with his
natal Rahu (28 Taurus).  Shut Saturn-Rahu points can coincide with
conditions the place constructions and traditions (Saturn) are known as into
query and authority is undermined (Rahu).

Nevertheless, there are some beneficial transits developing for McCarthy
over the weekend.  The Solar will conjoin his natal Venus (24 Sagittarius)
on Sunday on the similar time that Venus will conjoin his natal Solar (13
Capricorn).  These are each optimistic influences that recommend some variety
of serious aid and even perhaps pleasure, though I ponder what different
situations may emerge whereby McCarthy is glad given these Solar and
Venus transits however he doesn’t change into Speaker.  Effectively, DC politics is difficult
to determine at the very best of occasions so maybe even when another GOP
institution candidate is discovered like Scalise, McCarthy may nonetheless
train appreciable affect over him.  And but if McCarthy loses the
Speaker’s chair it will characterize an enormous defeat for him.  I’m undecided
the planets are sufficiently detrimental within the coming days for that sort
of starkly detrimental consequence.  And if he can maintain on till the weekend,
then his probabilities would enhance considerably.

But when the Speaker is set this week, then possibly McCarthy is extra
prone to lose. Scalise’s chart really appears pretty good for early
January, though it is usually missing a time of beginning. Given the
uncertainty within the beginning information, I wouldn’t be shocked by any consequence in
this stalemate.  However I might be much less shocked if McCarthy is
finally named Speaker.

Weekly Market Forecast

US shares have been combined to start out the New Yr, though they closed
larger immediately.  The positive aspects weren’t sudden given among the optimistic
transits such because the Venus-Jupiter alignment.

We are able to additionally spot some lesser bullish transits which may increase
sentiment for some time longer right here.  These are four-planet alignments
primarily based on angular separations involving benefics reminiscent of Jupiter.  So
moreover immediately’s Venus-Jupiter 90 diploma alignment, there was additionally
Mercury-Venus alignment (=11 levels) which carefully matched the present
angular separation of Jupiter and Chiron (=10 levels).  Whereas these are
not full-strength points, they nonetheless type part of the general
planetary puzzle.

Additional upside can also be not unimaginable within the coming days since
tomorrow’s Mercury-Pluto separation (= 9 levels) will equal the
Jupiter-Neptune separation.  The probability of additional positive aspects may additionally be
seen in the truth that the Jupiter-Neptune separation (=9/10 levels)
will equal that of Jupiter-Chiron subsequent week.  Whereas this doesn’t
assure additional positive aspects, it nonetheless may stave off the worst
results of the Saturn-Neptune alignment that’s precise this coming Friday
(Jan 6). This 9/10 diploma separation will likely be replicated by different pairs
of faster-moving planets subsequent week, e.g. Monday’s Solar-Pluto pairing.

For extra particulars, try my weekly subscriber publication
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.

These updates are often posted midweek.  You may be notified of recent posts by following me on Twitter.