Shares rise in anticipation of cooler CPI report

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(11 January 2023) Whereas rising client costs stay a significant concern for many of us, latest information means that inflation within the US and elsewhere could also be easing. After hitting a excessive of 9% in the summertime, inflation has trended decrease ever since, with November’s report exhibiting a 7.1% enhance.  Tomorrow’s CPI report for December can also be anticipated to increase the downtrend as consensus estimates at the moment are 6.5% for this report.  Shares have been rising this week in anticipation a decrease print, probably to a stage properly beneath expectations.

Because it occurs, tomorrow’s report will carefully coincide with the direct station of Mars, because the pink planet completes its retrograde cycle that started on October 30.  Usually, direct planetary stations are bullish influences, though this favourability could also be considerably diminished since Mars is a pure malefic planet.  And we must also word that shares have been bullish this week as bullish Jupiter (8 Pisces) has transited over the midpoint of Neptune (29 Aquarius) and Chiron (18 Pisces).  Different transits by faster-moving planets such because the Solar have highlighted this auspicious Jupiter affect as shares have been in rebound mode since their Christmas low.

Whereas I’m unsure precisely how tomorrow will unfold, I do suppose there may be rising draw back danger within the interval following this Mars direct station.  The primary downside is that Mercury (16 Sagittarius), the planet of buying and selling and commerce, shall be carefully aspected by Mars (14 Taurus) over the following a number of days.  This can be a full-strength, eighth home/210 diploma side of Mars that’s is more likely to produce tough outcomes associated to Mercury’s portfolio.  Since Mercury symbolizes all the pieces from computer systems, transportation and commerce, we ought to be on the alert for setbacks and frustrations in these areas.  Right this moment’s huge airline laptop outage within the US could also be an early manifestation of this unfavorable Mars-Mercury power.  Rahu’s 120-degree side to Mercury little doubt additionally performed an element in right this moment’s airline chaos.

Of particular word is that this side will final for much longer than regular because of each planets comparatively gradual speeds.  Not solely is Mars transferring extra slowly close to the time of its direct station, however Mercury can also be slower than regular because it approaches its personal direct station on Wednesday, January 18.  Whereas tomorrow’s Mars-Mercury side shall be fairly shut — simply two levels — the side will tighten additional subsequent week as Mercury stations at 14 Sagittarius.  Because the slower-moving Mars will nonetheless be transiting 14 Taurus, the side shall be nearly actual.

So even when we’ve got a decrease than anticipated inflation quantity tomorrow and the market rallies, it’ll quickly develop into extra weak to declines as Mercury comes underneath the total side of Mars.

For extra particulars, take a look at 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 quick and medium time period, I additionally present an astrological evaluation of potential upcoming strikes in currencies, gold and oil.

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

Picture credit score: Stephano Tilli