shares fell immediately as Fed Chair Jerome Powell hiked charges by 50 foundation
factors and reaffirmed his dedication to boost rates of interest even larger
in 2023 to be able to curb inflation. Even when traders had bid up
shares after Tuesday’s cooler-than-expected 7.1% CPI print, the Fed’s
goal for a better terminal charge subsequent yr was seen as hawkish. Whereas
shares suffered a modest loss immediately, bond yields and the greenback held
As famous in final week’s publish, bond yields look susceptible to a different
spherical of will increase, both on account of robust financial development or a
extra hawkish Fed devoted to taking charges above 5% subsequent yr. The
Saturn-Neptune alignment is pivotal on this respect as kinds necessary
alignments with the US Treasuries horoscope which makes larger bond
yields extra doubtless within the coming weeks. Within the present setting,
larger yields are unhealthy information for shares as they level in direction of extra
costly credit score which is able to finally weigh on financial exercise.
Shares are additionally susceptible to declines with the method of the
Saturn-Neptune alignment within the coming weeks. Extra instantly, there
is a risk of extra promoting within the wake of the Fed determination. Whereas
the Saturn-Neptune alignment is just two levels from precise, the extent
of its present affect is unclear. Normally, alignments between
slow-moving planets should be nearer to exert a stronger affect on
As a substitute, we will take a look at a reasonably bearish arrange for the remainder of this
week as Mercury aligns with Mars and Rahu (North Lunar Node). Extra
particularly, we will say that Mercury can be aspected by each Mars and
Rahu on Thursday and Friday. Mars (19 Taurus) casts its full-strength
210-degree, eighth home side to Mercury (18 Sagittarius), the planet of
commerce and buying and selling. Mercury can also be on the receiving finish of one other
dose of probably bearish power as Rahu (18 Aries) casts its
120-degree side inside one diploma. Whereas Mars-Mercury points are likely to
be bearish, Rahu-Mercury points are a bit extra combined, though with
some draw back danger. The truth that these two afflictions to Mercury
happen virtually concurrently is a purple flag.
However monetary astrology calls for we take a look at the entire image so as
to weigh the significance of all of the related influences. There’s a
probably offsetting affect in play this week given the
Solar-Venus/Jupiter-Chiron alignment. This alignment must be seen
having second tier energy, nonetheless, since there aren’t any direct points
concerned. As a substitute, the alignment is fashioned by means of angular separation.
Thus, the angular separation of the Solar and Venus (=13°16) is nearly
equal to the angular separation of Jupiter and Chiron (=12°22). Each of
these planetary pairs are considerably bullish and their resonance by means of
equal angular separation suggests some optimism. Nevertheless, we should always
notice that the faster-moving Solar-Venus pair (13°) has already moved
past the 12° Jupiter-Chiron separation. In truth, the angular
separation of those two pairs virtually matched precisely earlier within the week
when shares had been bullish. The truth that they’re separating now
suggests optimism may very well be diminishing simply because the pessimism and anxiousness
of the Mercury-Mars-Rahu alignment is growing. Thursday morning’s
Mars-Moon sq. additionally seems detrimental.
Proper now, I might be pretty skeptical concerning the prospects for a year-end Santa Claus rally.
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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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