If you've got even a passing interest in markets,
you'll know there is a pretty important meeting taking place later on today
among US central bank rate-setters, which will tomorrow result in a decision to
either hold interest rates or finally tighten policy. The decision is too close
to call. Investors are currently betting on a hold, while economists are split
down the middle and there are compelling arguments on both sides. So what is
the case for and against action? Sept. 16 http://www.theweek.co.uk/interest-rates/64116/interest-rates-the-case-for-and-against-a-fed-hike
The
article “Interest rates: the case for and
against a Fed hike” presents a technical evaluation of the case. But here
we are not interested in what the Fed does tomorrow but rather in the outcome
of whatever decision it takes. There are three important events taking place on
Sept. 17. The first is Saturn’s re-entry into Sagittarius, the second is
Mercury station retrograde and the third is a Jupiter-Neptune opposition.
Saturn,
the planet of contraction, is moving into Sagittarius the sign linked to
expansion and risk taking. The case made out for why interest rates should rise
is essentially that the US economy
"looks rosy" and "appears to have put the global financial
crisis behind it". This is far from the truth. Government figures on
unemployment and GDP cannot be relied upon. In case a rate hike takes place Saturn, the planet associated with a reality
check, will bring down the “house of cards”.
Most
astrologers are aware that decisions taken during Mercury retrograde turn out
to be problematic and quite often need to be revised. A chart for the Mercury
station at Washington, DC, has Mercury on the MC amidst stars of Corvus and the
Dragon. Mercury is conjunct the US Sibly radix Saturn and square radix Sun in
the 8th house connected with banks and interest rates. Among events connected to these stars Diana
Rosenberg lists “financial collapses”
writing:
“Dragons hoard riches and greedy Crows make
off with gleaming treasures: Uranus was here at the peak and beginning of the
collapse of Holland’s “Tulip mania” of 1634 when outrageously high prices were paid for
bulbs with disastrous consequences; and
one cycle of Uranus later at a 1720 Solar Eclipse, one month before the
collapse of the “South Sea Bubble” speculation mania that caused financial
disaster and a multitude of suicides”.
Finally,
we look at the chart of the exact Jupiter-Neptune opposition on Sept.17 and
note that it makes hard aspects to the MC implying that it is significant for
the place. Jupiter-Neptune is linked to unrealistic
expansion that finally lead to disaster. The Fed’s zero rates have led to
speculative bubbles on Wall Street that are likely to burst with a rate hike.
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