Beneath heavy Capricorn skies, it is suggested that the financial markets have made an irreparable tipping point. We glanced to the stars to move what could be ahead.
As astrologers, we’ve long evidenced and reported on boom-bust financial hertzs and their corresponding astrological trends.
But this time is different.
The shocking black swan plunge of the financial markets during the February 2020 coronavirus outbreak has us looking at a lesser-known Virgo economist, Hyman Minsky and “Minsky moment” astrology.
Minsky’s name generally surfaces when world markets suffer reversions, the greater of these eponymously termed a “Minsky moment.”
Investopedia defines this as “the onset of a market collapse brought on by the reckless speculative work that defines an unsustainable bullish period.[ It] defines the point in time where the rapid decline in market sentiment consequently should contribute to a market crash.”
In short-lived, a Minsky moment happens when the bubble bursts.
Who was Hyman Minsky and why does he matter in astrology?
Hyman Minsky( 1919 -9 6) was an economics prof whose beliefs on financial instability are extensively rejected for decades–until the 2008 subprime mortgage crisis aroused interest in his work.
He’s( unenviably) known as an expert on the economics of depressions–not the most popular discussion in our growth-at-all-costs culture.
Yet, to astrology admirers, it’s not astounding that a academic with Sun, moon, Mercury, Venus AND Saturn all in data-driven Virgo would have a long academic busines was engaged in precisely that.( And with a south node in money-minded Taurus and a north node in Scorpio, sovereign of investments, all the more so .)
Minsky proposed that economies are spurred into crisis when, during prospering terms, the companies and shoppers amass obligation they can’t pay off with their current income or receipt. This, in turn, forms a financial crisis.
Do we have your attention yet?
Why the stars matter now
This black swan event arose under a sky outstandingly heavy with planets in Capricorn, the ratify of their own economies, government and corporations. From February 16 to March 21, Mars, Jupiter, Saturn AND Pluto are all in the sphere of the Sea Goat, an intense and disruptive combination.
In our 2020 Horoscope guide, we be anticipated that such a monetary outlier could be triggered by the January 12 meetup of restrictive Saturn and foreboding Pluto, propelled farther by swelling Jupiter’s presence here.
Unfortunately, our outlook has come true.
Mid-February, the add-on of intensifier Taints intensified this trend and is willing to continue to do so until March 30.
The next day( March 21 ), Saturn will participate Aquarius, the sign of groups and society, returning disequilibrium and disharmony for us collectively. In classical astrology, Saturn is the original sovereign of Aquarius. Its modern lord, destabilizing Uranus, is in Taurus–the indicate of coin and the economy–from May 2018 until April 2026.
And there is more: Taints and Pluto will support courtroom on March 23 in Capricorn, which could prompt greatly upheaval. The month will end with the two malefics, Mars and Saturn, making a jarring conjunction in Aquarius on March 31.
The Ides of March indeed?
Why 2008 stuffs in astrology–both then and now
Minsky’s fiscal reversal presumptions based on debt became repopularized in 2008 when the subprime mortgage market collapsed.
As it is about to change, 2008 was a hugely substantial time for the economy in astrology too.
On November 26, 2008, Pluto began its 16 -year trek through Capricorn( its first visit here in over two centuries ), a round that will last through 2024.
This was two months after the stock market crash of September 29, 2008, a period when the Dow Jones Industrial Average immersed 777.68 parts( prior to 2020, the largest drop in history ). On October 2, 2008, President Bush ratified the $700 billion bank bailout money, also called the Emergency Economic Stabilization Act of 2008.
From December 2007 to June 2009, the U.S. lurched into a deep receding, with nearly 9 million jobs lost during 2008 and 2009.
In December 2008, as Pluto settled firmly into Capricorn, the Federal Reserve plunged Fed fund proportions to 0 percentage, the lowest level in biography. As 2008 purposed, the Dow was down almost 34 percent for the year.
And on December 19, 2008, President Bush announced a $13.4 billion disaster bailout for big-three automakers GM and Chrysler, to be paid by January 2009 — during the height of Capricorn season.
For context, Pluto was last in Capricorn in the 1700 s, when the United Nation gained its independence during the 27 th stage of Pluto’s 29 -degree journey through Capricorn.
Jupiter the gambler–ignoring the risks?
We’re likewise arising as a result of an astrological cycle, where Jupiter–the planet of lottery, emergence and risk–was in its dwelling indicate of Sagittarius. From November 8, 2018, to December 2, 2019, global Jupiter’s homecoming tour double-faced both our expansion and our starry-eyed optimism.
Astrologically speaking, gamble hostility would run low during Jupiter in Sagittarius cycles–and hope would move high.
This has happened during other historical periods, more. The early 1980 s recession that coincided with the last Saturn-Pluto conjunction( in Libra) officially ended in November 1982. On December 25, 1982, Jupiter arrived in Sagittarius like Santa Claus, abiding until January 1984.
In the first quarter of 1983, their own economies originated at a shockingly strong annual pace of eight. three percent. However, economists attributed this to “the rise of a abrupt, unsustainable buildup of the inventories of goods that businesses[ remained] in their plants and warehouses.”
Following the “boom” of Jupiter in Sagittarius is often the’ bust” of Jupiter in Capricorn, the mansion of its fall, or weakened position.
On December 2, 2019, Jupiter opened Capricorn for the first time since 2008. This Jupiter transit passed exactly ONE DAY after the first coronavirus case was detected in Wuhan, China.
Jupiter’s prior tour of Capricorn was from December 19, 2007, until January 5, 2009 — smack dab in the midst of the U.S. receding, mortgage crisis and bailouts.
On October 8, 2008, while Jupiter was at 13 grades Capricorn, The Federal Reserve, in conjunction with other world-wide central bank, reenacted an emergency interest rate cut of half a percentage point.
On March 3, 2020, as Jupiter contacted 19 severities Capricorn–its firstly trip to this sign since early 2009 — we learn the spooky reiterates of this twin transit, as the Federal Reserve took emergency action and chipped the benchmark U.S. interest rates by half a percentage point for the first time since then, hoping to limit the financial fallout of the coronavirus.
Hyman Minsky, blacknes swan economist?
Minsky’s sentiments were best is demonstrated by his Financial Instability Hypothesis. Its key point is that accumulating debt initiates a Butterfly Effect–much like a overwhelm Category 5 typhoon begins as tiny gales of wind in the east Atlantic Ocean.
In science-speak, the Butterfly Effect falls under the rubric of “non-linear dynamics, ” better known as Chaos Theory.
According to Chaos Theory, stability is an illusion. Small accomplishes become larger ones, leading to reversions and unintended consequences.
With no definitive result in sight for the slumping markets, it’s easy to see that our debt-laden lives–coined The Everything Bubble–are poised at the brink of a Minsky Moment, which could come with a engulf and hard-to-reverse business decline.
With Saturn entering the indicate of Aquarius from March 21 to July 1, it remains to be seen whether the Everything Bubble can be managed with the Water Bearer’s arrival. Saturn is the co-ruler of both Capricorn and Aquarius–doubling the forte and span of Saturn’s impact.
Aquarius is the sign of groups and society, and restrictive Saturn is already creating social duress, from canceled consultations like SXSW to travel restrictions to 16 million quarantined in Italy and clas district shutdowns. With many offices and plants shutting down and staffs forced to work remotely, we’ll continue to see the impact of Saturn restructuring our systems and supply chains.
“Minsky moment” astrology and prognosis
The Federal Reserve board of boss meeting on March 17 -1 8, 2020, a moment the moon, Mars, Jupiter, Saturn AND Pluto all in Capricorn. We predict that the Fed will lower interest rates another 50 basis degrees in an attempt to lessen the consequences of the the catastrophic selloff.
Negative interest rates appear likely by 2021, formerly Saturn agrees into Aquarius for its extended tour from December 17, 2020, through March 7, 2023.
The toll of the coronavirus on the world economy could render a full-blown bear market by September.
The U.S. economy will return from summer vacation 2020 and be responded with aggressive Disfigures turning retrograde in Aries from September 9 to November 13. This could make a bear market and a worsen slump as a byproduct of the coronavirus.
Consumers should prepare, at the least, for “shrinkflation”–when producers attempt to disguise inflation by reducing product size and weight.
Disclaimer: The above knowledge should not be considered professional monetary advice. All writings on this website are purely based on the authors’ opinions and are intended for entertainment roles only. Be consulted by a certified professional business advisor when considering any investment or fiscal decision.
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