MMA Weekly Column: August 3, 2020

REVIEW AND PREVIEW

The government reported Thursday that U.S. economy shrank at a dizzying 32.9% annual rate in the April-June quarter, by far the worst quarterly plunge ever, as the coronavirus outbreak shut down businesses, threw tens of millions out of work and sent unemployment surging to 14.7%. – The Associated Press, “Trump Floats Election ‘Delay’ Amid Claims of Voting Fraud,” www.foxbusiness.com, July 30, 2020.

Yes, some pollsters were off four years ago, but that merely confirms that polls (and pundits) are fallible, not that they are always wrong and should be ignored. Jason L. Riley, “It’s Getting Late Early for the Trump Re-Election Effort,” Wall Street Journal, July 30, 2020.

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Annual Forecast Pre-Order Event

Forecast 2021

 

Our Annual Forecast Pre-Order Event will run from August 10- October 31. During this time, clients are able to pre-order Forecast 2021 at the discounted price of $45. Along with the purchase of Forecast 2021, clients may also save 10% on any subscription ($275+) with the purchase of the Forecast Book by using code SALE2021 at check out. Forecast 2021 will be available as both a print and eBook and will be released in mid-December.

If this is your first Forecast season with us, welcome! If you have been ordering the Forecast Book for years, welcome back and thank you for your continued support. This is our favorite, and most busy, time of year. As we do every year, please start this Forecast season by reading our Forecast 2020 Scorecard to see how we did last year.  We will continue to update the scorecard throughout 2020.

Our preliminary outlook is that 2021 will be another very important year with the long-term Saturn/Uranus square aspect taking place. There will be changes this year, as every Forecast Book since 2010 has grown larger and larger and has taken more and more research and time to write. From a book size of 150-160 pages, it has steadily grown to over 250 pages. The results have been impressive, but it was a challenge last year to complete the book on time. This year we will cut back on some features in order to finish in a timely manner. One of the sections that will not be included in this year’s annual Forecast Book will be the 32-36 page section on individual Sun Signs. That will save Raymond about two-weeks of work that can be used to write the main body of the book that addresses the outlook for the national and global, political, economic, and financial markets.

We are publishing an individual book dedicated to the yearly trends for the twelve individual signs. The book, Trends for the Twelve Signs 2021, will be written by Antonia Langsdorf-Merriman and Raymond Merriman. Antonia has written an annual Sun Sign book in German for the past several years, based on interviews conducted with Raymond beforehand. We will follow that same format for Trends for the Twelve Signs 2021, where Antonia will interview Raymond on the career, health, and relationship outlook of each sun sign for the year ahead.

We do offer discounts to our Forecast Fan Club members and our Active Subscriber Club members. Check out our page on Forecast 2021 Club Levels to learn more about these discounts. We are always available to answer any of your Forecast questions via email at CustomerService@mmacycles.com. We created a list of our most common FAQs to help this Forecast season.

We are looking forward to another exciting Forecast season together!

 

 

 

Forecast 2020 Scorecard- As of September 21, 2020

Although 2020 is not yet over, several forecasts made in the 2020 book have already unfolded. We will list a few of the forecasts below as of September 21, 2020 and the list will be updated Events and Articles. Keep in mind these forecasts were written in October-November 2019, and published December 1, 2019, well before 2020 got underway.

ECONOMIC AND MARKET FORECASTS FOR 2020 (made prior to December 1, 2019)

The U.S. Stock Market and DJIA: “… the crest of this first 15.5-month cycle tops out before April, then declines into a low before October, then has another rally that tests or makes a new all-tike high in the second phase. As far as an upside target, two others at 29,663 +/- 938 and 33,293 +/- 2115 are developing. Additionally, with Jupiter in Capricorn, along with Saturn and Pluto, the path to higher highs is likely to be difficult than experienced in 2019 when Jupiter was in Sagittarius… The Jupiter/Saturn conjunction of December 21, 2020 argues for the high to be within five months of December 2020.” The all-time in the DJIA occurred on February 12, 2020 at 29,568. It then dropped 38% into its low as of this writing on March 23. U.S. stocks then embarked upon another major rally, and as of this writing, the NASDAQ and S&P have made new all-time highs the first week of September, in an MMA 3—star critical reversal date time band.

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MMA Weekly Column: July 27, 2020

REVIEW AND PREVIEW

Silver prices just made their biggest weekly advance since the 2008 collapse of Lehman Brothers, but the run-up has been largely eclipsed by smaller gains in gold prices. The less-valuable metal climbed 20 percent over the past week to $23 an ounce, an increase of more than 94 percent from its bottom below $12 in March. – Jonathan Garber, “Silver Prices Poised to Outshine Gold,” www.foxbusiness.com, July 24, 2020.

So the default is to proceed on the notion that the way to hold the White House and Senate this fall is to join Democrats in a spendathon. In fact, conservative voters are increasingly unhappy about the lasting damage Washington’s aid bills are doing to both the balance sheet and the underpinnings of the private economy…The mystery is who in the White House keeps deputizing Mr. Mnuchin as lead congressional envoy, given Mrs. Pelosi’s flawless record of schooling him in the art of the deal. Kimberly A. Strassel, “The Mnuchin Follies,” Wall Street Journal, July 24, 2020.

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MMA Weekly Column: July 20, 2020

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The U.S. reported 77,200 coronavirus cases on Thursday, a record, according to Johns Hopkins University. That spike brought the total number of confirmed U.S. infections to more than 3.57 million. Covid-related deaths are up to more than 138,000. “There’s definitely a sense of nervousness in the market,” said one trader. – Fred Imbert, www.cnbc.com, July 17, 2020.

The bigger economic danger by far posed by the pandemic debt is that it will remain precisely that – debt. The U.S. thus finds itself stuck in a debt trap, alongside the rest of the world. Economists at the Bank for International Settlements coined that term to describe a situation in which prolonged low interest rates induce the accumulation of so much unproductive government and private debt that to raise taxes would risk a catastrophic financial system or fiscal crisis. –Joseph C. Sternberg, “The Covid Fiscal Crisis is About Debt and Taxes,” Wall Street Journal, July 16, 2020.

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MMA Weekly Column: July 13, 2020

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In the midst of a record second-quarter rally, (Jeffrey) Gundlach told Yahoo Finance that Wall Street’s recent out performance in the face of surging coronavirus infections was actually driven by what he dubs the “Super 6,” which consists of Facebook (FB), Amazon (AMZN), Apple (AAPL), Alphabet (GOOGL), Netflix (NFLX), and Microsoft (MSFT). “Without the Super 6, there is no earnings growth in the United States stock market. There isn’t any for the past five years. If you take them out, there’s nothing,” Gundlach added. He estimated that earnings in the stock market were the equivalent to where they were in 2016, when the market was a third lower. “So, the fundamentals are completely out of sync with how the market has been manipulated.” – Julia LaRoche, “Why the Dollar and the Tech Rally are ‘Real Risks’ to Investors,” Yahoo Finance, July 6, 2020.

Confidence builds that the country’s economy is shaking off the coronavirus pandemic. The optimism has spurred mainland Chinese stocks to multiyear highs, with the Shanghai Composite rising 16.5% over eight straight sessions of gains through Thursday. – Chong Koh Ping, Xie Yu, and Joanne Chiu, “China Cautions Investors About Market Exuberance,” Wall Street Journal, July 10, 2020.

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MMA Weekly Column: July 6, 2020

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The U.S. economy created a better-than-expected 4.8 million jobs in June as states gradually eased coronavirus restrictions, allowing more businesses to reopen and rehire idled workers. It marked the second consecutive month of growth in the millions, indicating a continued improvement in the nation’s stressed labor market as business activity resumed. The unemployment rate dropped to 11.1 percent, down from 13.3 percent in May. A separate report on Thursday showed that another 1.43 million Americans filed for jobless aid last week, indicating that layoffs are continuing to mount. – Megan Henney, “U.S. Economy Created 4.8M Jobs last Month,” https://www.foxbusiness.com/ July 2, 2020.

Unemployment is likely to remain in double digits through year end and the economic downturn will be more severe than previously forecast, according to projections released Thursday by the Congressional Budget Office. The (jobless rate) is likely to remain above the pre-coronavirus pandemic level of about 3.5% through the end of the decade.– Kate Davidson, “CBO Downgrades Economic Forecast,” Wall Street Journal, July 3, 2020.

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MMA Weekly Column: June 29, 2020

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Stocks plunged Friday as a rebound in COVID-19 infections began to slow America’s reopening from economically wrenching lockdowns meant to curb the pandemic’s spread. The U.S., which has the most cases in the world, recorded an all-time high of about 40,000 new ones on Thursday after states and cities began allowing people back in stores, restaurants, and public gathering spots such as beaches. – James Langford, “Stocks Slide as Coronavirus Spike Slows US Reopening,” www.foxbusiness.com, June 26, 2020.

Stephen Roach, Yale University senior fellow and former Morgan Stanley Asia chairman, has a warning for U.S. dollar bulls. The prominent economist says that the era of the U.S. buck may be coming to an end and is forecasting a 35% decline soon in the U.S. currency against its major rivals, citing increases in the nation’s deficit and dwindling savings. (He) said that the rise of China and the decoupling of the U.S. from its trade partners is setting the stage for a dramatic weakening of the U.S. currency in the next few years that is likely to end the supremacy of the monetary unit as the world’s reserve currency.-Mark DeCambre, “The Dollar is Going to Fall Very, Very Sharply, Warns Prominent Yale Economist,” www.marketwatch.com, June 23, 2020.

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MMA Weekly Column: June 22, 2020

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Stocks finished Friday lower, after swinging wildly throughout the session due to technical factors. A number of headlines also raised concern about a resurgence in the coronavirus and a slowdown in the economy’s recovery… Apple said it’s reclosing a total of 11 stores in Florida, Arizona, South Carolina and North Carolina. – Fred Imbert and Yun Li, “S&P Ends Roller-Coaster Session Lower, But Ekes Out Gain for the Week,” www.cnbc.com, June 19, 2020.

Heliocentric Mercury was indeed at work early this week. This started June 16 and remains in effect through June 28. This one will be interesting because now Mercury’s geocentric position has turned retrograde (June 18-July 12). This could get wacky, or rather more whacky, because helio Mercury in Sagittarius is given to wild price swings and Mercury retrograde is given to… tricks and misdirection. It is a good time be a chiropractor, or at least know a good one.

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MMA Weekly Column: June 15, 2020

REVIEW AND PREVIEW

Federal Reserve officials signaled plans to keep interest rates near zero for years. They projected the
economy would contract anywhere between 4% and 10% this year. Mr. Powell played down the positive news from last week’s report that the economy unexpectedly added 2.5 million jobs in May. – Nick Timiraos, “Fed Plans to Keep Rates at Low Level for Years,” Wall Street Journal, June 11, 2020.

The Fed’s dour forecast, and fears over a resurgence in infections, sent stocks plunging on Thursday. The Dow Jones Industrial Average tanked 1,861 points, or 6.9 percent, the fourth-worst one-day point drop on record. – Megan Henney, “Fed Warns Economic Damage from Coronavirus Pandemic Could be
‘Quite Persistent.’ www.foxbusiness.com, June 12, 2020.

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