MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING AUGUST 2, 2021 ©

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The U.S. economy rose at a disappointing rate in the second quarter, the Commerce Department reported Thursday in a sign that the U.S. has escaped the shackles of the Covid-19 pandemic but still has more work to do. Gross domestic product, a measure of all goods and services produced during the April-to-June period, accelerated 6.5% on an annualized basis. That was slightly better than the 6.3% gain in the first quarter, which was revised down narrowly.– Jeff Cox, “U.S. GDP rose 6.5% last quarter, well below expectations,” www.cnbc.com, July 29, 2021.

It was another week of global divergences unfolding under the non-conventional and non-conforming character of Saturn square Uranus. Some world stock indices soared to new all-time highs last week while others crashed support, falling to multi-month lows. It’s not a level playing field, and that is probably just fine with Uranus, which gravitates towards the chaotic, but disturbing to Saturn, which prefers controls and predictability, and for everything to be in alignment. The latter is more rigid, and the former strays from “normal.” And all of the earth and its regions are not presently in alignment or agreement. There is a sense that things are going astray. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JULY 26, 2021 ©

NOTE: I am on vacation this week, enjoying the beautiful seacoast of Croatia and Dubrovnik in particular. What a stunning and surprising part of the world! The pleasure of this vacation has been tempered considerably with the news of the devastating floods near Cologne, which is where we were just before leaving for Dubrovnik. Yet I am very moved by how many of our friends and relatives are volunteering to help the rescue effort of those who are suffering from loss of home and loved ones as a result of this natural disaster.

As a result of my week off, I have no column to present this week. However, with the Forecast 2022 pre-order season coming up in August, we share with you the “Scorecard” from Forecast 2021 as it stands so far this year. Forecast 2021 may have been the most accurate of all the Forecast Books written so far (40 years). Our research, and that of our MMTA students, continues adding to the great body of knowledge in the study of market cycles and their correlation with planetary cycles.

FORECAST 2021 (SCORECARD AS OF JULY 21, 2021

Every year gets better and better with our forecasts. Although 2021 is not yet over, several forecasts made in the 2021 book have already unfolded. We will list a few of the forecasts below as of July 21. Keep in mind these forecasts were written in October-November 2020, and published December 2020, well before 2021 got underway.  Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JULY 19, 2021 ©

NOTE: I will be on vacation next week, so there will be no weekly column issued for July 26. We will likely post a chapter from the Forecast 2021 book. 

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Congress is barreling toward a summer battle over spending levels as Democrats rush to craft a pair of spending bills while simultaneously addressing the debt ceiling to keep the U.S. from defaulting on its financial obligations… While testifying before Congress, Treasury Secretary Janet Yellen urged lawmakers to address the looming debt ceiling. “Defaulting on the national debt should be regarded as unthinkable. Failing to increase the debt limit would have absolutely catastrophic economic consequences,” Yellen said. – Megan Henney, “What Is the Debt Ceiling?” www.foxbusiness.com, July 13, 2021.

Except that the U.S. came very close to doing just that (Janet Yellen quote above) in 2010, which led to the first downgrade of the U.S. credit rating in history. That just happened to be in the previous quarter cycle phase of the 45-year Saturn/Uranus cycle. The quarter cycle happens about every 11.25 years. Here we are again, February 17-December 24, 2021. The quarter cycle before that was interesting too. It was in 1999-2000, coincident with an all-time high in the U.S. stock market that was followed by the dot-com bubble burst and another serious  recession. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JULY 12, 2021 ©

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The Mars/Venus T-square to Saturn and Uranus coincided with a wild ride last week, as expected. Global equity markets got whacked until Friday’s recovery in the U.S. wiped all of its losses in just one day and ended up making a new cycle high. With Uranus, the keywords for financial markets are erratic, disruptive, sudden, and unexpected. Uranus is the higher octave of Mercury, and like the Trickster, its momentum can change abruptly. The major difference is that with Uranus, the price swings are usually much steeper than those exhibited under Mercury retrograde. Mercury might fall off a hill. Uranus falls off a cliff. Mercury might land on a trampoline and bounce halfway back up. Uranus will be more like a bungee cord that falls harder and then bounces all the way back up – and more. Mercury might be miscommunication and misunderstanding. Uranus is more of a revolt and revolution. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JULY 5, 2021 ©

NOTE: Financial markets are closed in the U.S. on Monday, July 5, in observance of the Independence Day holiday. 

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Nonfarm payrolls increased 850,000 for the month, compared to the Dow Jones estimate of 706,000 and better than the upwardly revised 583,000 in May. The unemployment rate, however, rose to 5.9% against the 5.6% expectation. The jobless rate increase came even though the labor force participation rate was unchanged at 61.6%. A separate figure that accounts for discouraged workers and those holding part-time jobs for economic reasons fell sharply to 9.8%, with the 0.4 percentage point decline putting the so-called real unemployment rate below 10% for the first time since March 2020. Jeff Cox, “U.S. Adds 850,000 Jobs in June, Better than Expected,” www.cnbc.com, July 2, 2021.

This week should be a strong test for the U.S. and other global stock indices that have been rising. Of most importance is the transit of Mars in Leo, in opposition to Saturn in Aquarius and square to Uranus in Taurus. The first signature occurred late last week, on July 1. It has a whopping 82% historical correlation to primary cycle (crests or troughs) within 11 trading days. The Mars/Uranus square will occur July 4 and also has a powerful 76% correlation to primary cycles within 9 trading days. With Uranus, you often get sudden, unforeseen, reversals. With Saturn, there is usually an overabundance of stress and frustration. Mars is a fast-moving planet that packs a powerful punch to any event or attitude that is willing to act aggressively. In market-speak, this translates into days of high volume activity. Price are vulnerable to large swings in short periods of time. Often an event occurs, or an unexpected announcement is made that could drive traders to take aggressive action. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JUNE 28, 2021 ©

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The May personal consumption expenditures price index, an important inflation gauge for policymakers, rose 3.4% from a year ago, in line with Wall Street estimates. That was the biggest increase since 1992 and reflective of ongoing price pressures. – Jeff Cox, “Key Inflation Indicator Posts Biggest Year-Over-Year Gain in Nearly Three Decades,” June 25, 2021, www.cnbc.com.

It was the week of three planetary stations. That’s a big deal in Financial Astrology’s role as a market timing tool. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JUNE 21, 2021 ©

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Stocks fell on Friday, with the Dow Jones Industrial Average posting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected…. the Fed on Wednesday added two rate hikes to its 2023 forecast and increased its inflation projection for the year, putting pressure on stock prices. – Yun Li and Tamaya Macheel, “Dow Falls More Than 500 Points to Close Out Its Worst Week Since October,” www.cnbc.com, June 18, 2021.

It feels like something just shifted. It wouldn’t be surprising given that we just finished the second passage of Saturn square Uranus, which is symbolic of a giant shift. Did the earth just wobble?

With the Fed’s surprise announcement last Wednesday, June 16, and the resultant decline in many financial and commodity markets, it is very tempting to think an important high is in with stocks. It fits well with the study of cycles, where the time band for a 16-month cycle low is in effect for many global stock indices. It also fits very well with geocosmic studies, as last week witnessed the second passage of the Saturn/Uranus waning square on June 14. A number of stock indices put in new all-time highs around that geocosmic event last week, only to see much of their gains wiped out by Friday’s close. We are finally seeing the volatility suggested by the Saturn/Uranus square. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JUNE 14, 2021 ©

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Consumer prices for May accelerated at their fastest pace in nearly 13 years as inflation pressures continued to build in the U.S. economy. The consumer price index, which represents a basket including food, energy, groceries, housing costs and sales across a spectrum of goods, rose 5% from a year earlier. Economists surveyed by Dow Jones had been expecting a gain of 4.7%. The reading represented the biggest CPI gain since the 5.3% increase in August 2008, just before the financial crisis sent the U.S. spiraling into the worst recession since the Great Depression. – Jeff Cox, “Consumer Prices Jump 5% in May, Fastest Pace Since the Summer of 2008,” www.cnbc.com, June 10, 2021.

The Fed announced a new policy doctrine almost a year ago (that) it would no longer consider lags when making monetary policy, forsaking the policy of “pre-emption.” (The) Fed believe the party is just getting started and won’t remove the punchbowl until the fun is in full swing and the neighbors know it. The Fed’s new doctrine is a catalyst for heightened concern… The resulting U.S. Dollar weakness poses a host of dangers, including inflation risks… The scale of government spending and scope of government activity are unprecedented… The Fed should change its policy regime. It should not tolerate Fed-financed fiscal expansion. – Kevin Warsh (former member of the Federal Reserve Board), “The Fed’s Risky Fill-the- Punch-Bowl-Strategy,” Wall Street Journal, June 8, 2021.

We are right in the middle of Mercury retrograde and the second (of three) passage of the powerful Saturn/Uranus waning square, arguably the dominant and most important geocosmic event of 2021. World equity markets continue to exhibit cases of intermarket bearish divergence, which is typical of Mercury retrograde. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JUNE 7, 2021 ©

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Job creation disappointed again in May, with nonfarm payrolls up what normally would be considered a solid 559,000 but still short of lofty expectations, the Labor Department reported Friday. Payrolls were expected to increase by 671,000.– Jeff Cox, “Job Creation Accelerated in May but is Still Below Lofty Expectations,” www.cnbc.com, June 4, 2021.

President Biden painted a rosy picture of America’s economic rebound and claimed he beats all other presidents for job creation during their first three months in office. Biden, indeed, created the most jobs in his first three months than any other president — about 1.5 million — but that’s partly because the U.S. population is larger than in the past. When calculated as a percentage of the workforce, job growth under President Jimmy Carter increased more quickly from February through April 1977 than the same three months this year. –Marisa Schultz, “Biden Touts ‘Fastest Job Creation’ of any President in US History,”  www.foxbusiness.com, May 28, 2021.

Here we are again. The last instance of Saturn in waning square to Uranus was 45 years ago, in 1976-1977. We have pointed out the similarities between Joe Biden and Jimmy Carter, who was elected President in 1976 and started his term in January 1977. Correspondences exist in personality, correlations to their election-year cycles and geocosmics, and now with similar economic results after their first three months in office. You may also remember what happened afterwards. 1976-77 was the beginning of the huge surge in inflation that eventually led to stagflation for much of the next decade. Once again, our future may be held hostage to history, as noted by the correlation of planetary cycles to cycles in human activity. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING MAY 31, 2021 ©

PLEASE  NOTE: U.S. markets are closed on Monday, May 31, for the Memorial Day holiday 

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U.S. equity markets flirted with record highs Friday as President Biden unveiled his $6 trillion budget proposal. Biden’s proposed budget would fund massive social programs. It would result in a $1.8 trillion deficit. Elsewhere in the economy, core personal consumption expenditures, which exclude food and energy, jumped 0.7% month over month and 3.1% annually, which was the biggest reading in at least 28 years. The 1.2 percentage point annual increase from March was the largest since recordkeeping began in 1960. – Jonathan Garber, “Stocks Rally Despite Inflation Uptick, Biden’s $6T Budget,  www.foxbusiness.com, May 28, 2021.

The Jupiter-in-Pisces spending blowout begins to take shape now and investors still love the idea. And why not? More money in the economy means more money to spend on stocks – and commodities, Bitcoin, and houses. Inflating assets is one of the ways the government and central banks believe that debt levels can eventually be contained, and we should know if that belief is true or not in the next three years as Pluto rounds out its 15-year trek through Capricorn. Continue reading…