REVIEW AND PREVIEW
Treasury Secretary Janet Yellen said she was hopeful that the administration’s infrastructure package would be approved soon while saying she does not believe it will add to the inflation problems the U.S. has been experiencing. “It will boost the economy’s potential to grow, the economy’s supply potential, which tends to push inflation down, not up,” Yellen said. – Jesse Pound, Yun Lei, “Stocks Close at Record Highs, Market Notches Best Month of the Year Despite Big Tech Earnings Misses,” www.cnbc.com, October 29, 2021.
ECB President Christine Lagarde’s failure during a Thursday press conference to push back against market expectations of higher interest rates has brought out bears, with Danske Bank strategists expecting the euro to fall to $1.10 over the next 12 months. – “Dollar Climbs as Inflation Builds Case for Higher Rates,” Reuters, October 29, 2021.
Most world stock indices started strong last week, topping out by Tuesday, October 26, and then pulled back into Thursday-Friday. However, some indices rallied again and made new all-time highs on Friday, and now we start a new highly charged geocosmc time band.
In Asia and the Pacific Rim, rallies into Tuesday, October 26, were noted in Australia, China, Hong Kong, and Japan. Each then declined into Friday. These rallies were only secondary highs and not new all-time highs. The declines so far have been corrective, except in the case of China, which was more severe. India’s Nifty index topped out the prior week, October 19, and by Friday, October 29, they were making new 3-week lows.
In Europe, the Netherlands AEX made another new all-time high on October 26 and the London FTSE made a new post-pandemic crash high then as well. Germany’s DAX posted a secondary high that day and the Zurich SMI had a secondary rally into October 28. But most declined into Friday as Europe now contends with the possibility of a weaker currency, making their equity markets slightly less desirable against other currencies.
The benefit of the weaker Euro was the Dollar and dollar-based equities. In the U.S., all three major indices we track made new all-time highs, with the DJIA accomplishing the feat on October 26, the S&P and NASDAQ on Friday, October 29.
In other markets, the sudden decline in the Euro and strength in the U.S. Dollar caused Gold and Silver to selloff on Friday after posting multi-week highs one week ago on October 22. Crude Oil made a new multi-year high last Monday, October 25, then paused in a $5.00 range the rest of the week. Bitcoin posted its all-time high on the full moon the prior week, October 20, then gave back nearly 14% on its decline into October 28. Ethereum, on the other hand, soared to a new all-time high of 4460 on Friday, October 29.
SHORT-TERM GEOCOSMICS AND LONGER-TERM THOUGHTS
“The alternative to what is being negotiated is not the original package. It is nothing,” said White House press secretary Jen Psaki, warning lawmakers not to “let the perfect be the enemy of the historic.” – Andrew Duehren and Natalie Andrews, “Democrats Struggle for Unity on Spending Bill,” Wall Street Journal, October 27, 2021.
One reason the stock market is still rallying in the U.S. is because almost everyone expects that a historic spending bill being worked on by Congress will eventually pass. The fact that the size of the bill being proposed has now been cut in half is a sign that legislatures may actually be making an effort to scrutinize the proposal, target more of the real needs of society, and assig spending that is more efficient and not just “big.” With Jupiter in the humanitarian sign of Aquarius, and soon to enter into the socially charitable and compassionate sign of Pisces on December 28-29, 2021 through May 10, 2022, it seems very likely that a bill of this nature will eventually pass.
It may not be as big as originally projected, but it will still be the biggest spending bill in history. And the fact that those who demanded a bigger spending package are willing to compromise bodes well for the early stages of the Jupiter/Saturn cycle, which historically is most successful when compromises – middle-ground – policies are adopted. Jupiter and Saturn do not function very well under extremist demands, which of course is the nature of Saturn square Uranus, also still in effect through December 24, 2021.
Yet, the measures being negotiated still haven’t been passed, despite many deadlines that have come and gone. New deadlines could meet the same fate, for the next three weeks find several hard aspects involving Uranus. Starting this weekend, both the Sun and Mars will form a fixed T-square with the Saturn/Uranus square through November 17. These aspects suggest a struggle to find common ground, for Uranus is anything but “common ground.” It is more likely to witness sudden new proposals that could take the discussion even further away from consensus. Uranus represents the principle of original thought and inventions, but oftentimes ideas may be viewed as too radical and over-the-top. Under Uranus, ideas can be ahead of their time, but if not handled with sensitivity, it could result in fierce disruptions, even revolt, within the discussions.
In terms of mundane matters, this period can correspond to earthquakes, high winds, and electrical failures, cyber attacks, and terrorist threats, especially as Mars makes its opposition to Uranus on November 17. On the positive side, it can also be a time of great inspiration. But for the most part, it does not favor an easy consensus. In terms of financial market behavior, it usually corresponds to sharp price swings and volatility. Things that were expected suddenly get derailed, and financial markets react strongly.
So, how should one deal with these next three weeks? The first suggestion is to try and be timely and meet deadlines before their due date. The second is to have a backup plan in case of delays or sudden disruptions that interrupt momentum.
With the Sun and Mars in a square aspect to Saturn now through November 17, the longer one waits to complete a project, the more stress that builds, and then there is great pressure to cram something together. With the Sun and Mars in opposition to Uranus, the more new ideas that are added at the last minute, the more likely they are to be rejected. One may also find that someone has come up with new ideas that do not fit with the work others have been doing, and this is not conforming with the assignment as agreed upon. Now everything seems to be falling apart and there is no time to entertain these new ideas effectively. If you are in this kind of a situation, it may be up to you to monitor those you are working with and make sure they stay on message with the objectives that have been established. Someone going off the rails affects everyone who is trying to stay the course.
This sounds a lot like what Congress and the White House are going through. It is probably not the best time for the President to take an overseas trip as the demands of the office require his presence to keep everything on track. He probably has no idea what is going on behind the scenes in his absence. It’s going to be a challenge for the President to hold everyone together these next three weeks from a distance (let alone himself). Furthermore, it would not be a surprise to see other matters encountered that are unexpected while on this trip. It just happens that Uranus is transiting President Biden’s natal Mars now, and during this period, he will also have his Mars return. Does this sound like he is prepared for what awaits him?
Good judgement and timing are often a problem under these types of cosmic arrangements. At a time when agreements are sought and compromises are necessary to advance social and economic programs forward for the “common good,” Mars and Uranus seem to usher in mavericks who may be out of touch with the “common good.” They may have a different agenda that has more to do with their “own good.” And that is not good.
Well, it may be good for Gold.
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The discount on subscription reports is even more valuable. You can save 10% on any subscription or renewal of a subscription report of $275+ with the purchase of Forecast 2022. For instance, a one-year subscription to the daily report will save you $360! A one-year subscription to the weekly report will save you $165. And a yearly subscription to the daily + weekly Bitcoin report will save you $150. Use coupon code SALE2022 at checkout to receive the subscription discount. Click here for more information about how to save during the ANNUAL FORECAST PRE-ORDER EVENT. As a BONUS, all those who pre-order Forecast 2022 before November 1st will receive an early released chapter from Forecast 2022.
This year we are again pleased to announce the publication of our Trends for the Twelve Signs 2022 Book, which will include the individual Sun Signs forecasts. This very popular book on the annual outlook for each sign is written by Antonia Langsdorf-Merriman and Raymond Merriman. We will follow a format this year where Langsdorf will cover the health and relationships outlook and Merriman will cover the business, career and overall psychological outlook of each sign for the year. The cost of this book will be $25. Save $10 by purchasing both Forecast 2022 and Trends for the Twelve Signs 2022 together, Forecast 2022 Ultimate Bundle for $60.
This year’s printed and e-Book versions of Forecast 2022 will also be available in these languages:
NOTE 2: THE NEW MERRIMAN ON MARKET CYCLES: THE BASICS book is out! The print and eBook versions are available! The first edition of print books is nearly sold out! This new edition contains the most comprehensive and modern listing of 175 long-, intermediate-, and short-term financial cycles in over 40 financial, currency, and commodity markets available anywhere! The book is a clearly written text on the MMA methodology for determining cycles periodicities and recognizing patterns within those cycles. It is a 72-page basic book for those who want to improve their timing skills by integrating cycles analysis with technical studies. It is a glossy softcover, 8-1/2” x 11” with illustrations to demonstrate the correct way to count cycle lengths, identify their phases with instruction on the trading strategies used to successfully trade each phase. The cost of the new version is $35. Order your copy now by clicking here.
NOTE 3: THE ADDENDUM TO MONTHLY MMA CYCLES REPORT WAS ISSUED LAST WEEK! This is the mid-month option to the MMA Monthly Cycles Report by Pouyan Zolfagarnia. This is for subscribers of that report only and will be issued as a complimentary addendum through December, after which there will be a charge of $95/year (or $45/three months, or $20/issue) to continue to receive it as an addendum to MMA Monthly Cycles Report. The second pilot of this addendum that went out has also received rave reviews. It has very attractive graphics, is clearly written with a little more emphasis on geocosmics (including charts) and is basically an excellent and not-so-technical update of the MMA Monthly Cycles Report. If you wish to receive a copy of this visually and analytically excellent report, you can simply sign up for a one-month subscription to MMA Monthly Cycles Report and you will also receive both the monthly cycles report and this mid-term addendum. As mentioned, this report will be delivered at no cost to subscribers of MMA Cycles through December 2021. To order click here.
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January 14, 2022: Zurich, Switzerland: Trends for 2022, sponsored by AstroData, and featuring Claude Weiss, Alexandra Klinghammer, Monica Kissling, Verena Bachman, Antonia Langsdorf, Raymond Merriman and others. This special event will be given online due to COVID-19 meeting restrictions that have been implemented in Zurich at the present time. For more information, contact AstroData at www.astrodata.com.
Disclaimer and statement of purpose: The purpose of this column is not to forecast the future movement of various financial markets. However, that is the purpose of the MMA (Merriman Market Analyst) subscription services. This column is not a subscription service. It is a free service, except in those cases where a fee may be assessed to cover the cost of translating this column from English into a non-English language. This weekly report is written with the intent to educate the reader on the relationship between astrological factors and collective human activities as they are happening. In this regard, this report will often cite what happened in various stock and financial markets throughout the world in the past week and discuss that movement in light of the geocosmic signatures that were in effect. It will then identify the geocosmic factors that will be in effect in the next week, or even month, or even years, and the author’s understanding of how these signatures may affect human activity in the times to come. The author (Merriman) will do this from the perspective of a cycles’ analyst looking at the military, political, economic, and even financial markets of the world. It is possible that some forecasts will be made based on these factors. However, the primary goal is to both educate and alert the reader as to the psychological climate we are in from an astrological perspective. The hope is that it will help the reader understand the psychological dynamics that underlie (or coincide with) the news events and their potential effect on financial markets.
No guarantee as to the accuracy of this report is being made here. Any decisions in financial markets are solely the responsibility of the reader, and neither the author nor the publishers of this column assume any responsibility whatsoever for anyone’s trading or investment decisions. Readers of this report should understand that commodity futures and options trading are considered high risk.