ASTRO FINANCE FOR AUGUST 2024

ASTRO-FINANCE in August 2024

Barry Rosen

For many years, it feels like the long-term economic forecasters have been right, but it seems to take a little longer than we feared. I remember there was talk of the oil money disappearing in 2020, and it finally happened last month, but the impact has not yet been devastating. Macro cycles have their own sense of time. This is true of the debt crisis and the neocon tensions with trying to eliminate Russia. We continue to move towards a difficult situation there. The latest example is the US threatening to deploy missiles in Germany and Russia stating that it will respond by deploying missiles 10 minutes later, suggesting a repeat of the Cuban Missile Crisis. The difference now is that we don’t have leadership. We are watching Mars transit the US natal Mars on the 7th of August-27th.^Number House.

Also, because economies love war, debt crises have happened in the past, like the US got out of the Great Depression in WWII. We have been worried about a fiscal crisis for years, and this lot takes time to explode, but as always, it takes longer than we think. A stock market crash is unlikely to happen (rather a major correction), but at some point the US will be forced to default on its national debt, which will cause the dollar to fall and create a major economic crisis. Still, Europe is in a worse situation. Countries that overspend on the Olympics are in trouble, and we saw it in Greece in 2004 and China in 2008, both of which created economic peaks. France had an economic crisis a few months before the Olympics, so we need to be careful. The next Summer Olympics will be held in Los Angeles, and I wonder how it will turn out.

This is an election year, so those in power will do everything they can to stick their fingers in the dike to stay in power, but 2024 is going to be a turning point in American history. How much time do we have? 2025 seems more problematic, and I have to assume they will do everything they can to make it look like everything is fine in an election year.

Last month I noted that Biden was unlikely to be on the nomination list, but that wasn’t a firm prediction. I’m not going to predict the outcome of the election just yet, because these situations are very complicated and there could still be drama, given how Washington works. Biden will be in the running for the 2020 presidential election on August 10th, when Mars will transit Saturn.^Number This year 7^Number The Malaka house will cause illness or something more dramatic and make one wonder if he will complete his term. In Kshema Vimshottari dasha, he has Moon in 6th so^Number In the house, he will be in Ketu/Venus period until July 2025 and Venus as the lord of 7 is the planet of maraka (death and illness).^NumberYour ruler and Ketu have a way of taking things away as we saw when they left your ticket, and we’re not sure if his issues have been resolved with Saturn retrograde until October 3rd.^rdThe normal Vimshottari dasha was Saturn/Saturn/Moon, which was not good as Saturn was in the maraka house and Moon was in the 6th house of illness and during the sub period of the Moon he underwent surgery for cerebral hemorrhage.

It’s easy to get caught up in the fear and division in the media, and the powers that be are trying to divide this country. No matter who wins in November, no one will accept the result, and the dollar and national bonds will fall as distrust in the stability of the United States continues. I don’t think they’ll give up on their AI dream, and here are four options:^Number Quarterly tech highs.

Saturn will form a 75% square with Jupiter on August 19th^Number And this aspect doesn’t happen very often because the movement of the two planets is very slow. It happens about every 7 years. This transit may limit your personal freedom, create restrictions, break your routine and cause excessive hard work. Saturn will challenge your finances and expansion, creating restlessness. It’s time to evaluate what has worked and what hasn’t worked in your life in the past 7 years. You may feel dissatisfied with your work. It may be better to wait for a month until the influence of these energies passes.

Saturn will be retrograde until October 3rd^rd And it often gives an edge in the markets and everything. It is weakened in D9/Navamsha chart on 19th August.^Number-October 3^rd Saturn will be in exact square (75%) with Jupiter on August 19th, which will increase anxiety in general.^Number This cycle is rare, but it occurs on the same day that Saturn opposes Venus, so we can expect some secondary stock market lows to occur before then. Venus in Virgo August 24^Number-September 18th^Number It usually has a deflationary effect and is not beneficial for many markets.

Mars is in planetary war with Jupiter from August 12-16^Number They are friends and there may be increased risk and risk taking, but be careful of reckless risk taking at this time, as this conjunction is usually not a good time for finances, investments, or sound money management.

If they push ahead with their anti-Russian policies, the stock market will eventually fall due to fears of war, but it won’t crash like 1987. The stock market dasha, dating back to its creation in 1792, suggests that the stock market could continue to rise until 2026. Of course, there will be a big correction due to fears of war and other issues. Rather, if the Russian front starts to advance further into Western Europe, European money will flow to the US next year. This has happened before. Government debt is 10 times larger than corporate debt, and corporations have assets to liquidate, but governments do not. Stocks may still seem like a safer investment than bonds.

The inflation cycle will continue to cause problems for the next 2-4 years, but recession energy is creeping in too. Neptune in Pisces is too strong for inflation, the Middle East is a powder keg, and even if the fear and reality of a recession keeps oil prices down until September, it’s not hard to deny $150 oil next year. I think we’ll eventually see a 70s-style stagflation. Major stocks are ignoring recession fears, and while they always exist, you need to know when to buy and choose carefully.

The long term cycle for the US indicates that Saturn entering Taurus between 2030 and 2032 and Rohini Nakshatra (10-23.20 Taurus) beginning in March 2031 will be a key juncture. This year, 2024, is pivotal in the 248 year cycle and the Pluto return, which is usually the peak of a civilization cycle. When past empires like Rome, China, and Britain went through their cycles, they did not perish, but they fell from world power. You can’t read the headlines or look at what’s happening in the US and not see this.

Uranus in Taurus last happened from May 31, 1940 to March 1, 1948. Of course, that was the beginning of Hitler’s major offensive and conquest of France and Belgium. It’s hard not to worry when you see many European countries starting to pass mandatory conscription at age 18 to prepare for World War III. Trillions of dollars of debt, government incompetence and staying in power can only be solved by starting a war. French President Macron has an approval rating of just 30%, but with European elections looming, what else can he do?

Saturn enters the US market 4^Number Saturn will be in Pisces from March 29, 2025 for two and a half years, which will trigger the second housing crisis since 2008-09. The crisis is intensifying due to rising home sales, high interest rates, mortgage companies offering no down payment deals and real estate agents making any kind of deal to boost sales. Saturn’s conjunction with Rahu will continue until April 2025, which is likely to increase anxiety around housing and mortgages.

Stock Market:

The stock market bottomed out on the day of the somewhat hawkish FOMC announcement. It is expected to rise on August 4-5, but^NumberMercury retrograde will reverse markets from August 7 onwards^Number Probably until August 16th. Typically markets are weak during Venus in Virgo debilitation periods, with September being the weakest market month seasonally, but it will take some X-factor/black swan event to counteract it. Seasonally, markets often start to rise from October, with tech stocks rising from Mercury in Virgo Sept 23-Oct 10.^NumberThere are 4^Number Tech stocks are set to hit quarterly highs. S&P is forecasting at least 5850, with a pullback expected to be above 5250. NVDA is just below its target of 100-1, will take a little longer, and predicts 152 by fall. Tesla could retest 188-193 this summer and still rise.

Gold and Silver:

Gold has been correcting in July and the correction should be over by August 4th.^NumberGold prices will rise from August 4th to 19th^Number However, it is unclear whether the upper target will reach 2550 or 2660 by then, or if it will happen after January next year. You can invest in gold with ETFs such as SLV, GLD and GDX (gold miners), which we will cover in our August 4th newsletter and watch entry.

Gold is expected to rise to as much as $2,800 by 2025 due to the crisis, ultimately driving up prices. Fortune Cast Newsletter.

Cryptocurrencies:

Market has approached minimum pullback target of 6400 and maximum of 60000 but still buy at mid-August highs. Resistance is at 71000 and 73411. Further resistance at 75378 heading into next week. No major pullback is expected and 70000 will likely hold. Saturn-Jupiter square will continue till August 16th^Number That will likely become the mainstream. More bullish patterns predict 88000 and 98125 in the long term. New research suggests the cycle high will continue until mid-August. Fund managers predict news of 200,000 Bitcoin by next year, but we’ve seen such bold claims before. Still, the larger cycle is good for 2026.

Bitcoin is in the Jupiter/Rahu period with the correct dasha (Adhana Vimshottari dasha) from August 2023 to 2026 and may weather the storm for some time.

Remember to work with a broker, trading and investing has to be done technically and astrology can help but should not be the only factor in making your decision, you need to buy low and sell high.

I will share my daily thoughts on the market and the stars.

As always, this is my snapshot as of July 31, 2024. New information arrives daily, so if you are a trader or investor, please consider the Fortucast newsletter, which is published daily. Click here for detailsA trial subscription is $97.00 per month.If you would like to learn Financial Astrology, please visit my website at www.appliedvedicastrology.com and click on the Financial Astrology link.

A new fall course on investment, business and financial astrology begins in September.

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About Barry Rosen: Barry Rosen has been teaching investment astrology classes since 1990, and in 2017 he began teaching specialty courses online in other aspects of Vedic astrology, including dashas, ​​transits, personal finance, health, longevity, death, nakshatras, spiritual aspects of Vedic astrology, house secrets, and relationships. His consultations focus on the emotional and mental patterns in your chart and how they affect your consciousness. The effects on your consciousness can create waves of illusion that hold you back. A good consultation should help you witness the play of karma, so that you are not trapped by it, but can transcend it to realize your divinity and become a commander rather than a victim of the planets. Barry Rosen also runs a blog on Facebook called Barry Rosen and Astro-Yoga, and his professional astrology website is www.appliedvedicastrology.com. To contact him, email support@appliedvedicastrology.com.