The NYSE – when will the music stop ?

The NYSE – when will the music stop ?

The NYSE - when will the music stop ?
Presently, the New York based Stock exchange is up to this day still the conductor of the international monetary orchestra. Undoubtedly, the world economy has been moving for well over a hundred years to the tunes the New York exchange emits. Much of what defines America and its economic success over the last century has had its origin here at the “Wall Street band shell”. Many people who became interested in astrology have tried their luck in predicting the course of the Wall Street generated indices. The idea is enticing and I guess anybody who attained some astrological knowledge had their try and temptation to find a formula to predict markets. The chart of the exchange is no big secret and can be found in almost any horoscope collection. It is most likely one of the most looked at and examined charts in the world. The present state of the stock market is for many a conundrum – inflated, seemingly ever rising stock prices paint a quite different picture to what “main street” America is currently experiencing. Unprecedented high unemployment rates, a collapsing consumer appetite, lack of money, and skyrocketing debt levels on all fronts (private, corporate and government) make it hard to believe that the prices for shares reflect the economic state and reality. Last week, I believe Elon Musk was reported to be worth 100 billion. Some analysts are forecasting a second crash this year, others believe the prices are only a part of a “melt-up,” instead of a threatened meltdown. In April I already published my interpretation of the market for late April, May, and June; and it basically unfolded as assumed. I still remember writing about it when the market was down – really down – with all the Covid news and nobody dared to believe that it would recover, and I wrote that it would mildly recover and stabilize by the end of May to the beginning of June. As we know by now, it even did better. So, I dare to give it another shot. In April, my prediction was that the NYSE had entered a value favoring Jupiter-Uranus phase starting around 24.04.2020. Like with all those phases, they are not necessarily a digital process, one day bad and the next day everything is good. The start date usually marks a turning point and then towards the middle of the phase ……