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Recession in USA and global economy

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Dear friends,

 

With the transits continuing bad into the first week of December the headlines on DrudgeReport.com reflect worries about the state of the US and global economy:

 

DECEMBER FREEZE... BAILOUT MONITOR DECRIES LACK OF COHERENT PLAN... PELOSI EYES $500B MORE... Data signal deep global downturn...Manufacturing hits 26-year low...Schwarzenegger declares fiscal emergency...Bush: 'I'm sorry' crisis is occurring...Oil plunges below $50...Treasury Yields Plunge to Lowest on Record...Bernanke: 'No comparison' to Great Depression...Bank stocks suffer biggest one-day decline since crisis began...

 

 

 

 

 

Bush: `I'm sorry' the economic crisis is occurring

 

 

 

 

 

 

 

 

Dec 1 02:52 PM US/EasternBy DEB RIECHMANNAssociated Press Writer

 

 

 

WASHINGTON (AP) - President George W. Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts and said he'll back more government intervention if needed to ease the recession.

<snip> The U.S. economy fell into a recession in December 2007, the National Bureau of Economic Research reported on Monday. Many economists believe the current downturn will last until the middle of 2009 and will be the most severe slump since the 1981-82 recession. http://www.breitbart.com/article.php?id=D94Q36RO0 & show_article=1

 

 

 

 

 

 

US manufacturing hits 26-year low: ISM

 

 

 

 

 

 

 

 

Dec 1 03:11 PM US/Eastern

US manufacturing slumped to a 26-year low in November, highlighting the abrupt

downturn in the world's biggest economy, a survey showed Monday.

The Institute of Supply Management said its manufacturing index slumped 2.7 points to

36.2 percent, far below the 50 percent level that separates expansion and contraction.

The level was the lowest since May 1982

http://www.breitbart.com/article.php?id=081201191102.3uw0pjyd & show_article=1

 

 

 

 

 

Bernanke: lower interest rates are 'feasible'

 

 

 

 

 

 

 

Dec 1 02:48 PM US/EasternBy JEANNINE AVERSAAP Economics Writer

 

 

 

WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year.

 

 

 

 

 

 

 

http://www.breitbart.com/article.php?id=D94Q35200 & show_article=1

 

Data signal deep global downturn

 

By Chris Giles in London and Geoff Dyer in Beijing

Published: December 1 2008 19:47 | Last updated: December 1 2008 22:17

 

 

Evidence of a global slide towards a deep recession mounted on Monday with severe strain reported by manufacturing companies around the world, large falls in car sales across Europe and bad construction figures in the US.

http://www.ft.com/cms/s/0/edaeb336-bfdf-11dd-9222-0000779fd18c.html

Down we go again: Fourth-worst drop ever for DowMonday December 1, 6:04 pm ET By Sara Lepro and Tim Paradis, AP Business Writers

 

Wall Street breaks 5-day win streak as stocks plunge; Dow down 680 in 4th-worst decline

 

NEW YORK (AP) -- The stock market suffered one of its worst days since the financial meltdown Monday, slicing 680 points off the Dow Jones industrial average as Wall Street snapped out of its daydream of a rally and once again faced the harsh reality of a recession.

http://biz./ap/081201/wall_street.html

 

The financial and economic difficulties have been accurately predicted by and myself here on SAMVA based on the general transits and the transits in the SAMVA USA chart (Perpetual Union).

 

Best wishes,

 

Thor

 

 

 

Cosmologer <cosmologerSAMVA Sent: Thursday, November 20, 2008 9:28:19 PMRe: Blog: More accurate stock market predictions

 

Dear friends,

 

What is fascinating about the evolution of the financial crisis which erupted in September 2008 is that with the recent massive affliction of transit Saturn in the SAMVA USA chart, the focus of the crisis has in November shifted to very Saturnine indications:

 

The economy has entered an outright recession!

The price of oil has collapsed, having fallen over $100 in a few months!

Unemployment is rising fast and is now at 16 year highs!

News headlines

 

 

Stocks sink as oil dips under $50

November 20, 2008 -- Updated 2105 GMT (CNN) -- Global stock markets were down across the board and oil sank below $50 a barrel Thursday as concerns over the ailing U.S. auto industry, a 16-year high in U.S. unemployment and the Dow Jones' lowest closing price since 2003 weighed on investors' minds.http://edition.cnn.com/2008/BUSINESS/11/20/global.markets/index.html

 

Do you think it is a coincidence that the indications of Saturn are now feeding the panic in the stock market?

 

Best wishes,

 

Thor

 

 

 

Cosmologer <cosmologersamva Sent: Thursday, November 20, 2008 7:02:14 PM Blog: More accurate stock market predictions

 

Thursday, November 20, 2008

 

 

More accurate stock market predictions

 

Over this year numerous predictions made some time ago about the evolution of share prices in the USA have come true. The predictions were all made on the basis of the SAMVA USA chart (Perpetual Union).

Check out the predictions for November 2008:

 

To read more:

http://cosmologer.blogspot.com/

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Dear friends,

 

It probably doesn´t come as any great surprise to us here on SAMVA list that the data on the recessionary trend and unemployment in the USA in November is outstripping anything seen in a long time. During the sub-periods of FM Rahu, 6th lord Jupiter and 8th lord Saturn in the SAMVA USA chart, which normally run back-to-back difficulties for the relevant indications are to be expected when adverse transits also take place. As mentioned before, Saturn, which has been severely afflicted of late, rules the economy and working people.

 

ReutersU.S. job losses worst since 1974 as downturn deepensFriday December 5, 10:01 am ET - By Alister Bull

 

 

WASHINGTON (Reuters) - U.S. employers axed payrolls by 533,000 jobs in November, the most in 34 years and far more than expected, government data on Friday showed, as the year-old recession hammered every corner of the U.S. economy. U.S. stock markets opened lower, oil prices and the dollar weakened and U.S. government bond prices rallied as the data showed the U.S. downturn was deepening. "You can't get much uglier than this. The economy has just collapsed, and has gone into a free fall," said Richard Yamarone, chief economist at Argus Research in New York. The Labor Department said the unemployment rate rose to 6.7 percent last month, the highest since 1993, from 6.5 percent in October. It would have been even higher except for an exodus of Americans who became discouraged in their search for work and left the labor force. "This is a clear employment blowout. Firms are reacting as dramatically as they can to make sure they have cost structures they can survive the recession," said Joel Naroff, president of Naroff Economic Advisors in Holland, Pennsylvania. The dismal data sparked calls for aggressive government action to shore up an economy that appears to be facing its deepest downturn since the early 1980s.http://biz./rb/081205/business_us_usa_economy_jobs.html?.v=1

 

Best wishes,

 

Thor

 

 

Cosmologer <cosmologerSAMVA Sent: Tuesday, December 2, 2008 8:16:20 AM Recession in USA and global economy

 

 

Dear friends,

 

With the transits continuing bad into the first week of December the headlines on DrudgeReport.com reflect worries about the state of the US and global economy:

 

DECEMBER FREEZE... BAILOUT MONITOR DECRIES LACK OF COHERENT PLAN... PELOSI EYES $500B MORE... Data signal deep global downturn...Manufacturing hits 26-year low...Schwarzenegger declares fiscal emergency...Bush: 'I'm sorry' crisis is occurring...Oil plunges below $50...Treasury Yields Plunge to Lowest on Record...Bernanke: 'No comparison' to Great Depression...Bank stocks suffer biggest one-day decline since crisis began...

 

 

 

 

 

Bush: `I'm sorry' the economic crisis is occurring

 

 

 

 

 

 

 

 

Dec 1 02:52 PM US/EasternBy DEB RIECHMANNAssociated Press Writer

 

 

 

WASHINGTON (AP) - President George W. Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts and said he'll back more government intervention if needed to ease the recession.

<snip> The U.S. economy fell into a recession in December 2007, the National Bureau of Economic Research reported on Monday. Many economists believe the current downturn will last until the middle of 2009 and will be the most severe slump since the 1981-82 recession. http://www.breitbart.com/article.php?id=D94Q36RO0 & show_article=1

 

 

 

 

 

 

US manufacturing hits 26-year low: ISM

 

 

 

 

 

 

 

 

Dec 1 03:11 PM US/Eastern

US manufacturing slumped to a 26-year low in November, highlighting the abrupt

downturn in the world's biggest economy, a survey showed Monday.

The Institute of Supply Management said its manufacturing index slumped 2.7 points to

36.2 percent, far below the 50 percent level that separates expansion and contraction.

The level was the lowest since May 1982

http://www.breitbart.com/article.php?id=081201191102.3uw0pjyd & show_article=1

 

 

 

 

 

Bernanke: lower interest rates are 'feasible'

 

 

 

 

 

 

 

Dec 1 02:48 PM US/EasternBy JEANNINE AVERSAAP Economics Writer

 

 

 

WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year.

 

 

 

 

 

 

 

http://www.breitbart.com/article.php?id=D94Q35200 & show_article=1

 

Data signal deep global downturn

 

By Chris Giles in London and Geoff Dyer in Beijing

Published: December 1 2008 19:47 | Last updated: December 1 2008 22:17

 

 

Evidence of a global slide towards a deep recession mounted on Monday with severe strain reported by manufacturing companies around the world, large falls in car sales across Europe and bad construction figures in the US.

http://www.ft.com/cms/s/0/edaeb336-bfdf-11dd-9222-0000779fd18c.html

Down we go again: Fourth-worst drop ever for DowMonday December 1, 6:04 pm ET By Sara Lepro and Tim Paradis, AP Business Writers

 

Wall Street breaks 5-day win streak as stocks plunge; Dow down 680 in 4th-worst decline

 

NEW YORK (AP) -- The stock market suffered one of its worst days since the financial meltdown Monday, slicing 680 points off the Dow Jones industrial average as Wall Street snapped out of its daydream of a rally and once again faced the harsh reality of a recession.

http://biz./ap/081201/wall_street.html

 

The financial and economic difficulties have been accurately predicted by and myself here on SAMVA based on the general transits and the transits in the SAMVA USA chart (Perpetual Union).

 

Best wishes,

 

Thor

 

 

 

Cosmologer <cosmologerSAMVA Sent: Thursday, November 20, 2008 9:28:19 PMRe: Blog: More accurate stock market predictions

 

Dear friends,

 

What is fascinating about the evolution of the financial crisis which erupted in September 2008 is that with the recent massive affliction of transit Saturn in the SAMVA USA chart, the focus of the crisis has in November shifted to very Saturnine indications:

 

The economy has entered an outright recession!

The price of oil has collapsed, having fallen over $100 in a few months!

Unemployment is rising fast and is now at 16 year highs!

News headlines

 

 

Stocks sink as oil dips under $50

November 20, 2008 -- Updated 2105 GMT (CNN) -- Global stock markets were down across the board and oil sank below $50 a barrel Thursday as concerns over the ailing U.S. auto industry, a 16-year high in U.S. unemployment and the Dow Jones' lowest closing price since 2003 weighed on investors' minds.http://edition.cnn.com/2008/BUSINESS/11/20/global.markets/index.html

 

Do you think it is a coincidence that the indications of Saturn are now feeding the panic in the stock market?

 

Best wishes,

 

Thor

 

 

 

Cosmologer <cosmologersamva Sent: Thursday, November 20, 2008 7:02:14 PM Blog: More accurate stock market predictions

 

Thursday, November 20, 2008

 

 

More accurate stock market predictions

 

Over this year numerous predictions made some time ago about the evolution of share prices in the USA have come true. The predictions were all made on the basis of the SAMVA USA chart (Perpetual Union).

Check out the predictions for November 2008:

 

To read more:

http://cosmologer.blogspot.com/

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siryes the recession in US is official now, I want to know what and when are the chances of bounce back / recovery in US economy.regardsRanjeet

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Hello Ranjeet,

 

Sorry for the belated reply, but I misplaced your message. You ask a perfectly reasonable question about the prospects for the US economy and when it may bounce back. Well, I answered this question in a blog titled The banking crisis of 2008 and the SAMVA USA chart on March 17, 2008.

 

"Numerous predictions have been made on the basis of the SAMVA USA chart about continued volatility in the US financial market in 2008. These predictions have all come true. Looking forward we can note that transit Jupiter will enter its sign of debilitation in late 2008 and will a year later enter the 8th house. These placements are not helpful for financial stability. In other words, the outlook for the economy is not very good for the next few years. The dynamics will also shift in the sub-period of Saturn as 8th lord from February 2009. The conditions in the US economy have ramifications for economic growth around the planet. Saturn natally afflicts the 2nd lord of wealth, Sun, in the SAMVA USA chart, such that it can both confer easy gains or lead to

losses of wealth. At the beginning of the Saturn sub-period, a difficult aspect will be coming to an end involving the affliction of natal Saturn to transit Saturn (Nov '08-Feb '09). This transit can bring violence and problems for wealth. Finally, as the Venus period lasts until 2016, the issues having to do with housing and financial stability will continue to be felt for some years. However, it is likely that the major difficulty will be experienced in 2008, while the Jupiter sub-period is still operating. This is because of the natal link between Jupiter and Venus, due to the placement of Venus in the sign Sagittarius, owned by Jupiter. The Sun period from 2016 will restore the might to the USA."

http://cosmologer.blogspot.com/2008/03/banking-crisis-of-2008-and-samva-usa.html

 

To this we could add that in late January 2009 and early February, when the Sun and then Jupiter will cross over the nodal station at 15° Capricorn and Cancer, things will again be stressful for the financial stability and economy. has also predicted the going would not be expected to be easy during the Venus major-period and Saturn sub-period, as Venus is natally placed in the 6th house and Saturn is natally the 8th lord. During that 30 month long sub-period the economy would not be expected to recover very quickly.

 

I hope this answers your question.

 

Best wishes,

 

Thor

 

 

 

 

Ranjeet Sharma <toranjeetSAMVA Sent: Saturday, December 6, 2008 10:49:16 AM Re: Recession in USA and global economy

siryes the recession in US is official now, I want to know what and when are the chances of bounce back / recovery in US economy.regardsRanjeet

 

Unlimited freedom, unlimited storage. Get it now

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Dear friends,

 

This just out today:

 

The US economy is still facing "sharp downside risks" to growth, according to the Organisation for Economic Co-operation and Development (OECD). The Paris-based organisation warns that the credit squeeze has been spreading to other forms of lending, and other financial firms could become insolvent. It says that another fiscal stimulus could be needed if things get worse. But it warns that longer term problems, including health care reform and the US budget deficit, must be tackled.http://news.bbc.co.uk/2/hi/business/7772794.stm

This is in line with the predictions for the USA based on the SAMVA USA chart. that the recovery process will be marked by problems and be slow going.

 

Best wishes,

 

Thor

 

 

 

Cosmologer <cosmologerSAMVA Sent: Monday, December 8, 2008 5:04:47 PMRe: Re: Recession in USA and global economy

 

 

Hello Ranjeet,

 

Sorry for the belated reply, but I misplaced your message. You ask a perfectly reasonable question about the prospects for the US economy and when it may bounce back. Well, I answered this question in a blog titled The banking crisis of 2008 and the SAMVA USA chart on March 17, 2008.

 

"Numerous predictions have been made on the basis of the SAMVA USA chart about continued volatility in the US financial market in 2008. These predictions have all come true. Looking forward we can note that transit Jupiter will enter its sign of debilitation in late 2008 and will a year later enter the 8th house. These placements are not helpful for financial stability. In other words, the outlook for the economy is not very good for the next few years. The dynamics will also shift in the sub-period of Saturn as 8th lord from February 2009. The conditions in the US economy have ramifications for economic growth around the planet. Saturn natally afflicts the 2nd lord of wealth, Sun, in the SAMVA USA chart, such that it can both confer

easy gains or lead to losses of wealth. At the beginning of the Saturn sub-period, a difficult aspect will be coming to an end involving the affliction of natal Saturn to transit Saturn (Nov '08-Feb '09). This transit can bring violence and problems for wealth. Finally, as the Venus period lasts until 2016, the issues having to do with housing and financial stability will continue to be felt for some years. However, it is likely that the major difficulty will be experienced in 2008, while the Jupiter sub-period is still operating. This is because of the natal link between Jupiter and Venus, due to the placement of Venus in the sign Sagittarius, owned by Jupiter. The Sun period from 2016 will restore the might to the USA."

http://cosmologer.blogspot.com/2008/03/banking-crisis-of-2008-and-samva-usa.html

 

To this we could add that in late January 2009 and early February, when the Sun and then Jupiter will cross over the nodal station at 15° Capricorn and Cancer, things will again be stressful for the financial stability and economy. has also predicted the going would not be expected to be easy during the Venus major-period and Saturn sub-period, as Venus is natally placed in the 6th house and Saturn is natally the 8th lord. During that 30 month long sub-period the economy would not be expected to recover very quickly.

 

I hope this answers your question.

 

Best wishes,

 

Thor

 

 

 

 

Ranjeet Sharma <toranjeetSAMVA Sent: Saturday, December 6, 2008 10:49:16 AM Re: Recession in USA and global economy

siryes the recession in US is official now, I want to know what and when are the chances of bounce back / recovery in US economy.regardsRanjeet

 

Unlimited freedom, unlimited storage. Get it now

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