Mania and depression in the financial markets
Earlier in December I wrote about the stock market roller coaster of the past year, and since then it’s gotten even crazier, with the Dow Jones Industrial Average careening from 23,693 on December 19th to a low of 21,721 on December 26th, and zooming up over 1000 points yesterday, the biggest single increase in history.
I lay the blame for this erratic volatility partly on the last gasp of Uranus, planet of disruption, traveling through the fiery sign of Aries for the last time through the end of February.
Meanwhile Jupiter (the […]