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Pluto in Capricorn plus Saturn opposite Uranus  equals financial chaos. Here are the astro-details.

Recent NewsScope Articles
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April 13, 2009 - Economic Interdependence
May 11, 2009 - the Fed's stress tests
May 18, 2009 - Automakers and the U.S. Mars
June 29, 2009 - The Fed's Restructuring
July 6, 2009 - Jupiter, Chiron and Neptune retro
July 20, 2009 - Pluto opposite the U.S. Jupiter
August 3, 2009 - Excessive executive pay
August 17, 2009 - CEO John Mackey
September 7, 2009 - Pfizer's culture
September 14, 2009 - Pluto to the U.S. Jupiter
October 5, 2009 - CEO Ken Lewis
Oct 19, 2009 - Dow Jones hits 10,000
Part One - Danger Signals for the EconomyThis section covers economic trends from July 3, 2006 to March 3, 2008. Read about Jupiter's station on the U.S. Scorpio Ascendant, the end of the housing boom, Pluto's opposition to the U.S. Venus, the Fed's chart, and the over-leveraged financial system.

Part Two - New World Order on Wall Street This section covers from the oil bubble in June 2008 through the economic collapse in September 2008. Read about horoscopes for Fannie Mae and Henry Paulsen, the collapse of Lehman Brothers, hedge fund investors, and the beginning of nationalization programs.

Part Three - End of the Free Market System All the articles on this page are from October 2008, and discuss the aftermath of the economic collapse. Alan Greenspan admits his risk management paradigm is flawed, horoscopes for Warren Buffet, Neel Kaskari, plus a celestial roadmap to market timing

Part Four - The Global Brain at Work
This section details the ongoing economic meltdown that unfolded from decemebr 2008 through March 2009. Read about horoscopes for Bernard Madoff and Charles Ponzi, AIG, the Bank of America, and Obama's economic stimulus package.
The Astrology of the Credit Crisis (archives)
Full-length articles on key sectors:

Oil - The astrology behind the founding, evolution, and it's current role in the global economy.

Eighth House - transiting Pluto is activating the U.S. eighth house. Here's some background.

The End of Capitalism?

NewsScope, October 26, 2009; Several red flags have been raised recently about the nature of U.S. capitalism. Michael Moore's latest film Capitalism: A Love Story could be dismissed as the natural antics of an extremist, but Marketwatch's most popular blog last week carried a similar theme, as did Frontline's investigative story The Warning. The message is growing louder: the American economic system is in danger of self-destruction.  read on...

Dow 10k 2.0

NewsScope; October 19, 2009; A collective sigh of relief could be heard across Wall Street last Wednesday when the Dow closed over 10,000 for the first time since October 2008. While the benefits to financial investors are not being cheered on by the 17 percent of Americans who are unemployed or underemployed, the prospects for a return to economic health seem to be improving with this milestone.continued

Dow 10k 2.0 continued...

The End of Capitalism? continued...
Long-time NewsScope readers are already aware of the underlying astrological dynamic: transiting Pluto is in the U.S. 2nd house and opposing Venus in the 8th house of capitalism. This configuration has never happened before in U.S. history since Pluto takes 248 years to make one orbit. Ever since Pluto entered the 2nd house of money in 1998, the economy has experienced a series of severe boom and bust cycles.
The most dangerous systemic phase began in 2008 when Pluto first entered Capricorn and came within two degrees of opposing the U.S. Venus. The stock markets reached bottom in March 2009 when Pluto actually opposed the U.S. Venus, but then Pluto turned retrograde
and the markets recovered under the government stimulus programs. With Pluto in Capricorn, the astrological message is that government can be the problem but also the solution.

Now that Saturn is entering Libra and squaring Pluto, the time has come to engineer government reforms. Last week the House Finance Committee began writing new legislation that would give the national government regulative power to dismantle corporations "too big to fail". However, Gucci Gulch lobbyists are ready to fight, so the bill may be stalled for a year as the Saturn-Pluto square unfolds.
Astrologically, the 10,000 level was achieved during an important Jupiter station. In general, financial astrologers had a tough time predicting this up-tick due to the pervasive influence of the Saturn-Uranus opposition, which is a strong bearish signal. However, NewsScope readers were forearmed in the July 6 column, which stated "Jupiter will turn direct in mid-October very near the U.S. fourth house cusp, likely bringing a return of confidence."
Does the U.S. really have Scorpio Rising? Get the scoop here
The first time the Dow crossed 1,000 was on November 14, 1972. At the time, the U.S. progressed Sun was conjunct Pluto (orb 0º04'), the ruler of the Scorpio Rising national chart. So, while financial astrologers attempt to assess long-term cycles using outer planet aspects and stations, their success has been limited. The trick is to work with the national horoscope, and as these examples show, the chart set for 2:21 pm, July 4, 1776 works like a charm.
The first time the Dow crossed the psychologically important 10,000 level was on March 29, 1999. At the time the U.S. progressed Ascendant and progressed Jupiter were exactly conjunct (orb 0º01'), which aptly describes the general euphoria and uplifting vibration the nation was feeling during that time. The excitement felt on the home front was also evident from transiting Uranus conjunct the U.S. fourth house cusp.
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