one has yet come up with a satisfying answer to the question of why
certain planetary patterns coincide with certain conditions here on
planet Earth. “As above, so below” is an ancient adage that best fits
what was happening “up there” when “down here” the late, great
bull market of the 1990s took off? As we’ve seen from a planetary
search of those periods when the U.S. has experienced the worst
of times, whenever Saturn is in mid-Capricorn square another “heavy”
planet in mid-Aries, it forms a grand cross to the United States’
natal Sun-square-Saturn. This pattern has never failed to coincide
with great depressions. (Editor’s note:
for a further explanation of this phenomenon, see
Saturn and Great Depressions Part One and
takes Saturn 28–30 years to circle the zodiac. Many economists,
noting the 30- and/or 60-year cyclical rhythm of great depressions
expected another to occur during the 1990s.
when Saturn arrived opposite the United States’ Sun-square-Saturn
in 1989, Neptune and Uranus were with Saturn in Capricorn, and
all three were sextile (60 degrees) Pluto in Scorpio.
biwheel chart showing the transits in relation to the U.S. birth
chart is informative. On April Fool's Day of 1989, Saturn, Neptune,
and Uranus were together in Capricorn opposite the U.S. Sun, which
squares its natal Saturn in Libra. So this time, transiting Saturn
could not form a grand cross with Pluto, Neptune or Uranus in
grand cross, no great depression.
Mania of Buying
we had instead was a record-shattering bull market. Stock prices
rose so dramatically that a mania of buying resulted. Day after
day during the 1990s, financial newscasters chortled happily,
beaming out at viewers from CNN and MSNBC. Economists and fund
managers made guest appearances to explain this phenomenon, often
concluding that Fed Chairman Alan Greenspan’s management of the
economy was a feat of genius.
however, was not laughing, for he knew a speculative bubble when
he saw one, and the 1990s created the biggest in known history.
He also knew that no past speculative bubble had gone unpricked.
it was noticed that the working class was no better off for this
record-breaking runup of stocks than they were before. In fact,
the wages of labor, adjusted for inflation, were trending downward.
Those who believed “the market” was a force of nature concluded
this was as it must be—if wages had gone up, stocks would have
tanked. That’s how it had always happened in the past.
Record Bubble and Gap
historic fact is that a record gap between rich and poor has never
failed to lead us into another great depression. This record bubble
and gap was a boozy party that would inevitably lead to a hangover.
Eventually, pension funds would evaporate, fund managers would
fly to Rio, and fingers of blame would point in all directions.
of Uranus and Neptune have historically brought the unprecedented
accompanied by the mysterious and/or delusional. With Pluto in
Scorpio trine the U.S. Sun in Cancer and sextile the Uranus-Neptune-Saturn
conjunction in Capricorn, the financial markets were in a state
of unprecedented self-delusion, leading to some kind of major
1993, after a brief lull, stock prices rocketed up, up and away.
The biwheel chart showing the U.S. transits for February 1, 1993,
shows Uranus and Neptune within a degree of an exact conjunction
and opposite the U.S. Sun-square-Saturn, plus another interesting
pattern: Saturn (briefly conjunct Mercury and the Sun) at 19 Aquarius,
forming a beneficent 120 degree trine to the U.S. natal Mars in
Gemini, which squares its Neptune in Virgo. It’s this Mars-square-Neptune
pattern that has proven so sensitive in previous stock market
booms and busts.
transiting Saturn trine the U.S. Mars, and the Uranus-Neptune
conjunction trine the U.S. Neptune, “up there” was aligned with
“down here” for the record bull market of the 1990s. Given that
the Uranus-Neptune conjunction traditionally brings unprecedented
self-delusions, the mood was right for the new record bubble and
market watchers during this time, the wise old gray-hairs were
on the sidelines muttering doom and gloom, because they knew the
1990s bull was an aberration. What no one knew was when the bubble
would be pricked and the bears would come out.
repeats itself but never the same way twice. You’d have to go
back many centuries to find the last time Saturn, Uranus and Neptune
had come conjunct in Capricorn, simultaneously trine Pluto in
Scorpio, and this time would be long before stock markets existed.
astrology, the one thing we could know for sure was that this unprecedented
situation would not play out as it had in the past, because Uranus
brings the unpredictable. Together with the delusions of Neptune and
the death-and-rebirth effects of Pluto, we were living in what the
Chinese I Ching calls, ominously, “interesting times.”