December 5, 2025

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Determined resilience: the Mars-Saturn square

(30 November 2025)  Stocks rallied strongly during...

Rational harmony: the Mercury-Venus conjunction

(23 November 2025)  Stocks moved lower last...

Determined resilience: the Mars-Saturn square

(30 November 2025)  Stocks rallied strongly during Thanksgiving week on renewed hopes for an interest rate cut at the next Fed meeting on December 10.  The rate cut optimism offset lingering doubts about the economic sustainability of the current AI boom. The gains were not wholly unexpected given Monday's Mercury-Venus conjunction.  A study of previous Mercury-Venus conjunctions suggested that stocks had a bullish bias in the aftermath of the conjunction, although the presence of retrograde Mercury complicated that view somewhat.  Whenever Venus conjoined retrograde Mercury as was the case on...

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