There are murmurings of a downturn ahead for the exceptionally high stock markets from several commentators. Is this nervousness justified?
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The Dow Jones, 26 May 1896 9.11 am New York, does have a 5 degree Gemini Sun with transiting Neptune square which can be undermining. But that has been running since mid 2013 with no discernible, dissolving effect so far. There are another two Neptune hits, one retrograde this September and the final one in January 2015 so it could be waiting for a trigger. The Solar Arc Saturn is conjunct the Sun/Pluto midpoint within two months which certainly looks stuck. Plus transiting Saturn is conjunct Uranus and opposition Venus in late September and October which might indicate a downward blip.
The S&P 500, 4 March 1957, often regarded as a barometer for the US economy equally is not showing much immediately bar a couple of discouraging Saturn transits in late September and December. It is 2015 which looks more worrisome.
The Nasdaq, 8 Feb 1971 9 am New York, is showing some disruptions this year and next as well as patches of panic in early 2015. But it really is 2016 which is its danger point.
Not surprisingly it is the European stock markets which are showing the strain at the moment with the Dax and the FTSE Eurofirst 300 both indicating major uncertainties this year and worse next year.
The USA Federal Reserve Bank, 16 Nov 1914 9 am Washington, DC, looks a touch setback in late October this year but again 2016 may be more of a worry.
The European Central Bank, 1 June 1998, is showing serious panic this year and next, with no real let up in the downward slide until February 2017.