The Practice of Associating Markets with Celestial Bodies and Astronomical Phenomena: Financial Astrology 2021
Astrology can be expressed as a body of studies that interpret the effects of celestial bodies such as planets and stars in a systematic manner in certain situations.
According to astrologers and astrologers, celestial movements can benefit from certain predictions, such as lucky and unlucky times, difficult or easy periods, or delays. Thus, while keeping it away from possible dangers, sometimes it makes it possible to seize opportunities.
Although astrology seems to be a non-mainstream method for markets, the number of investors using this route is not very few. Because financial astrology is very popular in countries such as the USA, Japan and India.
Here’s what you need to know about financial astrology.
What is Financial Astrology?
Financial astrology is the practice of relating financial markets to celestial bodies such as planets and stars. It is not used in standard economic applications, but has been around for thousands of years.
First time Dot-com Balloon and financial astrology, which emerged under the financial crisis it created, has been increasing in popularity since then. But despite its growing popularity, it is not generally used by large financial companies.
US-based investment bank Goldman Sachs mentioned financial astrology in a report published in 1999 on the link between eclipses and the state of the financial markets.
Most of the Demand comes from the USA and Japan
The bulk of the demand for financial astrology comes from the USA and Japan, but the practice is also popular in India. Tens of thousands of investors are known to subscribe to financial astrology bulletins. Newsletters sent by Arch Crawford, known as Wall Street’s astrology advisor, are often praised by investors.
Investors are often superstitious, and the demand for financial astrology can be an attempt to find order and direction in the often chaotic world of financial markets. Whether this works or not is another mystery.