Stockmarket turmoil?
On 22nd July 2023 the transiting Sun, the lunar nodes and Pluto are in an exact T-square configuration suggesting the surrounding days are filled with a tension that could prove life changing for many people. By 1st August, the transiting Moon is turning this 3-way tension into a very difficult Grand Square. This means that all four planetary aspects are in conflict with each other, pulling in opposite directions and not working together.
In world events, this could prove to be a period of tension that leads to profound and permanent change. Pluto was last in this area of the chart during the French revolution and so it is unsurprising that France is already struggling with issues of unrest and civil disturbance at this time. Stockmarkets are typically quite vulnerable to extreme swings during the summer months as the trading activity is reduced due to bank holidays and traders taking vacations. With so many other concurrent pressures coinciding…including strong inflation and the Ukraine / Russia conflict…it isn’t going to take a lot for the market to over react. It is highly possible that the unraveling of consumer debt on mortgages is behind this stockmarket volatility.