“Fed survey shows recession may be over”

Last updated on: September 10, 2009 at 6:39 pm by Lynn Hayes

“Fed survey shows recession may be over” 2009-09-10T18:39:15-04:00 Lynn Hayes

LOGO Patheos Explore the world's faith through different perspectives on religion and spirituality! Patheos has the views of the prevalent religions and spiritualities of the world.

And I’m as big an optimist as anyone so I’d like to believe it. The Federal Reserve surveyed businesses around the US and “found economic activity stabilizing or improving in most regions.” However, this growth is dependent upon consumer spending and people can’t spend money when they’re not working.

I have been saying for the past few months that until we see employment numbers rising, the economy will not have turned around. People without jobs cannot spend money, and as long as the US economy is fueled by spending we will remain in the recession. Much of the spending that fueled the boom in the Pluto in Sagittarius era (1995 through 2008) came from borrowed money, and that money had dissolved into thin air.

The Fed’s survey found a pickup in the demand for temporary workers, which could presage the hiring of permanent workers. Saturn will enter Libra at the end of October, leaving the sign of Virgo which is the sign that regulates work and the work environment, as well as health and other issues that have been under stress for the past couple of years. However, Saturn will immediately form a square to Pluto which is rarely a happy combination. Saturn gives us a reality check and Pluto forces confrontation in any area where things are not working well, so that could be a big wake-up call in areas of the economy that are fueled by speculation and optimism alone.

The Saturn/Pluto square will peak in November and then again in February, making this period a challenging economic one. However, a sextile from Jupiter (good fortune) to Pluto (transformation) in February will soften the blow and encourage a sense of expansion. However, February also marks the final exact conjunction of Chiron and Neptune which will urge us to operate from the level of soul, and not from the pocketbook. This combination of planetary influences could be what’s needed to make permanent changes that will serve us in the long run.

It appears to me that March and April will be easier and offer some economic relief. However, the old ways of doing things are over and they will never come back. This is still a time for sensible money management (with Pluto in pragmatic Capricorn and Saturn retrograding back in sensible Virgo from April through July). Building a solid foundation now will ensure that we are able to hold on when things get rocky in 2012-2013 with the square of Uranus to Pluto.

Our economy has become dependent on the spending habits of Americans, but these spending habits have resulted in bankruptcies and foreclosures. Personal savings habits will delay the economic recovery, but will force a complete overhaul (Pluto) in the way that our economic systems operate (Capricorn) and that is not a bad thing in my opinion.

Previous Post

September 8, 2009

September 9, 2009: 09-09-09

Next Post

September 11, 2009 Pluto changes direction today, September 11, and Astrology in my world

Browse Our Archives

Select a Category 2012 Age of Aquarius Astrology Astrology in my world Astrology in the news Astronomy Business Celebrities Consciousness Conspiracy Crime Death Ecology Events Fate Favorite posts Featured posts Financial Markets Future Shock Generations Health & Healing Holidays Inspiration Jupiter in Leo Lessons Life Lynn's favorite posts Mercury retrograde Miscellany Money and markets Moon Mysteries People Planetary cycles Planets Podcast Politics Popular Culture Predictions Psychology Relationships Religion Saturn in Scorpio Saturn Return Science Signs Skywatch Sports Sun Sun signs Technology Uncategorized Uranus square Pluto Wonders of the universe

Select a Month September 2015 August 2015 July 2015 June 2015 May 2015 April 2015 March 2015 February 2015 January 2015 December 2014 November 2014 October 2014 September 2014 August 2014 July 2014 June 2014 May 2014 April 2014 March 2014 February 2014 January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 May 2012 April 2012 March 2012 February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010 August 2010 July 2010 June 2010 May 2010 April 2010 March 2010 February 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 November 2008 October 2008 September 2008 August 2008 July 2008 June 2008 May 2008 April 2008 March 2008 February 2008 January 2008 December 2007 September 2007 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 June 2006 May 2006 April 2006 March 2006 February 2006 January 2006 December 2005 November 2005 August 2000

TAKE THE

Religious Wisdom Quiz

What was the name of the queen who visited Solomon?

Select your answer to see how you score.

Queen Esther The Queen of Sheba Queen Jezebel Queen Vashti