Archive for the ‘Auto Star Finance’ Category
August 7th, 2011 | 
Author: Jupiter in the Fifth is said to cause economic progress ( Dhanaptim ). Let us how Transit Jupiter in
the Fifth has been good for India ( Moon Sign – Cancer, Star – Pushya ).
Jupiter is a functional benefic in India’s horoscope, being the lord of 9th & 6th houses from India’s
Moon Sign, Cancer.
India is ready for a great take off, according to the international banker, Lehman Bros. Investments
will come in Tourism, Food processing, Infrastructure & Financial sectors and these sectors are
going to boom! India’s GNP is bound to grow at 10% for the next ten years. India has risen to the
second position, as far as foreign investment is concerned.
$ 700 billion total investment & $180 b in manufacturing and with a motivated labour force, India is
on the way to become a big power !
With half a billion middle class and with the second largest tech manpower in the world, India’s growth
will only be second to China, who is growing at 12%.With improved relations with the US, India is on
the road to recovery from debt.
Jupiter has been in Scorpio for the last 10 months and during this phase India has progressed rapidly.
The Fifth House is considered to be the Lakshmi Sthana or the House of Prosperity, as the 5th is the
House of Fortune from the House of Fortune (9th) ! Furthur rise is foreseen and India may become
the third economic power by 2050 !
This year has been good for India financially – with some sectors like realty, construction, software,
auto, banking, tourism etc – booming. Jove in the House of Prosperity is bringing in $ 700 billion as
investment, with $ 180 billion going to manufacturing. Even though imports are up at $ 181 b, federal
debt 155 b and deficit at 55 b, the overall atmosphere has brightened up. Jupiter in the Fifth will
definitely catapult India in the financial ladder and economists are now talking about India being the
third economic power by 2050, behind China and US.
One physicist has postulated that like heat which makes the mercury in the thermometer go up, so also
Cash pushes up the Sensex & Nifty levels ! So true, if we consider that the Sensex is at a record 19000 !
The Sensex is said to be the barometer of the economy. Now economists are saying that the Sensex
will be up still furthur as cash flow continues into India. Improved relations with the US is another factor.
More & more millionaires, billionaires and trillionaires ( in rupees ) are born. Sunil Mittal of Bharti Airtel
became India’s fourth trillionaire in rupees !
Jove in the Fifth has created another record, Sensex over 19000! Traders are now optimistic about
20000 ! It took only 8 sessions to reach 18000 and four sessions to reach 19000! As the scientist
pointed out, it is Cash Flow that drives the Sensex and Nifty. Economic progress is implied by the
rise in the Sensex, as the Sensex is considered to be the barometer of the economy.
Well, Jove in Scorpio has created another record – forex reserves crossing $ 250 billion. Massive
investments are planned in infrastructure, IT, realty, tourism, auto etc. Exports will be $ 150 billion
this year.
As India upgrades technology, infrastructure, marketing and quality control, she will be a force to
reckon with in the global market. Competition from China is healthy and will only bring the best
from the Indians !
Jupiter in the Fifth promotes finance and India is changing fast into an industrial power. It is believed
that the Sensex will rise furthur. Technical corrections will always be there but since the cash flow into I
India is high, we can see some record levels !
More FDI is expected to come to India. Even though imports exceed exports, economists foresee a
developed India by 2020.The rise of the 300 million middle class, globalisation, privatisation & libera-
lisation – all these are the causative factors for India’s 9 per cent growth. This growth is only second
to China, who is growing at 12%.
Bill Gates said India is a potential software superpower.BPO, LPO & KPO – all these are opportunities
for India. Now with $ 180 billion coming in as investment in manufacturing, India will progress rapidly.
Jupiter in the Fifth is a great promoter, not only in the financial sphere, but also in Sports. Dhoni’s
men brought the World T20 Cup and V Anand was crowned the World Chess Champion. India moved
upto the First position in the T20 and to third position in cricket Tests, even though she has to improve
her position in ODIs, which is the sixth position.
It was Jupiter in Scorpio which brought India the T20 World Cup. Mark the Fifth House from the Moon,
which is the Lakshmi ( Prosperity ) Sthana. One Jupiterian Cycle is 12 years and India brought the Cup
in 1983 ( 2 Jupiterian cycles before ). In 1971, Wadekar brought another laurel ( 3 Jupiterian cycles
before).
In other words, Jupiter in the Fifth has been a great relief to a tottering India. India has been plagued by
the rise of Crude ( $87 per barrel), increasing imports (181 b), increasing deficit (55 b) & increasing debt
(155 b ) !
Hope there will be many more records before Jupiter leaves Scorpio !
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For several weeks I’ve been writing about the need for the government’s financial stimulus efforts to be supplemented by efforts to instill some degree of confidence in severely depressed consumers and investors.
I was thinking in terms of President Reagan’s strategy upon inheriting the similar economic collapse of the 1970’s. He provided financial stimulus, including huge increases in defense spending, some of it wasted, such as launching the costly but never completed ‘Star Wars’ anti-missile system, etc., but created jobs. He augmented the spending with upbeat assurances about the greatness of America, and how the country would soon begin to pull out of the seemingly impossible mess. Similarly President Bush provided a large stimulus package after the terrorist attacks in 2001, and supplemented it with confidence-building speeches about how Americans should get out of their terrorist-inspired fear modes and spend, “to show these terrorists who would tear down our economic system that they won’t succeed.” Both times the ‘jaw-boning’ was as important as the financial stimulus in lifting the confidence and determination of consumers and investors.
My columns along those lines resulted in an avalanche of criticism, the mildest of which asked how I could advocate that the government attempt to brainwash the population, should attempt to hide the facts of how serious the situation is. That is not what I said. What I said was that for two years consumers have been fed a steady diet of doom and gloom, are well aware of the seriousness of the situation, and it’s time for the government’s financial stimulus efforts to be supplemented by efforts to instill some degree of confidence in the nation’s future.
If that is brainwashing, then the problems were created in the first place by someone brainwashing people into thinking they could safely buy a house they couldn’t afford because home prices would just keep rising forever.
Meanwhile, I have been saying since the real estate bubble burst and collapsed the economy, that the economy cannot recover until the housing industry recovers.
So I was disappointed that stimulus efforts had to begin with the rescue of banks and the financial system, then moved to bailout efforts for the auto industry.
I was delighted that rescue efforts have finally begun to focus on the housing industry, where home foreclosures are accelerating, sending home prices and buyer confidence even deeper into gloom and doom, and sinking the economy even faster. But I have been surprised that rescuing the housing industry, which mostly affects the folks on Main Street, apparently has even more opposition than bailing out Wall Street and the auto-industry.
Just how unpopular the plan is was revealed by CNBC reporter Rick Santelli on Thursday.
By now most of the country, if not the world, is aware that Santelli, noted for his daily rants from the Chicago Board of Trade about what he believes to be wrong with the country, took aim at the Administration’s housing rescue bill. During his rant he shouted this question to traders on the floor of the CBT, “How many of you want to pay for your neighbor’s mortgage because he can’t pay the bills? Raise your hands!” Amidst yells of agreement from the traders Santelli turned to the camera and shouted “Are you listening, Mr. President?”
A landslide of approving e-mails apparently encouraged Santelli to announce that he would organize a “Chicago Tea Party” demonstration, a revolution he called it.
He surely hit a nerve with his opinion that those who are losing their homes and jobs should not be bailed out by those who are in good shape on their homes, finances, and jobs, with calls of ‘Santelli for Senate’, and ‘Santelli for President’ spreading over the Internet.
It does have its amusing aspects, given that the economic mess was created by the financial industry, in part by its creation of high-risk derivatives, including mortgage-backed securities, and the wild leverage provided to hedge funds. Santelli became a CNBC reporter in June, 1999, almost at the top of the stock market bubble, leaving his position as a vice-president at Sanwa Futures LLC, where he handled institutional trading and hedge fund accounts. Prior to that, he served as managing director of the Derivatives Products Group of Geldermann Inc.
And now he is the hero of those who feel abused by the collapse of the house of cards created by the questionable products and greed of Wall Street firms?
But of more concern to me is the apparent majority opinion that “I don’t care if the value of my home keeps dropping due to foreclosures on my street. I didn’t make any mistakes, and I don’t want my tax money used to bail out those who are in over their heads. I don’t want the banks saved with my tax dollars. Let then go bankrupt. I don’t want the auto-makers bailed out. They deserve to go bankrupt. I don’t care if it causes the whole country to fall into the next Great Depression.”
I suppose the same argument could be made about giving blood, or contributing to food banks, unemployment insurance, cancer research, the Red Cross, education. Hey, I didn’t get sick, I didn’t lose my job. I’ve got my education.
Do they even realize how much worse a depression is than a recession?
The Bush Administration tried to get things turned around by spending a few trillion dollars of taxpayer money, and the new Administration is trying. The results of those efforts won’t be known for awhile. But both administrations ran into a lot of opposition from those who would rather let those with problems (banks, auto-makers and millions of individuals) go bankrupt and see if the system can recover on its own or not. One often repeated additional reason is that it’s unfair to saddle future generations with larger deficits.
If a few years from now the economy has worsened into a decades-long global depression, thanks in part to the unwillingness of even the folks on Main Street to unite in the common goal of trying to rescue the economy, because their money might go to someone less fortunate, who will they look back and blame that on? And how much worse off will their children be than if the national debt is stretched even further now?
In his rant Santelli asked, “Are you listening, Mr. President?”
I ask, “Are you listening America?”
Sy Harding publishes the financial website www.StreetSmartReport.com and a free daily Internet blog at www.SyHardingblog.com. In 1999 he authored Riding the Bear – How To Prosper In the Coming Bear Market. His new book is Beat the Market the Easy Way! – Proven Seasonal Strategies Double Market’s Performance!
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