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26
Jul

Wall Street Crash 1929 (US theme)

The Wall Street Crash of 1929 occurred between on 24 October 1929 (black Thursday) and on 29 October (black Tuesday). It triggered the Great depression, the largest economic crisis of the 20th century. It was caused by the system of buying shares on credit, which had been allowed since 1926. Investors could buy stocks with only 10% of the financial cover. For worldwide astrology, I use the US natal chart of the Declaration of Independence of 4 July 1776. The dating of the 360° of the zodiac is done for a duration of 80 years. The charts are created from 1776, 1856, 1936 or 2016 onwards....

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26
Jul

Wall Street crash 1987 (US theme)

On Black Monday, 19 October 1987, the Dow Jones index closed with a 22.60% loss. This was the biggest one-day fall in Wall Street prices in the 20th century. The causes were cyclical and not structural as in 1929. In 1986, the American authorities decided to lower the dollar, which lost almost 50% of its value. In 1987, they decreed the opposite by increasing interest rates. Government bonds, which were risk-free, had a guaranteed return of almost 10%. This rate caused a craze for these investments and a sharp fall in other stock market values. For worldwide astrology, I use the US natal ...

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