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- Financial_astrology abstract "Financial astrology (also known as business astrology, economic astrology, and/or astro-economics) is the practice of relating the movements of celestial bodies to events in financial markets. The use of astrology in financial markets is not consistent with standard economic or financial theory, but might be considered heterodox economics. The practice has been used in various formats since 463BC.The scientific community considers astrology to be a pseudoscience. Hard dates are rarely given, rather, advice is given based on which astrological sign is 'rising'. Long term predictions are made using more traditional methods of looking at prior history and making mathematical predictions based on patterns relative to astronomical events. Critics have pointed out that some astrological events that have been used in predictions occur so rarely that they may have never happened before within a human lifetime, thus having no precedent on which to predict results.In 1992, 1994 and 2008, a magazine by the name of Wall Street Forecaster was named as one of the top forecasters on Wall Street, as the superstition was being leaned on for luck. It was also rated the second best performing forecaster in 2002. It was reported that some clients asked for their copies to be delivered in 'brown paper' to avoid mockery. As of 2001 the Astro fund trading company, which handled $3.5-5 million worth of investor assets, claimed 10-15% of fund managers were using their service or a similar company. The majority of the market demand for this service has come from the US and Japan respectively. In 2000, Bloomberg News was host to a weekly show dedicated to financial astrology. The 2000 financial crash led to a surge in companies and investment bankers using the services of financial astrologers.Tellingly, large firms such as J. P. Morgan, refuse to take a stance for or against the practice, though the founder of the bank, John Pierpont Morgan, had a personal astrologer on staff, and he was attributed as saying \"Millionaires don't use astrologers, but billionaires do.\". In 2000, the chief technical analyst for HSBC was quoted as saying; \"most astrology stuff doesn't check out, but some of it does\". Similarly, in 1997, the treasurer for The European Bank for Reconstruction and Development admitted that they used the practice in their financial planning and described the correlation between astrological events and financial events as \"uncanny\".The practice was used by Goldman Sachs in a paper released in 1999, focussing specifically on the correlation between eclipses and the state of the financial market at that time. Though floated as an idea by the company at the time, analysis showed that random data produced similar results. A 2007 study by The British Association for the Advancement of Science conducted an experiment wherein a financial astrology, professional investor, and five-year-old child, were asked to invest £5,000 on the FTSE100. The child earned the most money, with the financial astrologer taking the heaviest losses.".
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- Financial_astrology wikiPageExternalLink trade-secrets-of-the-galactic-empire.
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- Financial_astrology wikiPageRevisionID "683782979".
- Financial_astrology wikiPageWikiLink Astrological_sign.
- Financial_astrology wikiPageWikiLink Astrology.
- Financial_astrology wikiPageWikiLink Bloomberg_News.
- Financial_astrology wikiPageWikiLink British_Science_Association.
- Financial_astrology wikiPageWikiLink Category:Astrology_by_type.
- Financial_astrology wikiPageWikiLink Category:Financial_markets.
- Financial_astrology wikiPageWikiLink Category:Prediction.
- Financial_astrology wikiPageWikiLink European_Bank_for_Reconstruction_and_Development.
- Financial_astrology wikiPageWikiLink FTSE_100_Index.
- Financial_astrology wikiPageWikiLink HSBC.
- Financial_astrology wikiPageWikiLink Heterodox_economics.
- Financial_astrology wikiPageWikiLink J._P._Morgan.
- Financial_astrology wikiPageWikiLink JPMorgan_Chase.
- Financial_astrology wikiPageWikiLink Pseudoscience.
- Financial_astrology wikiPageWikiLink Treasurer.
- Financial_astrology wikiPageWikiLinkText "Financial astrology".
- Financial_astrology wikiPageWikiLinkText "financial astrology".
- Financial_astrology wikiPageUsesTemplate Template:Astrology.
- Financial_astrology wikiPageUsesTemplate Template:Reflist.
- Financial_astrology subject Category:Astrology_by_type.
- Financial_astrology subject Category:Financial_markets.
- Financial_astrology subject Category:Prediction.
- Financial_astrology hypernym Practice.
- Financial_astrology type Company.
- Financial_astrology type Market.
- Financial_astrology type Redirect.
- Financial_astrology type Statement.
- Financial_astrology type Statement.
- Financial_astrology comment "Financial astrology (also known as business astrology, economic astrology, and/or astro-economics) is the practice of relating the movements of celestial bodies to events in financial markets. The use of astrology in financial markets is not consistent with standard economic or financial theory, but might be considered heterodox economics. The practice has been used in various formats since 463BC.The scientific community considers astrology to be a pseudoscience.".
- Financial_astrology label "Financial astrology".
- Financial_astrology sameAs Q5449691.
- Financial_astrology sameAs 금융_점성술.
- Financial_astrology sameAs m.0c_q2r.
- Financial_astrology sameAs Q5449691.
- Financial_astrology wasDerivedFrom Financial_astrology?oldid=683782979.
- Financial_astrology isPrimaryTopicOf Financial_astrology.