Astrology Markets Down

The new Fox Business Channel (like CNBC, but Foxier) recently aired a program where they invited astrologer Constance Stellas to discuss her predictions for the latest Federal Reserve Board meeting and to draw up a chart for Fed chairman Ben Bernanke. It's a sad but true fact that several corporations employ business astrologers to advise them on financial matters. On his UK show Psychic Investigator, James Randi put these astrologers to the test, comparing their success in the stock market to that of an actual financial analyst. Venus must have been in the wrong house, because the astrologers were soundly defeated. And, by the way, Stellas predicted a half-point rate cut. The actual rate cut was 0.25%. But I'm sure there's some rational explanation for her failure. More details here.