Jupiter enters Capricorn, an earth sign ruled by Saturn, for one year. These two planets broadly represent the overall business cycle of expansion (Jupiter) and contraction (Saturn).
Jupiter is in Capricorn about every 12 years. (Previously January 4, 1996 to January 22, 1997.) The last time Jupiter was in Capricorn and Saturn (in Virgo*) was November 16, 1948 – April 3, 1949 and June 28 – November 30, 1949. That cycle saw the founding of The People’s Republic of China and NATO. Look for major changes to both entities in 2008. World governments will shift their focus back to themselves.
Since November 23, 2006, Jupiter has been in its “home” sign of Sagittarius. Ever the optimist, this enthusiastic fire energy is determined to put a positive spin on everything. Jupiter in Sagittarius is overdone excess, and its alignment now with Pluto has exposed all the debt the U.S. has incurred. Jupiter in Capricorn makes its entrance at the same time Saturn’s energies are strong,** wringing out the excess to establish a solid foundation to build upon.
From a business perspective, this is a move from financial engineering to product engineering. Businesses will be focused on creating long term value for shareholders. Citigroup (C) already exemplified this by repurchasing their SIV assets and should show a renewed focus on the true business of banking.
* See my post, “Time to Clean Up: Saturn in Virgo” by scrolling down to the bottom of the Cycles section in the DIRECTORY.
** Saturn moves retrograde on December 19 and is stationary December 16-23. Planets do not move backwards but appear to from Earth’s vantage point.