Summary
Akhil Patel provides the November 2022 market update, noting markets are pushing off October lows per the Roadmap, and delivers a deep exploration of Halloween/Samhain as a cross-quarter date (midpoint between autumn equinox and winter solstice). He connects ancient Celtic seasonal calendar to Gann’s time structure concept and financial market turning points.
Key Claims
- Markets pushing off October 2022 lows as per the Roadmap — Dow, FTSE, All Ords robust; Nasdaq lagging (expected in second half of cycle)
- Liz Truss’s 45-day UK PM stint discussed as classic real estate cycle behavior at a market turning point
- UK housing market “sharpest drop in 2 years” = 0.4% — media fear vs. economic reality
- Central bankers talk up problems to rein in government spending; will later claim victory when things improve
- Guy Fawkes/5 November is a cross-quarter date (mid-equinox/solstice) — the Founding Fathers deliberately placed key US dates on such astronomical points (July 4, March 4 inauguration)
- Halloween/Samhain marks the astronomical cross-quarter between autumn equinox and winter solstice
- Celtic year was divided into 8 sections: 4 solstice/equinox + 4 cross-quarter dates (Samhain, Imbolc, Beltaine, Lughnasa)
- Financial markets often show turns around early November — time has structure
- Catholic Church absorbed Samhain into All Saints’ Day (Nov 1) and All Souls’ Day (Nov 2) — Halloween is the eve