Financial Astrology

A decade of one crisis succeeding another, have clearly demonstrated that at time of turmoil the market is a lagging indicator for the economy, and not as postulated by financial theory.

In science when an underlying assumption is negated, a theory has to be recreated. Therefore, if we claim that finance and economics are scientific then it's time to toss away the books and go back to the drawing board. Alternatively, we can simply admit that astrology is as predictive as economics, and we should all go outdoors to watch the stars. At least with astronomy, we have no illusion that we are in control.