Seems like the only time you hear about FOX Business is when they’ve done something so irresistibly mockable that people can’t help writing about it, despite the fact that no one seems to be watching FBN.
But I sure wish I’d been watching last Tuesday. On the Dec. 11 Money For Breakfast, Fred Barnes interviewed astrologer Constance Stellas to help predict how much the Fed would cut interest rates. An astrologer. Who wrote “The Everything Sex Signs Book” and “The Astrology Gift Guide”. On a business show. On a business channel.
Let that sink in for a bit.
Stellas predicted that Fed Chief Ben Bernanke would cut the interest rate by half a point. The image above shows the list of Bernanke’s traits as a Sagittarius that helped Stellas make her prediction. Bernanke cut rates by a quarter point. The Dow dove 294 points.
FOX Business was supposed to bring “fun” to business news. I can just imagine one of the seven people watching FBN thinking, “Hey, I just saw thousands of my hard-earned dollars evaporate because I made investment choices based on the advice of an FBN-sanctioned astrologer. Am I having fun yet?”
And yes, on December 13, Bill O’Reilly attempted to rebut Jane Hall when she said that Tim Robbins made some valid criticisms of the way the press covers John Edwards by saying:
O'REILLY: But Von Ribbentrop in the Nazi hierarchy made valid points, Jane.
And who is Ribbentrop? Media Matters looked into it:
Nazi Foreign Minister Joachim Von Ribbentrop was indicted for crimes against peace, war crimes, and crimes against humanity by the Nuremberg International Military Tribunal. Ribbentrop was found guilty on all counts and executed.
Guess that damn liberal Nuremberg Tribunal didn’t think Ribbentrop’s points were that “valid”. But Bill O’Reilly does. Kind of makes you think...

All of us like to think that we are not affected by the stars. That's just mumbo jumbo we say.
But astrology can be useful for making long term predictions about the financial markets. Archie Crawford www.crawfordperspectives.com
has one of the best records for market timing around. Generally, markets tend to go up into full moons, down into new moons, and change direction on lunar eclipses; agricultural markets correlate the most to astrological events.
Note that India's major financial newspaper has an astrology report on the front page, everyday.
Normally, financial news reporters call up Arch, but he lives in Arizona and is not normally up at 4:30 AM, so that's possibly why Fox called upon Stellas.