Luther James Jensen was born
in 1900 and raised in Saint Paul, Minnesota, where he graduated in 1922. He entered the financial sector in New York, and worked for George E. Liggett and Associates until around 1930. Jensen then moved
to Kansas, where he opened the Kansas City Bureau of Economic Research
in 1931 which was his
business for over 25 years. For the Roosevelt-administration he authored
economic forecasts (e.g. Major Trends in American Economics from 1492 to 1950: An Analysis and a Forecast), but also wrote on war and peace cycles, radio communication technology or migratory locusts (The Locust Years After 1940). During the same period one of his major private
clients
became W.D. Gann. Though apparently Jensen himself was never an active
trader, already in
1935 he published a booklet called Astro-economic Interpretation: A Mundane Astrology Notebook; Fundamentals of Economic Forecasting which primarily relied upon transiting
aspects and horoscopes of companies. Today this very dense book is considered
one of the bona fide classics and finest "How-To" guidelines on financial
astrology ever written. Throughout the 1940s Jensen wrote the astro-financial
column Market Perspective, which was published in the American Astrology magazine.
Soon after
W.D. Gann died in 1955, Jensen closed down his Kansas City
Bureau of Economic Research to work for B.C.
Christopher and Co. in New York from 1957 until his retirement in 1971. Then, in
1978 at the age of 77, Jensen summarized his
life's work in a new, updated and expanded edition of Astro Cycles and Speculative Markets. Over
50 years of study, research, and actual application of his concepts in the
stock and commodity markets have proven Jensen to be one of the great
astro-economic analysts of all time. Jensen took an approach that used standard aspect qualities (trines
favourable, squares negative, etc.) and standard planet qualities such as
Jupiter increasing prices, Saturn depressing prices. One of the problems with
much of this early work is that it gives astrological indicators but provides little
verification. In 1981 L.J. Jensen passed away in Shawnee, Kansas. Hard- and e-copies of his Astro Cycles and Speculative Markets are still available today, and
his methods applied by some of the most successful private traders and
large companies around the globe. The following is Jensen's introduction to financial
astrology:
