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Predictions for Bull Market borne out as Dow tops 12,000!
Global Country of World Peace Press Release Translate This Article
19 October 2006
Dow and S&P soar 10% during first 88 days of Invincible America course, new research shows
Adds $1.5 Trillion in Corporate Net Worth
Wall Street Boom to Surge Ahead
THE ASSOCIATED PRESS (OCTOBER 18): The Dow Jones industrial average swept past 12,000 for the first time Wednesday, extending its march into record territory as investors grow increasingly optimistic about corporate earnings and the economy.
The Dow Jones Industrial Index and the S&P 500 posted total gains of approximately 10%, with the Dow repeatedly hitting all-time record levels and the S&P reaching a 5.5-year high, during the first 88 days of a major scientific demonstration project to monitor the effects of a group of 1200 advanced Transcendental Meditation experts on national economic, social, and even climatic trends.
The project, entitled the 'Invincible America Assembly,' is being held at Maharishi University of Management in Fairfield, Iowa, and is being funded by a $12 million annual grant from the 'Howard and Alice Settle Foundation for an Invincible America.'
The results of a sophisticated econometric analysis by Dr. Ken Cavanaugh, Professor of Applied Statistics at Maharishi University of Management, were released today after the Dow broke 12,000 for the first time, fulfilling predictions publicly announced before the course for a record-breaking bull market and a robust economy.
Dr. Cavanaugh said the behavior of the Dow and the S&P during the past 88 days are in marked contrast with the period prior to the course, when the Dow was decreasing on average slightly less than 0.02% percent per week from January 1, 2000, through the week prior to the course. For the same period, the S&P 500 Index was decreasing at an average weekly rate of more than 0.04%.
However, immediately following the start of the course on July 23, there was a dramatic change in the direction of both indexes. Both shifted suddenly to a strong positive average rate of growth of approximately 0.8% percent per week.
'Time series impact assessment analysis confirms that this change is highly statistically significant,' Dr. Cavanaugh said. 'The probability of observing such a large increase in the rate of growth purely by chance is less than 3 in 10,000 for the S&P 500, and 7 in 10,000 for the Dow.'
According to Dr. John Hagelin, world-renowned quantum physicist, who is directing the scientific demonstration project, the group of 1200 Transcendental Meditation-Yogic Flyers are 'creating coherence in national consciousness-generating confidence, optimism, and positivity in the national mood. Sociologists as well as economists are aware that the markets are an extremely nimble and sensitive barometer of the collective consciousness,' Dr. Hagelin said.
Since the course began:
• The Dow has soared over 1000 points—with its best third quarter in a decade—while the S&P rose to its highest levels in over five years, adding an estimated $1.5 trillion to America's corporate net worth
• The price of oil, which peaked at $78 a barrel in mid-July, plummeted more than 25% to below $58 a barrel—with gas prices dropping 25% as well
• Consumer confidence has risen to its highest levels this year
• U.S. unemployment rate dropped to a five-year low
• Dire forecasts of a destructive Atlantic hurricane season have proven unfounded, as no hurricanes struck U.S. shores this year, saving the nation an estimated $200 billion in hurricane costs compared with last year, when Katrina alone caused an estimated $150 billion in damages.
Dr. Hagelin, who also serves as the Director of the Institute of Science, Technology and Public Policy at Maharishi University of Management and Minister of Science and Technology of the Global Country of World Peace, explained that changes in the weather can arise from changes in the collective behavior of society due to the 'acute sensitivity of the nonlinear partial differential equations governing the weather to small changes in initial conditions'—a scientifically established phenomenon popularly known as the Butterfly Effect.
Extensive published research documents the Maharishi Effect
The positive developments over the past 88 days are consistent with prior studies, Dr. Hagelin said, citing extensive research published in leading, peer-reviewed scientific journals, which documents reduced negative trends, including reduced crime and violence, and improved economic and social trends when as few as the square root of one percent of a population practice Yogic Flying together in a group.
Scientists named this phenomenon the 'Maharishi Effect' after His Holiness Maharishi Mahesh Yogi, the renowned Vedic scholar who founded the Transcendental Meditation program, and who predicted the beneficial impact of group meditation on social trends as early as 1975.
Momentum for national transformation is about to accelerate
Dr. Hagelin emphasized that, as significant as the economic developments of the past 88 days have been, the momentum for national transformation is about to accelerate, with another 500 to 1000 Yogic Flyers joining the group of 1200 Yogic Flyers at Maharishi University of Management in the coming weeks to produce an even more powerful influence of coherence in collective consciousness.
'This is not wishful thinking,' Dr. Hagelin said. 'This is hard science that has been field tested for over 50 years and documented through more than 600 studies conducted at over 250 independent universities and research institutes throughout the world.'
Dr. Hagelin added that similar groups of TM-Yogic Flyers are now being established in 39 more countries to create a 'Ring of Invincibility' around the world-to boost the global economy and create a powerful influence of peace worldwide.
MONDAY, AUGUST 21, 2006
Tune In, Turn On, Outperform?
THERE MAY NOT BE A MATHEMATICAL WAY to beat the market, but early returns of an intriguing new study show another way could be possible—better returns through active consciousness-raising.
It all relates to the effect produced when a critical mass of people gets together to practice advanced Transcendental Meditation, producing an underlying field of 'pure consciousness,' known as the 'Maharishi Effect,' after the physicist who introduced TM in the U.S. nearly 50 years ago.
It so happens such a group has been gathering once again in the Fairfield, Iowa, home of Maharishi University of Management, to deal with a threat to world peace. But the positive vibes extend to other aspects of society, including the financial markets.
'We didn't come together to boost the markets, but it's a nice side effect,' says John Hagelin, a physicist who directs the Institute of Science, Technology and Public Policy at MUM. 'Sociologists as well as economists are aware that markets are an extremely nimble and sensitive barometer [of] the collective mood.'
So far, the mass meditation seems to be having a beneficial effect on the market. In the weeks since the meditation began July 23, both the S&P 500 and the Domini 400 Social Equity Index have risen on average 0.7% per week, to say nothing of the Nasdaq, says Ken Cavanaugh, a professor of applied statistics at MUM who has been researching the meditation's market effects. That compares to a weekly decrease of an average of .06% going back to 2000, when Bush took office.
'If you maintain that rate of increase for awhile, you're going to have a phenomenal effect,' says Cavanaugh.
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