miércoles, 8 de febrero de 2017

FEB 8 17 SIT EC y POL



FEB  8  17  SIT EC y POL


ZERO HEDGE.  ECONOMICS

Once again European concerns are front and center...


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It appears the ugly reality under the polished turd of payrolls headlines is leaking out into the market as Treasury yields are accelerating their decline this morning...
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With bond yields tumbling, and loan markets suggesting banks are not taking advantage of rising rates to earn more NIM (willingness to lend tumbling), financial stocks are tumbling for the second day in a row to a key technical support level...
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More debt and less discipline is not the solution to a pre-existing condition characterized by the same. The price tag for failing to acknowledge and address that reality rises exponentially over time.
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The stock market is clearly due for at least a small pullback. Of course it’s coming but it doesn’t seem, from all of the statistical data below, to be coming tomorrow. But soon enough the pyrotechnics will be alive, and just when you think they are over, more larger fireworks will explode.
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We are in the midst of a structural, secular change and policy makers / central bankers insistence that it is just a transitory issue in need of more rate cuts and more credit to ''restart the economy" is absolutely ridiculous.
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Since President Trump's election, Small Cap Russell 2000 stocks have outperformed (almost double the S&P 500). However, those gains have come at a cost - the price to protect against Small Cap stock losses relative to S&P 500 stocks is near its highest since 2006.
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While it was less surprising that today's 10Y ended up being poorly digested by the market, the market was clearly shocked by just how bad today's sale of $23 billion in 10Y paper went, which priced at a high yield of 2.333%, a huge 1.9bps tail to the 2.314% When Issued. This was the biggest tail in the issue going back all the way to March of 2016.
In kneejerk reaction the entire curve has sold off, paring today's gains, but the most surprising reaction was in the USDJPY, which soared by some 30 pips, spiking from 11.750 to above 112.000 immediately, before retracing some of the losses.


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"I find myself in the strange situation of cheering Donald Trump’s nascent program of economic renewal for the US, while worrying deeply about the domino effect that may topple a dollar-based global financial system whose health has relied greatly on benign neglect by the United States."
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With the Trumpflation rally fizzling with every passing day, the only question asked by traders is "Is it time to sell the market?" According to Bank of America, the answer, at least for now, is no. Here are the seven rules and indicators Bank of America uses to make that determination.
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POLITICS


"Even the children of the founders of Facebook" will now receive free community college education in San Francisco, Supervisor Jane Kim proudly commented as city leaders agreed to become the first city in the nation to offer its citizenry this 'basic human right'.
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To clean up Washington, send the swamp creatures packing...
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Moments ago, the Senate has voted to confirm Sen. Jeff Sessions (R-Ala.) as attorney general in a 52-47 vote that went along party lines, following days of rigorous discussion and capping a vicious debate that left Democrats and Republicans alike seething, and Elizabeth Warren barred from speaking.
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Lately, there’s been a lot of rhetoric comparing Donald Trump to Adolf Hitler. The concern is that a Nazi-type regime may be rising in America. That process, however, began a long time ago. Can the Fourth Reich happen here? It’s already happening right under our noses.
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A new Emerson College poll has found that American voters find the Trump administration to be substantially more truthful than the news media. The Trump administration is considered truthful by 49% of voters, compared to only 39% who view the news media as truthful.
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WORLD ISSUES and ME


"Yemen continues to cooperate with the United States and continues to abide by all the agreements... [but the Yemeni government] is involved in talks with the U.S. administration on the latest raid."
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S-400 air defense systems around Moscow were put on high combat alert Wednesday as part of a surprise nationwide combat readiness drill for the Russian Air Force which was meant to test how prepared Russia is to repel a possible attack.
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It appears the machines were primed (or someone had coordinated) as the weak 10Y Treasury auction has sparked a notable surge in USDJPY (Yen selling) and Gold weakness as the world's biggest pairs trade continues...
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 Father Daniel has been a witness to the “civil war” and according to him, Western reports on the conflict in Syria are very misleading. In short: “the Americans and their allies want to completely ruin the country.”
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Despite new sanctions by the Trump Administration and an escalating war of words regarding its ballistic missile program, Iran is continuing to push ahead with plans to maintain oil production at around 3.8 million bpd, the level agreed upon at the November OPEC meeting last year. In order to do so, Iran will need to attract billions in new investment, as its current production is based on aging fields and crumbling infrastructure.
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In total, the PBOC has drained a total of CNY715 billion in liquidity so far this week, primarily as a result of maturing reverse repos which the central bank refuses to roll over.
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DEMOCRACY NOW


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GLOBAL RESEARCH


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INFORMATION CLEARING HOUSE


Lots of Shouting, Tiny Stick  By Pepe Escobar
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COUNTER PUNCH


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SPUTNIK and RT SHOWS


Related 1
RU-IRAN: demonized & Econ sanctions were not enough .. US-NATO
rounded up with heavy weapons of mass destruction -including Nukes. 
RU-Iran China viven rodeados de lobos e impiden enciendan hogueras.
El día que NATO inicie WW3 recibirá doble ración de su propia medicina.
Related 2
US Senators Introduce Bill Requiring Approval for Lifting Anti-Russia Sanctions  https://sputniknews.com/us/201702081050481495-russia-sanctions-us-congress/
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Related 4
Trump Could Act ‘Quickly’ To Send F-16s To Bahrain and Missiles to Saudis   https://sputniknews.com/military/201702091050490180-trump-act-quickly-saudi-bahrain/
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Trump Tells Xi Jinping Looks Forward to Developing 'Constructive' Relations  https://sputniknews.com/politics/201702091050490664-trump-jinping-constructive/
Related
Constructive? YES: Putin Expected to Take Part in Silk Road Summit in Beijing in May  https://sputniknews.com/politics/201702091050490994-putin-take-part-silk-road-summit/
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RT SHOWS

Si cae el UK, cae todo el montaje imperial del Oeste (le seguiría Italia, Francia y las secesiones regionales como en Spain) Como podrían detener la debacle imperial del oeste?. Unos temen que con la 3ra Guerra mundial. Y Ru, China e Iran dicen estar listos para ganarla. Otros piensan que eso aceleraría la caída imperial del oeste; la confiscación de las grandes empresas y arribo de un nuevo imperio. Finalmente hay quienes consideran que habrá transición pacífica  (no winners no losers. Todos ganan en un mundo multipolar sin nukes). Eso significa que primará la tesis MAD or Mutual Asure Destrucción y ambas potencias negociaran el total desmontaje de las ojivas nucleares y tres o cuatro monedas mundiales para facilitar comercio justo y competencia  productiva sin monopolios ni capital buitre o usurero. Me inclino por esta imagen del nuevo mundo multipolar (sin imperios ni la  primacía del petro-dólar). Solo tendremos la primacía del oro como base de las nuevas monedas.
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WASHINGTON BLOG



RU-IRAN: demonization & sanctions were not enough .. NATO round
up them with heavy weapons of mass destruction -including Nukes.  
RU-Iran China viven rodeados de lobos, se impide enciendan hogueras.
El día que NATO inicie WW3 recibirá doble ración de su propia medicina
[ Title rectified to fit the content ]
1.
NATO Expansion vs. Russia


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NOTICIAS IN SPANISH


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Ecuador 2017 ¿La izquierda contra la “izquierda”?  J. Á. Téllez Villalón
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-Tierra, territorio y vida  Jesus González
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Perú   Un gobierno secuestrado  César Zelada
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PRESS TV


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