JUN 30 17 SIT EC y POL
ND denuncia debacle d Globaliz neoliberal y
propone State-Social + Capit-compet in Econ
ZERO HEDGE ECONOMICS
Neoliberal
globalization is over. Financiers know it, they documented with graphics
The thundering herd of "individuals"
shifted awkwardly as June came to an end...
US Economic data in Q2 was the
most disappointing since Q2 2011...
June was a rollercoaster:
- Nasdaq's worst month since October (breaking a 7 month win streak)
- FANG Stocks worst month (first losing month) since November
- Dow best month since February
- Small Caps best month since November
- Risk-Parity Funds lost 1.6% in June - the first loss since November
- 10Y Treasury Yield biggest rise since November
- Treasury Yield Curve unchanged.
- Gold's worst month since November
- USD Index feel for 5th of last 6 months
- WTI fell for 4th straight month (despite last 7 days up - best streak in 6 months)
Small Caps were the biggest gainers in June, Nasdaq the
biggest loser... the S&P (light green) bounced of unch for June yesterday
and its 40DMA
FANG Stocks could not catch a bid...
The Dollar Index tumbled in June to its weakest since Sept
2016...
By a miracle of modern algos, the 2s10s Treasury curve ended
June perfectly unchanged thanks to the dramatic steepening in the last 4
days...
…
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As the Fed is in the midst of a rate hike cycle, it seems
important to remember
why this cycle is like no previous rate hike cycle. The
mechanics of this hiking cycle are completely unique and experimental...thus the
outcome is far more of an unknown than "normal".
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Yea.. sure
"Two
ways to cure inequality...you can make the poor richer...or you can make the
rich poorer...Fed/ECB now tightening to make Wall St poorer."
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Benjamin Franklin supposedly said, “In this
world nothing can be said to be certain, except death and taxes.” If
old Ben were still around he would surely add “debt” to his famous saying.
"[Stocks] are a fragile thing. One minute you’re chewin’ on a
burger, the next minute you’re dead
meat."
HERE the readings for
this weekend
Politics/Fed/Economy
- When The Fed Worries About Overheating Economy, Watch Out by Pedro Da Costa via BI
- Yes, The Fed Is Holding Down Interest Rates by Joseph Salerno via Mises Institute
- GOP Can No Longer Repeal Obamacare by Tyler Durden via ZeroHedge
- What’s The Matter With Health Care? by Caroline Baum via MarketWatch
- How The Fed Handles Stability Is Key To Avoiding Crisis by Edward Harrison via Credit Writedowns
- Not Secular Stagnation, The Reality Of Slow Growth by John Mauldin via Mauldin Economics
- The False Premise Of GOP Tax Cuts by Editorial via New York Times
- Did She Just Say What I Think She Said by Mike O’Rourke via Hedgeye
- Here’s The Real Health Crisis In America by Jake Novak via CNBC
- The Seattle Minimum Wage Study by Alex Tabarrok via Marginal Revolution
- Yield Curves & Fed Mistakes by David Keohane via FT Alphaville
- Rate Hike? What Rate Hike? by Jeffrey Snider via Alhambra Partners
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Markets
- Will U.S. Drillers Drive Oil Prices Into The Ground by Danielle DiMartino-Booth via Money Strong
- Uncomfortably Numb by Eric Parnell via Seeking Alpha
- Trader Warns We Are In A Lot Of Trouble by Tyler Durden via ZeroHedge
- Stock Market Sending Yellen A Crucial Message by Joe Ciolli via BI
- Markets Have Been Too Good For Investors by Michael Santoli via CNBC
- Oil’s In A Bear Market, Stocks To Follow by A. Gary Shilling via Bloomberg
- Stockpicking Is Only Slightly Better Than Lottery by Paul Merriman via MarketWatch
- The Move In Stocks & Bonds Is Dangerous by Peter Tchir via Forbes
- There Is No Such Thing As An Einstein Investor by Robert Shiller via NY Times
- The Bulls Are Still Winning by Michael Kahn via Barron’s
- Stocks Don’t Become Less Risky by Mair Statman via MarketWatch
- RIP? Death Of Diversification by Tae Kim via CNBC
- David Rosenberg: Stock Market In Denial by Stephanie Landsman via CNBC
- Might Not Have Seen The Peak, But We’re Close by Doug Kass via Real Clear Markets
- Investors Should Hang In There Even With A Correction By Byron Wein via Real Clear Markets
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Research /
Interesting Reads
- “Tightening” Slugfest At The Fed by Wolf Richter via Wolf Street
- America’s Silent Crisis by Zach Scheidt via The Daily Reckoning
- If This Isn’t A Housing Bubble, Would Hate To See One by Mark Hanson via MHanson.com
- What Darwin Owes Adam Smith by Matt Ridley via Foundation of Economic Education
- Really Stupid Things Uttered By Really Smart People by Doug Kass via Real Clear Markets
- Investors Have Lost Sight of Purpose Of Indexes by Aaron Brown via Bloomberg
- It’s Financial Suicide To Own A Home by James Altucher via James Altucher
- Nope, You Can’t Afford That New Car by Catey Hill via Moneyish
- 10-Harmless Mind Tricks To Make People Like You by Travis Bradberry via CNBC
- Hold Up On That $15/hr Minimum Wage by Noah Smith via Bloomberg
- Leverage Will Make Any Correction Quick! by Jared Dillian via Maulding Economics
- Ultimate Symbol of Pre-Recession Boom Is Back Ana Swanson via Washington Post
- Nope, You’re Not Ready To Retire (Signs) by Katie Brockman via Motley Fool
- Two Main Supports Now Missing by John Hussman via Hussman Funds
- Stock Speculators Take Record Risk by Dana Lyons via Tumblr
- Yes, Bitcoin Is A Bubble by Jesse Felder via The Felder Report
….
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POLITICS
La seudo democ y sist duopolico es obsoleto por fraudulento y
corrupto. Urge cambiarlo
"Considering
the enormous social needs that cannot be met because of the massive
cost of these orchestrated wars, one would think
that the American people would be asking questions about the purpose of these
wars. What is being achieved
at such enormous costs?"
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Did
Obamacare Really Save Lives? Yea .. sure
One of the popular objections to GOP reform is that ObamaCare saved
thousands of lives per year, and hence that tinkering with it will literally
kill lots of people. There's just one problem - the data suggest that if anything, ObamaCare
actually caused more Americans to die.
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No vital U.S. interest requires us, in perpetuity, to be willing to go
to war to defend South Korea, especially
if that war entails the risk of a nuclear attack on U.S. troops or the American
homeland...
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"And of course, it’s so ironic that he the most American of patriots
is living in Moscow because he
has to. It’s the
only country in the world that would
give him asylum - in
other words it’s the only country in the word that
can deny the US what it wants which
is Snowden.”....
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WORLD ISSUES and ME
Global depression is
on…China, RU, Iran search for State socialis+K- compet. D rest in limbo
"The borrower is the servant of the lender, and through the
mechanism of government debt virtually
the entire planet has become the servants of the global money changers. .."
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DEMOCRACY NOW
US politics crisis:
Trump captured by Deep state to reproduce old cronyism without alter-plan
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COUNTER PUNCH
Paul Street Beyond
Inauthentic Opposition
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Joseph Natoli What
the Democratic Party Should Know
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Brian Cloughley NATO’s
Expanding Military Frontier
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Manuel E. Yepe The
Vicious Cyber-War Against Venezuela
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Maxim Nikolenko Planting
“Regime Change” in Venezuela
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SPUTNIK and RT SHOWS
The nasty business of
US-NATO-Global-wars uncovered .. pro RU view
The Russians ARE COMING..
WELCOME!
Radio Sputnik Starts Broadcasting in Washington DC on FM Station https://sputniknews.com/us/201707011055133777-radio-sputnik-fm-station-broadcast/
Attention senators,
representatives and any fun-loving radio listeners in Washington, DC: Radio
Sputnik is now available at 105.5 FM 24/7 and you don’t want to miss a second
of its broadcast.
Sputnik News spoke to several members of its radio team
to get their perspectives on the new radio station and what it means
for the political conversation in DC. Eugene Puryear, whose
show By Any Means Necessary draws from a Malcolm X quote about how
to achieve black liberation, said that his show is one "that I think
really tries to capture a lot of the energy for the movement
for black lives, or the climate justice movement, that are moving young
progressive people but are also trying to tie that framework
into how we look at current events."
Puryear
said that he relished the chance to give less amplified voices a platform
to be heard. "Really, that is one of the things I'm most
excited about is to be able to tell the stories that everyone is
talking about, but from the point of view of people that you
rarely hear… and also to follow up on stuff. You hear about a
police shooting – what's going on six months later, who's doing what, how
are different things happening?"
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Washington and Berlin on a Collision Course https://sputniknews.com/columnists/201706301055121126-washington-berlin-collision-course/
The
Russia sanctions bill that passed the US Senate by 98:2 on June 15 is a
bombshell; it directly demonizes the Nord Stream 2 pipeline, under the Baltic
Sea, which is bound to double Gazprom’s energy capacity to supply gas to
Europe.
The 9.5
billion euro pipeline is being financed by five companies;
Germany's Uniper and Wintershall; Austria's OMV; France’s Engie; and
Anglo-Dutch Shell. All these majors operate in Russia, and have, or will
establish, pipeline contracts with Gazprom.
In a joint statement, German Foreign Minister Sigmar Gabriel and
Austrian Chancellor Christian Kern stressed that, “Europe’s energy
supply is a matter for Europe, not the United States of America”;
“instruments for political sanctions should not be tied to economic
interests”; and the whole thing heralds a “new and very negative quality
in European-American relations”.
A top US intel source, Middle
East-based and a dissident to the Beltway consensus, stresses how, “the
United States Senate by a nearly unanimous vote have decided
to declare war on Russia (sanctions are war) and Germany has threatened
retaliation against the United States if it initiates sanctions.
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China, Brazil Need to Boost Cooperation on Clean, Renewable Energy https://sputniknews.com/latam/201707011055135993-china-brazil-cooperation-clean-energy/
China
and Brazil have a solid foundation of cooperation in the energy sector, and
they need to boost cooperation on clean energy, Chinese ambassador to Brazil,
Li Jinzhang, said Thursday.
In
addition to oil and electricity, "we need to boost cooperation
on technology and investments in new, renewable energy. We put a lot
of trust in this cooperation," Li told Xinhua.
Talking
about Brazil's role in the energy cooperation in Latin America,
the Chinese ambassador said, "the Brazil-China cooperation is a
strong role model for Latin America and the entire world."
Representatives in the
field of renewable energy from four countries — China, Brazil,
Uruguay and Chile — participated in the meeting.
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From Cyberspace to Nuclear Deterrence: How NATO Will Boost Its Combat Potential https://sputniknews.com/world/201706301055105867-nato-defense-ministers-potential-spending/
During a
meeting in Brussels earlier this week, NATO's defense ministers specifically
agreed on strengthening the defense potential of the alliance and discussed the
future of a NATO mission in Afghanistan.
The
meeting was held a month after a NATO summit where participants made new
decisions on the growth of the alliance's defense spending,
in line with their previous obligations and US demands.
From Cyber Defense
to Nuclear Deterrence
According
to NATO chief Jens Stoltenberg, the new objectives are also related
to training the existing NATO military units and the creation
of additional ground, maritime and cyber forces.
US
Defense Secretary James Mattis told reporters that these plans pertain to
"everything, from cyberspace to nuclear deterrence."
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RT SHOWS
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SophieCo World
learned a lesson: in Middle East it’s either dictator or anarchy – ex-US govt
adviser
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NOTICIAS IN SPANISH
Latino America fight
to break with collapsing Empire: leftist
view on alternatives
La Organización Mundial del Comercio Alejandro
Teitelbaum
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Los derechos de los ríos Jens Benöhr y Tomás González
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PRESS TV
Global situation
described by Iranian observers.. Titles distorted n incomplete sentences
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