July 7
17 SIT EC y POL
ND denuncia debacle d Globaliz neoliberal y propone State-Social +
Capit-compet in Econ
FOCUS ON G20
ZERO HEDGE ECONOMICS
Neoliberal globalization is
over. Financiers know it, they documented with graphics
Bank of America: No need to lie anymore..
Next 6 months higher interest rates
likely much more negative for stocks & credit given new central bank
policies... summer 2017 = massive inflection point in central bank liquidity
trade…will likely lead to
“Humpty-Dumpty” big fall in market in autumn"
RELATED 1: Roller-Coaster Week Ends Strong As Quant Strategies
Suffer Biggest Losses Since 2003 http://www.zerohedge.com/news/2017-07-07/roller-coaster-week-ends-strong-quant-strategies-suffer-biggest-losses-2003
…
"Maybe instead it doesn’t matter what the Fed does. Sure didn’t in
2008, so why would it in 2014, 2017, or any time hereafter?"
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"IS This easy..."
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Another month, another
rise in minimum wage jobs such as healthcare and education, which is hardly a
surprise but this time an unexpected source of hiring emerged: the government.
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Bonds and Bullion are down.. (and ignore The Fed's fears over
bubbles)...
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WE
need to change the corrupt neoliberal system & re-adapt the Glass Steagal
Act from FDR. VS :
The
solution is a new decentralized way of living that bypasses the chokepoints of centralized
political and financial power.
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There are two important
areas of the market that have historically been good leading indicators of the strength, or weakness, of the markets and
the economy... Oil and retail.
HERE the readings for this weekend:
Politics/Fed/Economy
- Central Banks To Investors: I Know Nothing! by Danielle DiMartino-Booth via Money Strong
- CBO Gets Obamacare Reform Estimates Wrong, Again by Diana Furchtgott-Roth via MI
- Tax Collections Point To Weaker Growth by Lee Adler via Daily Reckoning
- No, The Fed & Bond Market Aren’t Interchangeable by Caroline Baum via MarketWatch
- The Fed Follows Script That Doesn’t Play by Daniel Moss via Bloomberg
- 4-Signs The Economy Is Stalling by Stephen McBride via Mauldin Economics
- The False Premise Of GOP Tax Cuts by Editorial via New York Times
- The Big Problem With The “Stress Tests” by Craig Wilson via Daily Reckoning
- FOMC Minutes Say Nothing New by Peter Boockvar via The Boock Report
- Minimally Convincing by Bryan Caplan via Econolog
- Confidence Boomed, Economy Hasn’t by Neil Irwin via NYT
- Fed Has No Ability To Manage Outcomes by John Tamny via Forbes
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Markets
- Dr. X’s Bubble Detector by Steve Hanke via Forbes
- Bond Market Signals Trouble by Jeff Sommer via NYT
- Has U.S. Shale Wrecked Its Own Recovery by Zainab Calcuttawala via Oil Price
- S&P – A New Price Regime by Sam Ro via Yahoo Finance
- First Step Toward End Of The Bull Market by Akin Oyedele via BI
- Stocks Don’t Look Very Expensive by Gary Smith via RCM
- Oldest Stock Market Indicator Sends Buy Signal by Market Hulbert via MarketWatch
- Markets Are Blindly Ignoring History by Joe Ciolli via BI
- Tech Weakness Hasn’t Killed The Bull Market by Michael Kahn via Barron’s
- PIMCO: We’re Reducing Risk Across The Board by Tyler Durden via ZeroHedge
- Yusko: Get Out Of Index Funds Now Mark Yusko – Via Harvest
- Show Me The Money by Ed Yardeni via Yardeni Research
- Might Not Have Seen The Peak, But We’re Close by Doug Kass via Real Clear Markets
- The S&P 500 Is Becoming One Giant ETF by Tyler Durden via ZeroHedge
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Research / Interesting Reads
- Auto Sales Sag by Wolf Richter via Wolf Street
- The Fast Track To “Carmageddon” by David Stockman via Daily Reckoning
- Residential Rental Vacancy Inflection Point by Mark Hanson via MHanson.com
- Replies To Questions Not Asked Enough by Joe Calhoun via Alhambra Partners
- 2017 First Half Takeaways by Macroman via Global Macro Monitor
- Investors Have Lost Sight of Purpose Of Indexes by Aaron Brown via Bloomberg
- Low-Income Families Spend 40% On Luxuries by Leslie Albrecht via MarketWatch
- Sovereign Debt: The Next Minsky Moment by Alberto Gallo via Bloomberg
- Old Age & The Need For Savings by Ben Stein via The American Spectator
- More Unsurprising Minimum Wage Evidence by Eric Fruits via Truth On The Market
- Leverage Will Make Any Correction Quick! by Jared Dillian via Maulding Economics
- Nope, You’re Not Ready To Retire (Signs) by Katie Brockman via Motley Fool
- Speculators Ignoring Reality by John Hussman via Hussman Funds
- Small Change In The Market? by Dana Lyons via Tumblr
- Helene Meisler: Good Ole’ Technical Analysis 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
In summary: Putin
denied hacking the US election, and "Trump accepted Putin's
assurance." We now await the howls of outrage from the US media.
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RELATED:
The U.S. and Russia
have agreed on a cease-fire in southwest Syria, a U.S. official said Friday.
The deal comes as Russia’s President Vladimir Putin and President Donald Trump
meet for the first time in Germany.
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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
"If a country accepts one of them as its
national currency, the entire national economy could collapse due to currency
volatility. If a country accepts one of them as its national currency, the entire
national economy could collapse due to currency volatility."
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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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GLOBAL
RESEARCH
Global Econ-Pol crisis leads
to more business-wars: profiteers
US-NATO under screen
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COUNTER
PUNCH
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Barry
Lando Trump in Warsaw
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SPUTNIK
and RT SHOWS
The nasty business of
US-NATO-Global-wars uncovered .. pro RU view
NOTHING TO HIDE on G20:
MORE.. later on, but
here some background & advances:
1-
Putin Reveals What He Discussed With Trump During Two-Hour-Long Meeting https://sputniknews.com/politics/201707071055341947-putin-trump-talks-topics/
Russian President Vladimir Putin has commented on the topics
that he and his American counterpart Donald Trump covered in their long-awaited
meeting in Hamburg on Friday.
HAMBURG, July 7 (Sputnik) — Russian President Vladimir
Putin said he discussed at the first meeting with US President Donald
Trump on Friday the situation in Ukraine andSyria, the fight against terrorism and cybersecurity.
"I
had a very lengthy conversation with the President of the United
States, there were a lot of issues such as Ukraine, Syria, other
problems, some bilateral issues," Putin
said at the beginning of his meeting with Japanese Prime
Minister Shinzo Abe.
"We again returned
to the issues of fighting terrorism and cybersecurity," Putin added.
Russian Foreign Minister Sergey Lavrov and US Secretary
of State Rex Tillerson were also present at the talks.
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US, RUSSIA REACH CEASEFIRE DEAL IN SOUTHWEST SYRIA - US OFFICIAL https://sputniknews.com/politics/201707071055341043-trump-putin-g20-talks/
US, Russia and other countries active in the region have
reached a ceasefire deal in southwestern Syria, Reuters reported citing a US
official as saying after the meeting between Russian President Vladimir Putin
and his American counterpart Donald Trump on the sidelines of G20 Summit in
Hamburg on Friday.
The first
ever meeting between the two presidents lasted two hours and twenty
minutes.
Prior
to the meeting, the presidents exchanged pleasantries, shook hands, and said they expected
positive results from their talks in the G20
summit
The Syrian
civil war has been raging for six years, with government forces
fighting against both Syrian opposition groups who strive
to overthrow President Bashar Assad, and numerous extremist and terrorist
groups such as the Daesh and Jabhat Fatah al Sham, both of which are
outlawed in Russia.
Russia and
Turkey are the guarantors of a nationwide Syrian ceasefire regime that
came into force on December 30, 2016 and has been holding up in
general, despite continued reports of violations. The UN Security
Council passed a resolution in December 2016 supporting the effort.
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2-
Lavrov characterized the meeting between Putin and Trump
as constructive, noting that the talks confirmed the shared desire
to search for "mutually beneficial agreements."
"It
was indeed a long and substantial meeting," Lavrov told reporters at a news conference
in Hamburg. "My feeling is that it confirmed that both
presidents are driven above all by the national interests
of their countries and understand these interests in seeking mutually
beneficial agreements, rather than trying to play confrontational
scenarios…"
Russian FM Lavrov Holds Press Conference on Sidelines of G20 Summit (VIDEO) https://sputniknews.com/politics/201707071055338600-g20-lavrov-presser/
Russian Foreign Minister Sergei Lavrov is hold a press
conference at the Hamburg on the sidelines of the G20 Summit, on Friday, July
7.
Lavrov characterized
the meeting between Putin and Trump as constructive, noting that the talks confirmed the shared desire
to search for "mutually beneficial agreements."
He then confirmed
the reports that Putin and Trump have reached an agreement on a ceasefire
in the south of Syria, which
will come into force on July 9.
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DETAILS TO FOLLOW meanwhile
open
OR
IN SPANISH:
OR
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WORDS on PEACE with FACTS
and agenda for WW3: here my doubts before T-P meet:
'Reasonable Behavior'?: Trump 'Doesn't Want a Conflict With Russia' https://sputniknews.com/world/201707071055332678-donald-trump-visit-poland-speech-russia/
US President Donald Trump is seeking to avoid a conflict with
Western Europe, NATO and Russia, former Polish Prime Minister Leszek Miller
told Sputnik Poland.
On
Wednesday and Thursday, Trump visited Poland where he discussed a number
of security and economic issues with the country's leadership.
During
his visit, the United States and Poland signed an agreement
on the delivery of the US Patriot missile systems to Poland.
Touching
upon Trump's speech in Warsaw in an interview with Sputnik Poland, former Polish Prime
Minister Leszek Miller described it as a "very beautiful speech
about Poland and Polish history," during which "there was
no criticism of the European Union, Berlin or Paris."
...
MORE
en this: contradictory words and facts on business to feed WW3
Trump in Poland: ‘Western Civilization’ Must
Defend its Values guess
against whom..
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US Navy to Triple Cruise Missile Firepower on Virginia Nuclear Attack Subs https://sputniknews.com/military/201707071055310166-us-navy-cruise-missiles/
[See the list of big nasty
business by big US-Corp toward WW3 on ND from Jul 1-17 on]
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REACTIONS in the US :
He did
not condemn the US installation of Thaad Misiles in South Korea See Nueva Democ: ND
…
Will
Trump Seek Talks with North Korea or Counter Missile Test with More U.S.
Military Aggression? See Democracy Now
…
In
short:
US people want peace no war. They don’t trust Trump, that is why in many states
people is signing for his impeachment. The
aim is: TO Call referendums in favor of peace and press to depose
Governors n Judges that favor war. US
favor peace, it explain the fake blah-blah on Peace by Trump Personally
I disagree with impeachment, I won’t line behind the Dems’ warmongers. Hillary
favors war too & is worse than Trump. However, Peace is a matter of death and Life and if there is any military aggression on
N-Korea I’ll sign Impt and join the democratic solution inside: Referendum.
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On Syria:
SYRIAN GOVT HAS THE
RIGHT TO DEFEND THEIR STATE-NATION SOVEREIGNTY, and nobody should invade their country (not ISIS, al Nusra
mercenaries paid, trained and armed by US-Nato). They have the right to choose
their own allies and all non-invited military, should be defeated, before
calling new election. Regime
Change is an imperialist-terrorist strategy that caused Mlls death & should
be stopped now.
NO IFS AND BUTS? WHAT'S BEHIND WH'S REPORTED CHANGE OF HEART TOWARDS ASSAD
https://sputniknews.com/politics/201707071055334729-us-assad-syria/
In what appears to be a change of heart, the Trump
administration has reportedly agreed that Syrian President Bashar al-Assad
shouldn't leave his position. However, US activity on the ground raises
numerous questions, experts say, warning about the potential fragmentation of
Syria by Washington-backed militant groups.
Every time the Trump administration says that
Syrian President Bashar al-Assad "mustn't go," it places demands
on the Syrian government, Director of the Center for Middle
Eastern and Central Asian Studies Semyon
Bagdasarov told Radio
Sputnik, adding that the demands are usually followed with US
provocations.
On
July 6 Spencer Ackerman
of the Daily Beast reported that the Trump administration has allegedly
introduced a new strategy for Syria.
Citing
administration and congressional sources, the journalist elaborated that the
new strategy involves allowing Assad to remain in power; acquiescing
to the idea of "safe zones" proposed by Russia and its
allies; and Russo-American military cooperation to stabilize the situation
on the ground "including the use of Russian troops
to patrol parts of the country."
Meanwhile,
ahead of the first-ever meeting between Russian President Vladimir
Putin and his American counterpart, US Secretary of State Rex Tillerson
signaled Thursday that Washington is mulling over whether to team
up with Russia on Syria.
"The
United States and Russia certainly have unresolved differences on a number
of issues, but we have the potential to appropriately coordinate
in Syria in order to produce stability and serve our mutual
security interests," Tillerson
said in an official
statement.
"The United States believes Russia, as a
guarantor of the Assad regime and an early entrant into the Syrian
conflict, has a responsibility to ensure that the needs of the Syrian
people are met and that no faction in Syria illegitimately re-takes or
occupies areas liberated from ISIS' (Daesh) or other terrorist groups'
control," he added.
However,
Bagdasarov expresses skepticism about the Trump administration's latest
change of heart in Syria.
"It
is not the first time that Washington has declared that they are not against the
Bashar Assad government. But at the same time (usually) it makes a lot
of reservations," Bagdasarov
told Radio Sputnik.
For instance, the White
House announces that Assad can stay in power if he does not use chemical
weapons and then suddenly provocations involving the use of chemical arms
occur. The US authorizes would then auntorize strikes against the Syrian
government forces, the scholar elaborated.
According to Bagdasarov, it's almost impossible that
Washington will ever give up the idea of ousting Syrian President
Assad. What then lies at the root
of the current shift?
Bagdasarov believes that the "leaks" concerning the White
House's new Syrian strategy indicate an ongoing internal struggle
in Washington.
"The infighting between [power] groups
is raging on. Perhaps, someone really wants [to reconsider the US stance
on Syria] within the State Department, for example. However, the
Department of Defense apparently doesn't want this. There are different
trends," Bagdasarov told Radio
Sputnik.
"At the same time [the US] is creating new military infrastructure
in the northwest [region of Syria] and additionally deploying a base
in Tabqa, where the largest hydroelectric power station on the
Euphrates [is located]. [Washington] is taking Syria's water, oil, gas
under its control and simultaneously issues statements on [Russo-American]
cooperation," the scholar
emphasized.
Boris
Dolgov, senior research fellow at the Institute for Oriental Studies
at the Russian Academy of Sciences, shares Bagdasarov's
concerns.
In his
op-ed, Ackerman noted that the US is not going to hand territories taken
from Daesh over to Assad. It was reported that the Pentagon would
rather cede these territories to its allies on the ground,
for example, the Kurdish-dominated Syrian Democratic Forces (SDF).
"If
the US takes that step, this will contradict all international norms," Dolgov highlighted, "This
will prompt an appropriate response from both the Syrian leadership and
its allies. Therefore, in any event, if these actions are taken [by the
US], they could further aggravate the conflict."
Dolgov underscored that the US has
no legitimacy to hand the Syrian territories retaken from Daesh
to the SDF or any other of Washington's allies on the ground.
"Such
decisions, if made by the American side are, first, absolutely illegal and
illegitimate, since the Syrian leadership headed by President Bashar
Assad is a legitimate body and represents the Syrian Arab Republic, and its
jurisdiction extends throughout the territory of Syria," the
Russian academic stressed.
Dolgov added that the US presence in Syria has absolutely no legal
basis, because the UN didn't provide Washington a mandate for any activity
in Syria. Neither did Syria's legitimate government invite the US military
forces into the country.
To complicate matters further, US
activity in Syria may lead to the fragmentation of the country, Vladimir Sotnikov, a senior researcher at the Institute of Oriental
Studies of the Russian Academy of Sciences (RAS), believes.
Sotnikov pointed out that if
the US hands out territories retaken from Daesh to its allies
on the ground, Syria will be divided between various military groups.
"If
such a decision is made [by Washington], if it takes place, then this will lead
only to… the federalization of Syria, and the termination of the
existence of Syria as a single unitary state," Sotnikov told RIA Novosti, stressing that, for its part,
Moscow calls for maintaining Syria's unity, sovereignty and territorial
integrity.
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READ MORE AT:
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RT
SHOWS
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WASHINGTON
BLOG
Flash points on US politics:
internal contradict.. Hugh Smith good articles reproduced
NOTICIAS
IN SPANISH
Latino America fight to
break with collapsing Empire: leftist
view on alternatives
PRESS
TV
Global situation described
by Iranian observers.. Titles distorted n incomplete sentences
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