miércoles, 29 de noviembre de 2017

NOV 28 17 SIT EC y POL



NOV 28 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

To see our Econ situation today OPEN:

Here one graphic that show the on current debacle:
Stocks remain massively decoupled from FX carry...
And entirely decoupled from bonds...

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... one would have to go back to some time in early 1929 to be looking at the kind of returns that a balanced "60/40" portfolio is generating today. 

RELATED:  Tilt! Game Over...


"Much of the world is now embroiled in an economic game similar to pinball. The stakes are becoming ever greater, the flipper buttons are being pressed ever faster, and those who are desperately attempting to keep the collapsing system going are shoving the table ever more recklessly..."
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After one poor and one mediocre auction, today's sale of $28 billion in 7 year paper was a fiasco, stopping at 2.23%, a massive 1.7bps tail to the 2.213% When Issued, if below last month's 2.28% courtesy of the ongoing yield curve flattening which increasingly include the belly of the curve.
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Go to the original doct:  Authored by David Stockman via Contra Corner blog, to rely on dates

"So what you have is a sharply downward sloping taper of tax cuts and revenue losses, which makes the bill a classic Keynesian deficit stimulus through the tax code, not a supply side incentive driver; and one so tangled up in the nation's fiscal strait-jacket that it ends up in political la la land."
US taxes are always too high and should be cut along with parallel reductions in spending and the deficit. But short of that, it is hard to say that American producers struggle under some kind of severe competitive disadvantage in the global economy.
In fact, only Ireland, Chile and Mexico have lower tax burdens among all OECD countries, and the US rate at 26% of GDP is actually one-fourth lower than the OECD average.

Graphic blocked.. though you can try here:
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"What do ETFs, Risk Parity, Target Vol, Low Vol Short Vol vehicles and trend-chasing algos have in common? They all share the following risk factors: long-only, fully invested when not leveraged-up, short vol, short correlation, short gamma. Thanks to QE and NIRP, the whole market is becoming one single risk position."
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"Professional state employees should make a good living, but they are not entitled to make a killing.  These excessive pockets of gluttony that are deeply disturbing..."
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"Repeated decisions by city officials have left the city with a staggering debt burden of $37.4 billion, according to TIA's analysis of the most recent financial filingsThat burden equates to $41,700 for every Chicago taxpayer."
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WTF!
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Even Trump confessed disappointment with current Econ situation:


The Treasury Bill market is turmoiling once again as the yield spread between 12/7 and 12/21 widens to 12bps after President Trump cast doubt on whether he and congressional leaders can agree to keep the government open.
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POLITICS
La seudo democ y sist  duopolico es obsoleto por fraudulento y corrupto. Urge cambiarlo


"As frustrating and dysfunctional as the current political environment is, we need to remember that we’re still only one year apart from the 2016 election. The clownish “resistance” to Trump rooted in Russia conspiracy fantasies is still very young in the tooth, and I’m optimistic a certain percentage of this group will eventually see the error of their ways and move on."
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I did think she was very, very dangerous. We would still be tracking, we would be at war [if she was president]. It wouldn’t be much smoother. Look what happened under Obama that we didn’t notice..."
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"FBI Hid Clinton/Lynch Tarmac Meeting Records. But the cover-up begins to end -- thanks to @JudicialWatch -- the day after tomorrow. @RealDonaldTrump needs to clean house at FBI/DOJ."
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WORLD ISSUES and M-East
Global depression is on…China, RU, Iran search for State socialis+K- compet. D rest in limbo



Despite UAE oil minister jawboning, WTI/RBOB was sold today heading into the API data and extended losses after crude showed a surprise build (+1.82mm vs -2.95mm exp). Cushing saw a massive destocking and RBOB was steady after gasoline showed a surprise draw.
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Making up the excuse to start WW3.. with an attack to N-K that in reality is attack to China-RU

"Such a missile would have more than enough range to reach Washington, DC, and in fact any part of the continental United States."
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"The result of the war in Syria has carved out a new Middle East, where the likes of Riyadh, Tel Aviv and Washington, previously regional masters of all they surveyed, appear to have more or less been deliberately cut off from the decision-making process..."
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China hits the wall of nasty imperial neoliberal speculation to cope with world recession


China stimulated at a record pace in 2017, yet it did not resonate in improved economic activity (in fact, the exact opposite appears to be unfolding – i.e., economic growth is slowing across a number of data points). [[ no real facts shown on the demise of their economy ]]
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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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INFORMATION CLEARING HOUSE
Deep on the US political crisis, their internal conflicts n chances of WW3


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Russiagate Explained  By Caitlin Johnstone
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COUNTER PUNCH 


SPUTNIK and RT SHOWS
The nasty business of US-NATO-Global-wars uncovered ..


DPRK Claims Recently Tested Ballistic Missile Capable of Reaching All of US  N-K’ clown like to boost himself with lies, in doing so he help Trump to sell weapons.  The worse: he put his nation at risk.
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RT SHOWS
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NOTICIAS IN SPANISH
Latino America fight to break with collapsing Empire:  leftist view on alternatives


                -Día de la Independencia Libanesa, una broma innecesaria   Alex Rowell
                -¿Hacia dónde va Kurdistán?  Leandro Albani
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USA       -Estados Unidos vigila  Marcelo Colussi
                -Corey Robin:  “Siempre existio dimensión antiestablishment”
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Ecol        Es La crisis climática culpa del capitalismo?  Benjamin Y. Fong
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FEM       Racismo y exclusión:  El mito de la civilización  Carolina Vásquez
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Chile     -Un poquito de veneno sí mata…  Luis Casado
                -¿Una dictadura perfecta?   Felipe Portales
                -El poder de la persuasión  Ricardo Pinto
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ALC        -Honduras  El país amanece con dos presidentes  M-F Aliana
                -La OMC aterriza en Latinoamérica  Javier Calderón
                -Manifiesto: esperanza sin optimismo en Pto Rico  Rafael B
                -Hija de Berta Cáceres:   La empresa que la mató Eliana Gilet
                -ARG: Acompasar reforma laboral con reforma educativa" MH
                -BRA: -El nuevo laboratorio neoliberal  Varios
                -BRA: Estado y mercados destruyen derechos de trabajadores
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Cult        El Oro que desluce todo lo que toca Pablo Peña y Tonia Pi Sánchez
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Opin      -Debil Estado de Derecho: Apología de las fronteras  Santiago Alba
                -El proceso revolucionario ruso y la vigencia del socialismo  Igor G
                -100 años de Rev RU:  “Había un proyecto para el Sol… y lo hay” JG
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                -Un año de “paz imperfecta”  Horacio Duque
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                -Escritor fem cubano reafirma compromiso con inclusión social Isabel
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                -Catalunya y Europa ante el 21D  Domingo Sanz
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Asia       ASEAN revoluciona la economía mundial  Ulises Noyola
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PRESS TV
Global situation described by Iranian observers.. Titles distorted n incomplete sentences


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