domingo, 17 de diciembre de 2017

DEC 17 17 SIT EC y POL



DEC 17 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 current output has recently moved to being above its potential. This provides another supporting factor for the thesis that inflation will increase in 2018...
The output gap for the OECD nations looks similar to the measurement for the U.S. The GDP is expected to be growing above the potential rate in 2018.


OECD Economies Expected To Be Above Capacity In 2018  bad dream
On average, in the past 3 cycles, it takes the OECD nations about 3.33 years to go from operating above capacity to operating below capacity.

With the understanding that the economy’s output potential is an opinion, let’s look at one forecast for 2018.


Morgan Stanley Cycle Prediction
As you can see, Morgan Stanley expects demand to outstrip supply in the economy which is growing above potential. This will lead to a peak in economic growth, inflation, Fed rate hikes, and a bond selloff, with junk bonds hit the hardest. THE NEXT STEP IS A RECESSION.
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"The economic gurus don’t care – the experiment on the living organism is important, even if it kills them..."
The abolition of cash is only one step on the road to even greater insanity: Kenneth Rogoff has other crazy ideas behind him.
The craziest: he demanded negative interest from European politicians, on the grounds that they are necessary anyway when the next crisis comes. We remind the reader that negative interest rate is limited by cash. If interest becomes too negative, people will hoard cash.
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"Based on the latest reading of the Index, these active managers have an average of 109% exposure to the stock market. Yes, 109%, meaning the average manager is leveraged long. That is the highest reading in the survey’s history..."

Review & Update
In last week’s “Technically Speaking” post I discussed the S&P 500 hitting 2700 by Christmas. To wit:
As stated in the title, the current push higher puts 2700 in sight by the time Santa fills the ‘stockings hung by the chimney with care.’
 As shown below, price momentum triggered a short-term “buy” signal following Thanksgiving, and after the brief ‘AMT Tax Debacle’ in the Senate Tax Bill, momentum again has turned up as prices continue to press higher.”


“With global Central Banks still flooding the system with liquidity, the Fed has yet to begin rolling off their reinvestments as expected. In fact, the Fed made a timely reinvestment during the “Senate Tax Bill” debacle earlier this month.”


Of course, that bump of liquidity sent asset prices rocketing higher.

Then on Thursday, we saw a brief slide in equities as concerns once again rose over the potential for the tax reform legislation to be blocked by several Senators who were leaning towards voting “no” on the bill. However, those concerns lasted only momentarily and stocks rocketed higher on Friday ending the week on a positive note. With concerns over tax reform fading, equities are sitting at all-time highs and within striking distance of 2700 by Christmas.

The current technical underpinnings remain bullish currently, but as shown below, are pushing into extremely overbought conditions. The chart below shows the 1 and 2-year moving averages with 2 and 3-standard deviations of the 1-year moving average. That deviation, combined with the most overbought readings on both RSI and MACD, suggest RISK HAS RISEN markedly in recent weeks.

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Bitcoin and Bitcoin Futures have collapsed since the futures opened, dropping over $2200 to converge with spot...
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"I won’t be surprised if Google and Amazon become asset managers..."
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Capex, Core Inflation, Central Banks, Corporate Credit, China...
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POLITICS
La seudo democ y sist  duopolico es obsoleto por fraudulento y corrupto. Urge cambiarlo

"Different world views, values and even meanings of words fragment the citizenry..."
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Under the guise of stopping violent crime, a County Commissioner in Cook County, Illinois, went to New York City late last week to request that the United Nations deploy foreign troops in Chicago to tackle the city’s “quiet genocide.”
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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



A turning point for G7 central banks will be when the bitcoin market capitalization exceeds the value of all SDR’s that have been created and allocated to members…”
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Either real or fake .. this news is worse than legalizing  presstitute

Air Chief Marshal Sir Stuart Peach warned Russia could in an instant end 97% of global communications capabilities and disrupt trillions in daily financial transactions, ushering in a "catastrophic" economic collapse, as the roughly 200 international undersea network cables are under IMMINENT THREAT. Peach said that Russia's modernized Navy constitutes a NEW RISK to our way of life.” 
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[ If imminent threats and new risks are considered FACT.. then US is ready for 1st strike. The key Qst is  who is going to survive WW3?  Most analyst coincides:  NO ONE: retaliation will double 1st strike! ]
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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


"Sorry Chump. You Didn't Have It In Writing"  By Eric Margolis plan to tear apart Russia
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The Case Against Iraqing Iran  Must Read - By David Swanson
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Elite Commandos Deployed to 149 Countries in 2017
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FBI: American Gestapo   By Lawrence Sellin
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American Taliban  By Lucian Truscott IV  Our long national nightmare has just begun
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SPUTNIK and RT SHOWS
The nasty business of US-NATO-Global-wars uncovered ..



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Some really ill-informed technical suppositions O'Reilly stated, on the Hwasong-15 Nov launch.
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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


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Corea-N;  Taiwan; Ucrania; Turquía; Saudis-Israel v. Iran
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PRESS TV
Global situation described by Iranian observers.. Titles distorted n incomplete sentences


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