Tues JUL 03 18 SIT EC y POL
ND denounce Global-neoliberal debacle y propone State-Social
+ Capit-compet in Econ
ZERO HEDGE ECONOMICS
Neoliberal globalization is over. Financiers know it, they
documented with graphics
[[ This picture of the US
Econ has nothing to do with the anti-imperialist plan of Trump described by T Meyssan. Trump’ TRADE WAR shown
in Chart “
context is important for this bounce.”
(below) indicates that the concentration of capital by US Corp is not
going to take the US Econ to heaven but to hell. Trump’ plan was & is WW3
(destruction of RU-Chi and its annexation by NATO allies), but this opium dream
was so miscalculated –stated one day & reversed the next- that US allies do
not trust Trump anymore. US is becoming isolated and Trump’ wars (Syria ++)
condemned to failure ]]
'Murica, F**k Yeah...
Despite the holiday-shortened trading day, there was plenty
of vol for everyone today...
Equity futures show the chaos best
as PBOC Governor Yi rescued the world overnight but US investors used his
overnight pump to dump their gains (not helped by China's court ruling against
Micron)....
See Chart:
The Dow closed below its 200DMA for
the 7th day in a row...
See Chart:
Micron was a mess after the
headlines...dropping to 2-month lows..
See Chart:
But Tesla is worse - down over 14%
from its post-production goal highs...
See Chart:
Treasury yields tumbled today as
stocks reversed around the cash equity open..
See Chart:
We are starting to see a pattern
intraday in Treasuries - buying overnight, selling during US day...
See Chart:
The Dollar erased yesterday's gains
as China's intervention rippled through markets but as stocks sold off in the
last hour of the short-day, the dollar bounced a little...
See Chart:
The biggest news overnight (and into
the open) was China's intervention to rescue the Yuan from freefall..
See Chart:
But some context is important for
this bounce...
See Chart:
Notably WTI tumbled after reports
that the Saudis would increase production as Trump asked...
See Chart:
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Source: https://www.zerohedge.com/news/2018-07-03/stocks-pumpndump-what-china-giveth-china-taketh-away
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Potentially
in response to Trump's
actions on China Mobile, a Chinese court temporarily banned Micron
Technology chip sales, cutting the U.S. company off from the world’s
largest semiconductor market.
China accounted for
more than 50 percent of Micron’s revenue in fiscal 2017,according
company data, and that has sent Nasdaq reeling...
See Chart:
Potentially in response to Trump's
actions on China Mobile, a Chinese court temporarily banned Micron
Technology chip sales, cutting the U.S. company off from the world’s
largest semiconductor market.
Yesterday
we specifically warned that following yet another targeted attack at a prominent Chinese company, it
is only a matter of time before China responds in kind, and considering
the size and prominence of China Mobile, one wonders how long until China takes
aim at none other than the world's largest company, Apple.
Well it's
not yet Apple but it's getting there and
Micron shares are tumbling on the headlines to 2-month lows...
See Chart:
….
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SOURCE: www.zerohedge.com/news/2018-07-03/blowback-nasdaq-plunges-after-china-blocks-micron-chip-sales
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We're gonna
need a bigger intervention...
Yuan
is starting to rollover...
See Chart:
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WHICH ECONOMY IS BOOMING AMERICA?
Automaker new orders plunged most since
Jan 2015...
See Chart:
WAR IS A RACKET, INDEED.
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SOURCE: https://www.zerohedge.com/news/2018-07-03/war-spending-rescues-factory-orders-may-autos-collapse
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Is
something rotting in the state of Fremont?
See Chart:
….
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WITH ONLY A
MARKET CRASH ABLE TO STOP TRADE WAR ESCALATION, what message does Trump get as
the market surges ahead of the next round in global trade warfare?
It appears
that US stocks love trade wars:
See Chart:
….
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US
DOMESTIC POLITICS
Seudo democ y sist
duopolico in US is obsolete; it’s
full of frauds & corruption. Urge cambiarlo
" The fact that Washington’s
warmongers so violently oppose his forthcoming talks with President
Putin is evidence enough that he
is on the right track. Let’s hope that President Putin can keep him on
the rails that lead to peace, trade and friendship. "
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"At least one round of tariffs looks highly likely. If China
retaliates - and it surely will - and financial markets don’t provide a clear ‘stop’ signal, a second
could follow."
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US-WW ISSUES (Geo Econ, Geo Pol
& global Wars)
Global depression is on…China, RU, Iran search for State
socialis+K- compet. D rest in limbo
AMLO’s
election has the oil and gas industry on edge, which fears that a swing to the left imperils its
investments in the country.The majorities in Congress for AMLO’s Morena
party could also neuter the
strongest checks on his power...
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"The
kingdom is prepared to utilise its spare production capacity when necessary to
deal with any future changes in the levels of supply and demand."
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"...recent Yuan weakness
is entirely due to changes in market expectations as external
uncertainties rise rather than
intended guidance of the central bank, "
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SPUTNIK and RT SHOWS
US inside GEO-POL n GEO-ECO ..News
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England beat Colombia 4-3 on penalties after the match
finished 1-1 in the extra time at Moscow’s Spartak Stadium. England victory cannot be explained without
the open help of the referee.
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RT SHOWS
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Keiser
Report Episode
1248 Max and Stacy discuss
‘unacceptable’ audit work from KPMG as yet another company collapses soon after
the auditor blessed their books. In 2ND half, Max interviews Pierre
Jovanovic of Quotidien.com about possible new EU legislation targeting
alternative media.
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NOTICIAS IN SPANISH
Latino America looking for alternatives to neoliberalism to
break with Empire:
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el
fraticidio polit en ese hermoso país. El imperio rie de las sandeces
de
ambos gobernantes. Jamas debieron
exhibir sus calzones SUCIOS.
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CIienc - -Nanotubos de carbono y
cáncer ¿Hay riesgos? Marta Pulido
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Tengo 73: tomo 3 tasas en la mañana y a las
6pm corro y subo cerros de parque cercano
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INFORMATION CLEARING HOUSE
Deep on the US political crisis, their internal conflicts n
chances of WW3
Former US Envoy to Moscow Calls Intelligence
Report on Alleged Russian Interference ‘Politically Motivated’ By Jack Matlock Continue
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Feeding
the Monster
Washington's Spinelessness Enables Israeli Brutality By Philip Giraldi Continue
Washington's Spinelessness Enables Israeli Brutality By Philip Giraldi Continue
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Targeting The Most Vulnerable: Children in Detention
In The US and Palestine By
Alice Rothchild
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Turkish-Syrian Border: Confusion, Destruction
and Grief By Andre Vltchek Continue
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The Num Of People Who Are 'Extremely Proud'
To Be American At Record Low By Bonnie Kristian
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CONTER PUNCH ORG
Analysis on US Politics & Geopolitics
GLOBAL RESEARCH
Geopolitics & Econ-Pol crisis that leads to more
business-wars: its profiteers US-NATO
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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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PRESS TV
Resume of Global News described by Iranian observers..
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