WED
AUG 1 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
US Economic Recession today Wed Aug 1: Again : ups &
downs
STOCKS & BONDS SINK DESPITE HOT
APPLE, ROASTED TURKEY, EUPHORIC FED
Seemed appropriate...
So Apple beat expectations...and a buying panic ensued...
Big disappointed for everyone by not
becoming the first company to be worth ONE TRILLION DOLLARS today... Doubled in
size since June 2016
See Chart:
Despite AAPL's help, S&P and Dow
ended red with only Nasdaq green on the day... (NOTE the ramp in AAPL to get
the S&P green very briefly - that failed)
While AAPL ripped, FANG stocks could
not catch a bid
See Chart:
All eyes on Tesla after hours as
bonds lead the carmaker lower..
See Chart:
With 10Y Yield topping 3% (the same
as at the June Fed hike)...
See Chart:
Before falling back to hover around
the 3.00% into the close..
The yield curve steepened
See Chart:
The Dollar Index ended the day
practically unchanged
See Chart:
Commodities remain lower on the
week, with copper leading the drop..
See Chart:
Finally,
we offer three charts:
First, Atlanta Fed's GDPNOW model is forecasting a 4.95% GDP growth in Q3.
Second, despite the hopeful
forecasts for US economic growth, the
housing segment is collapsing...
See Chart:
As Gluskin
Sheff's David Rosenberg notes, "The Fed could get away with using the
term "strong" three times in the opening paragraph and five times
throughout because it conveniently missed discussing the housing market!"
Third and finally, Consumer Confidence
measures are flashing a very loud "late-cycle" warning...
See Chart:
And,
once again, as Gluskin Sheff's David Rosenberg notes, "The
gap that has opened up between consumer confidence for the present and future
is so classically late-cycle. As in, no more pent-up demand. Consider this a
near-2 SD event. Take out the umbrella!"
...
….
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BUT, “Apple beat expectations...” IS FALSE. The new HUAWEI swallow the “roasted-turkey”
RELATED 1:
“The importance of Huawei overtaking Apple this quarter cannot be overstated...”
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RELATED 2:
...the U.S. tech giants are in the early stages of destroying themselves, due
to two primary factors - size and politics.
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RELATED 3:
Only $6
dollars away...
[[
Charged the $6 and saved to get a more affordable apple .. Besides, you’re gona
get out of competition anyway. THE RULES ARE SET (no
way to continue financing big gluttony) .
Just accept the reality: “Apple beat expectations...” IS FALSE. The
new HUAWEI swallow the “roasted-turkey” ]]
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Short News 1 : GOLD
POPS, DOLLAR DROPS DESPITE HAWKISH FED TILT
The initial
reaction to what appears to be a hawkish-tilted Fed statement is dollar weakness, bond and gold gains...
See Chart:
…
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Short news 1: KRUGMAN
SKEPTICAL ABOUT CRYPTO, PREDICTS COLLAPSE
...those
that celebrate cryptocurrency are thus “effectively celebrating the use of
cutting-edge technology to set the monetary system back 300 years.”
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Isn't it obvious that those
at the top of the wealth-power pyramid don't want us to know how much ground
we've lost while they've gorged on immense gains?
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Short news 3: MICROSOFT
ROLLS OUT "ELECTION DEFENSE TECHNOLOGIES"
The new feature is part of
Microsoft's "Defending Democracy
Program"
[[ We have
to get inside them.. before they invade us
]]
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Short News 4: Adios gluttony
"This
settlement holds Wells Fargo accountable for actions
that contributed to the financial crisis"
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Costs are
expensive because there is almost no skin in the game.
Graft has taken over.
See Chart:
…
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Short News 6
US
DOMESTIC POLITICS
Seudo democ y sist
duopolico in US is obsolete; it’s
full of frauds & corruption. Urge cambiarlo
... the new plans involve creating aspecial Native American “autonomous nation” within the new
independent state,creating a “buffer
zone between between Donald Trump’s America and the new independent California
Republic...”
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Abandoning Chicago-Illinois:
"The reality is, Illinois’ failed policies discriminate against no
one. People are being forced to do
what’s best for their families. And if that means leaving, They’re doing it. "
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New month.. new high prices for the poor. The big Corp want
to play the game too.. Ruined all
For the
first time in 55 months, the auto industry cut back spending on incentives.The result was a
plunge in auto sales.
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If the U.S.
economy is really doing so well,then why is homelessness rising so rapidly?
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"...the items below represented what I consider to be the most identifiable 95 signposts
on our mid-summer’s journey to either making America Great Again or into a neo-Orwellian
hell on earth."
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[[ This article is incomplete
& naively addressed.. the issue however
is very pertinent ]]
Globalism,
the tech boom, illegal immigration, campus radicalism, the new
racialism... Are they leading
us toward an 1861?
How, when,
and why has the United States now arrived at the brink of a veritable civil
war?
Almost
every cultural and social institution — universities, the public
schools, the NFL, the Oscars, the Tonys, the Grammys, late-night television,
public restaurants, coffee shops, movies, TV, stand-up comedy — has been not just politicized but also weaponized.
Donald Trump’s
election was not so much a catalyst for the divide as a manifestation and
amplification of the existing schism.
We are now
nearing a point comparable to 1860, and perhaps past 1968. Left–Right
factionalism is increasingly fueled by geography — always history’s force
multiplier of civil strife. Red and blue states ensure that locale magnifies
differences that were mostly manageable during the administrations of Ford,
Carter, Reagan, the Bushes, and Clinton.
WHAT HAS
CAUSED THE UNITED STATES TO SPLIT APART SO RAPIDLY?
[[ I’ll list here only his subtitles whose
content you need to read .. A brief comment I did add ]]
1-Globalization
Big Feds & State Unions (US,EU, etc) are going to be dismantled: they’re
obsolete
Demo-Bureaucracy is the
pest in all of them: direct democ will replaced. Press-manipul of
phobias create artificial enemies that doesn’t exist.. once Direct-demo control
big media bye-bye to “RUSIANS are here” and “US IMPERIALISM is the cause”. Of
course the cause is the “global
neoliberal economy” in both of them (including China) but RU-China have
historic background to dismantled, we do not have it. IN
FACT, what keep RU united is the US nuke blackmail & real
surrounding of NATO in their borders. Once they accept the MAD thesis &
that both super-nations will go back to stone-age with WW3, then they have to
dismantle nukes & NATO.. Once it happens, RU Fed & US Fed will split
themselves into several auton-independent nations. RU is ready to accept the thesis of MAD
(Mutual Assured Destruction) and perhaps Trump too, but there are stupid forces
behind them pushing for confrontation (in the US we call them “hilarious
stupids” to the extreme rightist pushing for WW3). In RU there’re extreme
rightist with the same agenda (disguised as nationalists) but they are
controlled & keep quiet. Once “the external enemy” disappear the big
bureaucratic Feds will do it too. In FACT huge
burecrats rulers in the US & RU
won’t be needed any longer.
2- High Tech Good.. but look Apple mistake, and US cars
business .. they’re about to crash
3- The Campus
The cause should precede effect.. students
always revolt & always without strategy
4- Illegal
Immigration Once nukes are
dismantle..neoliberal abuse is over:no-wars to
create migrant
5- The Obama Project He is not in power anymore.. Trump is
miss-using his background
What Might Bring the United States Together Again?
A steady 3 to 4
percent growth in annual GDP would trim a lot of cultural rhetoric. Four
percent unemployment will make more Americans valuable and give them advantages
with employers. Measured, meritocratic, diverse, and legal immigration would
help to restore the melting pot.
…
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The Young Democratic Socialists of America organization now claims to
have more than 250 chapters on campuses across the country, a
dramatic increase from just 15 chapters in 2016.
[[ I hope they build a clear
& coherent program to dismantle current electoral rules and to create the
agenda for third choice in democratic rule (one beyond the corrupted DEMs &
REPs parties). Perhaps this require to separate first the progressive sectors
within those old parties with the “R” :
R-Dem & R-Rep and then advance to the creation of a People FRONT. The
immediate goal is to obtain equal representation in power at all levels.
Socialism is a local agenda and it is based in bottom-up pacifist REV.
They have to take streets with active solid Mov in main cities. Avoid
confrontation with police & get the pro-bono lawyers in case the rightists
and police attack the socialists. Get tiny cameras, it helps in Court. The US
is ready for socialism, nothing to lose, time is with us. And I’m ready to
contribute with socialism too.]]
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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
"The impact of a 10% tariff on
Chinese imports would be substantial... while we estimate the impact to be
limited on the index level, companies with a large portion of sales to China
are more exposed"
See Chart:
….
SEE MORE CHARTS AT:
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Iran's
elite Islamic Revolutionary Guard forces are expected to begin a major exercise
in the Persian Gulf as soon as the next 48 hours, which could be aimed at
demonstrating their ability to shut down the Strait of Hormuz.
[[ Are
they using their boats with smart missiles & nukes? .. I don’t think so .. since this is only a speed exercise. .. Real FACT: they’re only getting ready for a possible US
attack ]]
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SPUTNIK and RT SHOWS
US inside GEO-POL n GEO-ECO ..Focus on neoliberal expansion via wars
& danger of WW3
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RT SHOWS
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NOTICIAS IN SPANISH
Lat Am NEW FOCUS: alternat to neo-fascist regimes, breaks to
HR, Peace & support to US-terrorism
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GLOBAL RESEARCH
Geopolitics & Econ-Pol crisis that leads to more
business-wars from US-NATO allies
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DEMOCRACY NOW
Focus on Trump policies & the Econ & Pol crisis he
creates
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PRESS TV
Resume of Global News described by Iranian observers..
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