viernes, 1 de marzo de 2019

ND MAR 1 19 SIT EC y POL



ND MAR 1  19  SIT EC y POL 
ND denounce Global-neoliberal debacle y propone State-Social + Capit-compet in Eco


ZERO HEDGE  ECONOMICS
Neoliberal globalization is over. Financiers know it, they documented with graphics


Are you not entertained?  .. Enjoy this: billionaires are going to heaven; the rest to hell:

Another week of global bond yields, earnings expectations, and macro-economic data signaling shit is hitting the fan as stocks push higher and higher on surging central bank balance sheets and global money supply...

At what point does Jay Powell look himself in the mirror and realize what a farce his entire life's work has become.

Mixed bag in US markets this week no matter how many dead cat bounces hit. Nasdaq outperformed dramatically, Trannies worst, Dow clung to unchanged and S&P was all about 2800...
See Chart:


The Dow desperately tried to close above 26032 (but failed), ending its weekly win streak at 9.
Nasdaq is up 10 weeks in a row... the longest win streak since 1999 (when it rose 11 weeks in a row to Dec 1999)...
See Chart:


Tesla tumbled as Musk's mysterious announcement disappointed...
See Chart:


Grocers also got hit as AMZN announced plans to roll out its own foodseller...


Ugly day for mall operators as retailers in the last 48 hours announce plans to cull over 300 stores
See Chart:


Treasury yields soared this week...the worst week for 10Y Yields (up over 10bps) in 4 months (midterms)
With 10Y Yields well and truly breaking out of their descending triangle...extending the yields rise today despite terrible macro data
See Chart:


With inflation breakevens soaring alongside WTI (until today)...
And all the while, markets remain priced for rate-cuts in 2019!!
See Chart:
Rate Hikes vs Rate Cuts


The Dollar had a solid week (continuing its week on, week off pattern this year)...soaring higher this afternoon despite terrible macro data today
See Chart:
Bloomberg Dollar Index


The surging dollar spoiled the party in EM also
See Chart:


The soaring dollar took the shine off commodities today with PMs suffering most...
See Chart:


Gold an Silver tumbled
and gold relative to silver hit its highest since the start of the year back above the important 85x ratio...
See Chart:


Finally, which one of these four charts makes you laugh the most?
Stocks decoupled from Earnings expectations...
See Chart 1:

Stocks decoupled from Macro data..
See Chart 2:

Global Stocks decoupled from global bonds...
See Chart 3

Global Stocks perfectly coupled with Global Money Supply (and Global Central Bank balance sheets)...
See Chart 4

At what point does Jay Powell look himself in the mirror and realize what a farce his entire life's work has become.
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Even if the Fed hadn't institutionalized perverse incentives to borrow and speculate in asset bubblesthe economy would still be generating far fewer winners than losers.

While conventional economics focuses on how much the pie is expanding (GDP is higher, yea!), the real action is in how the pie is sliced up and distributed.

The central bank shenanigans that exacerbated this remarkably unequal distribution were sold as promoting "the wealth effect": as assets bubbled higher, the lucky recipients of this unearned wealth would feel richer and would then start borrowing and spending freely, propping up a sickly economy which was no longer expanding organically.

But since only the top 5% of households own enough assets to matter, this amounted to a stealth "trickle down" policy in which the top slice of asset owners would be so enriched they would spend more, and this spending would trickle down to the bottom 95%.

As this chart shows, the spending of the top 5% has far outpaced the spending of the bottom 95%, but as the chart of labor's share of the economy reveals, very little has trickled down.
See Chart 1:

and Chart 2:

See more factors..
As a result of these factors--the neofeudal economy and an over-abundance of normal capital and labor--only the top 5% of wage-earners have enjoyed real increases in earned income.
See Chart:
The ever-widening wage gap


There are no easy answers to these structural realities. It's difficult to wean an economy that's dependent on assets bubbles off of asset bubbles, and it's difficult to reverse demographic and technological changes.

Our goal should be to eliminate the privileges embedded in neofeudal structures and create structures which open opportunities to get ahead for everyone rather than for just a select few. I describe such a system in my book A Radically Beneficial World. Doing more of the what's failed is not going to change the structure whose only possible output is more failure.
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"We have never seen a bad streak like this before in modern American history..."


Virtually every piece of hard economic data is telling us that the U.S. economy is slowing down dramatically. 
See Chart:
US Macro Surprise Index


The following are 18 really big numbers that show that the U.S. economy is starting to fall apart very rapidly…

#1 Farm loan delinquencies just hit the highest level that we have seen in 9 years.
#2 We just learned that U.S. exports declined by 4 billion dollars during the month of December.
#3 J.C. Penney just announced that they will be closing another 24 stores.
#4 Victoria’s Secret has just announced plans to close 53 stores.
#5 On Thursday, Gap announced that it will be closing 230 stores over the next two years.
#6 Payless ShoeSource has declared bankruptcy and is closing all 2,100 stores.
#7 Tesla is also closing all of their physical sales locations and will now only sell vehicles online.
#8 PepsiCo has started laying off workers and has committed to “millions of dollars in severance pay”.
#9 The Baltic Dry Index has dropped to the lowest level in more than two years.
#10 This is the worst slump for core U.S. factory orders in three years.
#11 We just witnessed the largest decline in the Philly Fed Business Index in more than 7 years.
#12 In January, sales of existing homes fel8.9 percent from a year earlier.  That was the third month in a row that we have seen a decline of at least 8 percent.  This is an absolutely catastrophic trend for the real estate industry.
#13 U.S. housing starts were down 11.2 percent in December compared to the previous month.
#14 Compared to a year earlier, home sales in southern California were down 17 percent in January.
#15 In December, home sales in Sacramento County fell a whopping 22.5 percent compared to a year earlier.
#16 Pending home sales in the United States have now fallen on a year over year basis for 13 months in a row.
#17 More than 166 billion dollars in student loan debt is now “seriously delinquent”.  That is an all-time record.
#18 More than 7 million Americans are behind on their auto loan payments.  That is also a new all-time record, and it is far higher than anything that we witnessed during the last recession.

We have never seen a bad streak like this before in modern American historyThe following comes from CNS News

But prior to the current 13-year period when real GDP has failed to grow by 3.0 percent in any year, there has been no stretch (in the years since 1930) when the United States went as long as five straight years with real GDP failing to grow by at least 3 percent.

The “Everything Bubble” is bursting, the “Perfect Storm” is coming, and all of our lives will never be the same again.

America is about to experience the consequences of decades of exceedingly foolish decisions, and the pain will be extreme.  But difficult times also offer an opportunity for dramatic change, and that is something that we will need to embrace.
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None of the 10 largest multinational companies have issued a single bond since late 2017 after repatriating hundreds of billions in dollars to US soil. Previously, they accounts for 10% of total IG issuance...
See Chart:
Still not debt issuance from large US Multinationals
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio


Besides terrorism imperial in alliance with ISIS: naked piracy, saqueo de oro ajeno

As the remaining pockets of ISIS fighters faced imminent defeat in northeast Syria, the United States allegedly gave them an offer they couldn’t refusegive us your massive caches of gold - or die.
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“Give me money to use a machine learning technique to manage your money, even if the machine learning technique doesn’t work, because it’s very profitable for me to take 2 percent of your fund every year...”
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Walmart is America's single largest private employer, and the company is doing everything in its power not to be that for much longer.
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US-World ISSUES (Geo Econ, Geo Pol & global Wars)
Global depression is on…China, RU, Iran search for State socialis+K-, D rest in limbo


The issue is SOVEREIGNTY, PEACE AND LIFE.. this is not a match

"The most remarkable facet of the standoff ishow little effect all the AngloZionist propaganda has had inside Venezuela...Outside Venezuela this first confrontation has also been a defeat for the Empire. "
               
                [[ The UD is set to lose this confrontation.. that will go beyond VEN  ]]
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The US is not in position to ask nothing to China until Trump is changed. T is not reliab

Sunday night's future open could prove quite volatile.
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SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO  ..Focus on neoliberal expansion via wars & danger of WW3


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SHOWS RT

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SophieCo  
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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes & terrorist imperial chaos

REBELION

ISR          Un paso más hacia la judaización de Jerusalén  Entsar Abu
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COL        Para Duque y Guaidó: una derrota sin batalla  Carlos Meneses
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Cuba      Y qué hacemos con la prensa extranjera?   Aurelio Pedroso
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ALAI ORG

                Ayuda (in)humanitaria    Emilio Cafassi  
                Caracas: Un desenlace anunciado   Eduardo Ibarra
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UE-V      La paz en Europa comienza en Venezuela    Jean-Luc M               
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RT EN ESPAÑOL

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INFORMATION CLEARING HOUSE
Deep on the US political crisis: neofascism & internal conflicts that favor WW3


“Is Neoliberalism Killing Russia?”   By P Craig Roberts and MHudson
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Washin’s interest : destabilizing China & RU’s plans for econ integration of Eurasia
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RussiaGate as Organized Distraction   By Oliver Boyd-Barrett
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Dollar Hegemony, Again  By Michael Doliner
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COUNTER PUNCH
Analysis on US Politics & Geopolitics


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Ron Jacobs   Anarchy in the USA
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GLOBAL RESEARCH
Geopolitics & Econ-Pol crisis that leads to more business-wars from US-NATO  allies


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PRESS TV
Resume of Global News described by Iranian observers..


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