jueves, 28 de marzo de 2019

ND MAR 27 19 SIT EC y POL



ND MAR 27 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

US ECONOMY TODAY: INCONCEIVABLE
Goldilocks?
See Chart:
US Macro Surprise Index

Inconceivable!
US markets tumbled shortly after the ubiquitous opening ramp, but reversed the downswing at the EU close. Nasdaq was the laggard today... (Dow was ramped to unchanged but all markets faded into the close)
See Chart:

Banks and Big Tech were both lower on the day...
See Chart:

With FANG stocks ugly...
See Chart:  FANG Stocks

Semis closed at 10-day lows.
If the yield curve is right, banks have a lot further to fall...
See Chart:

Treasury yields continued to tumble (down 4-5bps across the curve today)...
See Chart:

And arguably there is a lot more bond shorts to squeeze before this run is over...
See Chart:
Eurodollar Net Spec Positioning  vs. Bond Futures

The Dollar rallied for the second day in a row but failed twice to break the 97.00 level...

Finally, and burying the lead, after Moore's sycophantic op-ed, the market is now pricing in over 40bps of Fed rate-cuts in 2019 - dramatically more dovish than The ECB...
See Chart:

AS FED CREDIBILITY IS WELL AND TRULY BURIED - SO WHAT IS KEEPING THIS CHASM ALIVE?
See Chart:
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[[ With exemption of accusing the victims, AOC among them, who is denigrated and placed in the same sack with her perpetrators.. his  accusation to the system deserve attention . Remember Doug: when dogs bark is because socialism is advancing. Don’t forget to read my conclusion on your article.. at the end. ]]
"The American public is going to get exactly what it deserves. I have no sympathy for them. Or about as much as I would have had for the Romans in the fifth century, when the empire was collapsing..."
It’s not a new idea – the meme has been around in one form or another since at least the days of Marx. [[ Yes.. nothing new in what you said on the collapse of this empire]] 
MMT basically posits that the wise and incorruptible solons in government should create as much currency as they think is needed, spend it in areas they like, and solve any problems that occur with more laws and regulations.
It’s nothing newJust a more radical version of the economic fascism that’s dominated the U.S. since at least the days of the New Deal. It’s just another name for an old, and very stupid, set of economic ideas. By stupid I mean,showing an inability to predict the indirect and delayed consequences of actions.
Won’t Work
The public will easily be convinced they’ll get something for nothing.
But what we should be talking about here is moral principle. It’s not a question of whether MMT will work or not work. It won’t. It will work about as well as the economic policies of Venezuela and Zimbabwe. Or Argentina, where I am at the moment.
These schemes have never worked in all of history. They result in a vastly lower standard of living, along with social strife. MMT is about radically increased government control. The argument shouldn’t be over whether MMT will “work” or not. The argument should be about whether it’s moral and proper for people in the government – whether elected or appointed – to print money to change the economy into something that suits them better.
Nothing new, but continue reading the content of these subtitles:
What Money is
Moral question? 
[[ What is the morality in making immoral accusations to AOC? ]]
The last statement of Doug Casey –the author of this art is:
The American public is going to get exactly what it deserves. I have no sympathy for them. Or about as much as I would have had for the Romans in the fifth century, when the empire was collapsing.
My conclusion on this article:
The profiteers of the system were left untouched by Doug.. a good dog of Oligarchy.. un chiguaga viejo sin alma ya.. le asustan los parásitos del sistema pero no los que lleva en su cuerpo inmundo.  A mí me alegra saber que los perros que ladran.. no muerden.  Who I am? I got a Fulbright to work for my Master & PhD in the Univ of Pittsburgh. I did work for the Work Bank who financed an Institute in Pitt, I didn’t know it until collapse in 2008. I was Prof of Sociology in Peru and Visiting Prof here.  My greatest success in Pittsburgh, my family.. my kids and friends.. Three of my kids are doctors, two MDs. I do love this country & I will continue fighting for socialism here. I do love tit for tat too
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...the 'eurodollar whale' position accounted for over half an average trading day's options volume on its own.
The US stock market has soared back from its December 'Mnuchin Massacre' lows, floating higher, blissfully ignoring the collapse in earnings expectations and macro-economic data.
See Chart:

The enabler of that blissful ignorance is simple - same as it has been for a decade - an ever-increasing hope that The Fed stands ready to do 'whatever it takes' to maintain the wealth (and inequality) driver of the new normal and the only policy prescription there is - the US stock market.
See Chart:

However, the market has seemingly got a little over its skis in recent weeks as it has priced in over 40bps of rate-cuts in 2019 - while The Fed just told the market to expect no rate-changes in 2019.
In fact, the market is now pricing in The Fed as being more dovish than The ECB in 2019...
See Chart:

And now, the divergence between the market and The Fed has got so wide that one trader has placed a huge bet that the market is wrong.
See Chart:
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Real-time GDP data can be highly misleading around business cycle turning points.
Real-time GDP data can be highly misleading around business cycle turning points. This is especially true in the lead-up to recessions.
See Chart:
Which GDP Data is Recessionary
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"...the two issues feed off each other, creating a vicious cycle which can destroy lives. "
The institute analyzed data from the Adult Psychiatric Morbidity Survey, which had responses from 7,500 people in England. The analysis showed:
  • 1.5 million people in England are currently struggling with both problem debt and mental health problems at the same time.
  • People with mental health problems are three and a half times more likely to be in problem debt than those without mental health problems.
  • 46% of all people in problem debt are also experiencing a mental health problem.
See Chart:
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio


There's at least one company that does not buy into the overly optimistic market forecast from JPMorgan's head quant Marko Kolanovic, who expects the S&P to keep rising until 3,000 and sees several more months of consistent buying. JPMorgan itself.
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"an unusual alliance between the U.S. government and a political mega-donor" — The Hill
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"Mueller has been indicting the innocent and protecting the guilty throughout his career, and so he’s a top go-to man for the most powerful guilty parties to appoint to ‘investigate’ a case..."
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To those who call the shots in the halls of government, “we the people” are merely the means to an end.
We the people”—who think, who reason, who take a stand, who resist, who demand to be treated with dignity and care, who believe in freedom and justice for all—have become obsolete, undervalued citizens of a totalitarian state that, in the words of Rod Serling, “has patterned itself after every dictator who has ever planted the ripping imprint of a boot on the pages of history since the beginning of time. It has refinements, technological advances, and a more sophisticated approach to the destruction of human freedom.”
In this sense, we are all Romney Wordsworth, the condemned man in Serling’s Twilight Zone episode “The Obsolete Man.”
The Obsolete Manspeaks to the dangers of a government that views people as expendable once they have outgrown their usefulness to the State. Yet—and here’s the kicker—this is where the government through its monstrous inhumanity also becomes obsolete. As Serling noted in his original script for “The Obsolete Man,” Any state, any entity, any ideology which fails to recognize the worth, the dignity, the rights of Man...that state is obsolete.
How do you defeat a monster? You start by recognizing the monster for what it is.
See Ben Garrison picture
Read the full article at:
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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

This pool of available wealth and income is so vast, we're assured, that taxing the super-wealthy will not really dent their wealth or the economy as a whole... But what if the world is rapidly becoming poorer in every important sense?
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Canadians now collectively owe C$2.16 trillion, which as a share of GDP is the highest debt load in the Group of Seven economies.
See Chart: Debt laden
Household Debt to gross Domestic Product The US 76.4 in 3rd place Worldwide
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This should ratchet up tensions with China as the world's two most populous countries vye for regional supremacy...
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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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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes & terrorist imperial chaos

REBELION
ISR          El "gran salto": indust arms ISR en AmCentral G Schivone
Españ    Se agota el tiempo cambio climático nuestro reto civilizatorio
UE          Unión Europea: su totalitarismo en Or Próx   Emile Badarin
                Guyana busca fondos para cuidar sus manglares  D Brown
ALC        Nostalgia colonial y desagravio pleno 12ava conjetura CLC
COL        Reflexion sobre el momento político  Jairo Estrada
Mund    Afganistán   El resurgir del talibán
                Gira europea del emperador rojo  Guillermo Almeyra
                La Mano Muerta rusa ante ataque nuclear a su país Norma E
                La tragedia exclusión y banalización de INFO  Eduardo Camín
Cuba      En cifras: la (des)igualdad de género en Cuba  Claudia Padrón
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ALAI ORG
                Apagones para derrocar   Edo Ibarra Aguirre
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RT EN ESPAÑOL
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PARA MAÑANA
INFORMATION CLEARING HOUSE
COUNTER PUNCH
GLOBAL RESEARCH
DEMOCRACY NOW

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

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