lunes, 29 de abril de 2019

ND APR 29 19 SIT EC y POL



ND APR 29 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

Inconceivable!
The last time the S&P 500 was at a record high and this overbought was January 2018 - right before the world fell out of the bottom of VIX shorts...

See Chart:
S&P  RSI


And remember, VIX traders have never been shorter vol than they are now...
See Chart:
VIX Future /Options Net Speculative  Positioning: Record Short

Notably, extending last week's decoupling, VIX was higher as stocks rose today... The last time we saw this was January 2018's melt-up as buyers bid up vol on the back of call options
See Chart:

IGNORE THIS
"Probably nothing"

Treasury yields rose on the day with the long-end the biggest price laggard, steepening 3bps against the short-end
See Chart:

The slide in the dollar continues (albeit modestly)...
See Chart:

Finally, we ask a simple question - if everything is so awesome (which it 'clearly' is, just ask stocks), why are markets pricing in 29bps of rate cuts in the rest of 2019?
See Chart:
Market Implied  2019 FED Rate-Change
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"Stop listening to central bankers. They really have no idea what they are doing..."
If there are tensions in trade it has little or nothing to do with “trade tensions” as commonly described. About half of ROK’s GDP is derived from global trade. All of the major export bellwethers, South Korea included, are, say it with me, synchronized. Downturn synchronized.

See Chart:


Finally this:

Synchronized downturn instead, not only does “popular discontent” spread further, the temperature of those already discontented will surely rise. If they distrusted the status quo after 2016

See Chart:
IMF WORLD ECONOMIC OUTLOOK

People around the world have been incredibly patient. For the most part, officials were given ever chance, two, three, and four of them, to get it right. The immediate implication should be easy enough, but it won’t be heeded. Stop listening to central bankersThey really have no idea what they are doing. That’s really all renewed “dovishness” means, and proves.
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Everybody, that is, except...well...most working people...
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Investors can play the greater fool theory and ride the rally, but a safer approach is warranted...
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"...disappointing markets this year could well set the stage for a larger selloff the Fed is so desperate to prevent at every turn, especially now that the Fed has fueled the most vertical rally in this cycle..."

The Fed panicked in December and by caving to markets reignited the bubble in a major way and now they are losing control as they are trapped and twisted in their own narratives. No rate hikes until 2020 but markets are printing new all time highs less than 4 months following Powell’s famous balance sheet flexibility cave on January 4th, just a couple weeks after President Trump told him “to stop the 50Bs” on twitter.

And markets have done nothing but gone up since then:
TO See Chart:
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A perfect storm hit Wisconsin dairy farms: Overproduction, Bad Decisions, Trump's Tariffs
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There's facebook, and then there was google...
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"The problem now is that the boom is so big that the bust will be catastrophic. And what’s going to make this bust different is that there is no bailout. There is no stimulus. It is impossible to reflate..."
LISTEN TAPE:
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California was one of the pillars of American energy security. That, however, has changed due to declining production. Since its peak in 1985, production has plunged almost 60 percent to 460,000 barrels per day...

North Dakota has become the second oil producing state in the U.S. due to the shale revolution. Fracking technology has unlocked previously unreachable resources which have doubled U.S. oil reserves to 45 billion barrels

See Chart:
Crude-Oil Production: CA vs N Dakota

Prices at Henry Hub  1997-2016: $2.49
See Chart
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It's the OptionSellers.com story all over again. But this time, with fraud. 
Que le revisen los bolsillos, digo los paraisos fiscales que frecuento..if any
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio


AMERICA'S IMMIGRATION SYSTEM IS "COMPLETELY UNJUST"
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The elite are very “tolerant” of the homeless until they start showing up in their own neighborhoods. 
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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



Put another way, Argentina is now the future of the developed world...
See Chart:
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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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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes & terrorist imperial chaos

REBELION
ECON    Yanis Varoufakis:  El país al que tanto amó  Griselda Qosja
                Qué significa la inversión de la curva de rendimientos  A F
USA        El séptimo "Green New Deal"  Lucía Vilariño
                El insólito caso de María Bútina  Rodolfo Bueno
Cuba       Los desvaríos de John Bolton  Tony López R.
Opin       Corrupción, “malicia”, capitalismo  Marcelo Colussi 
               El viejo cuento del capitalismo bueno  Manuel E. Yepe
                Capital-P y Labor son 2 caras de la misma moneda. Marx
                Se necesita su balance. Lenin-Nep Y FDR lo probaron asi.
Cult         La tendencia a disminuir al adversario  Antonio Gramsci 
ALC       Del progresismo a la austeridad en Uruguay  Luis Ibarra
Perú        La caída de García   Rafael Guzmán
Chile       El imperialismo avanza con nombre de 'TPP 11'  Ariel O A
Mex       AMLO: le buscan pero no le encuentran  Miguel Ángel Ferrer
               PSOE- Sus prop laborales, de pensiones y fiscales  Mikel
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ALAI ORG
                Triunfo del PSOE y fortalecim multipartid  A Vargas
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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

-Trump's Crusaders March to War on Iran   By Eric Margolis 
-Humpty Dumpty Has Had a Great Fall  By Paul Craig Roberts 
-The Last Battle   By Chris Hedges
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COUNTER PUNCH
Analysis on US Politics & Geopolitics

Elliot Sperber   Apo Calypso 
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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
Amy Goodman’  team

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

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