ND APR 3 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 Economic situation today: Focus on last 2
Charts
by Tyler Durden Wed, 04/03/2019
Stocks,
bitcoin, and bond yields were up on the day despite US macro data crashing to
its weakest since April 2017...
See Chart:
US MACRO Surprise Index S&P 2878 possible adulterated by The Furer staff
Nasdaq and Small Caps
outperformed as S&P, Dow, and Trannies all bounced off 'unch' late on...
US-China trade headlines 3 minutes before the close confused algos as it was clear the deal was not done...
See Chart:
After
S&P triggered on Monday
Facebook
floundered...
See Chart:
And VIX
is not buying this equity exuberance...
See Chart:
Leaving
10Y Yield back above 2.50%
See Chart:
The
Dollar dropped to 5-day lows today, weakening after the China trade headlines...
See Chart:
Commodities
were quiet today despite the USD weakness...
See Chart:
And WTI
actually ended lower after a major crude build... China didn’t follow US
See Chart:
As US economic data shows the weakest start to a
year since 2008... 2 last CH OK
BUT THEN AGAIN - STOCKS DON'T SEEM TO CARE...
See Chart:
…
SOURCE: https://www.zerohedge.com/news/2019-04-03/bitcoin-bond-yields-jump-economic-data-dumps-2-year-lows
----
----
“We’re in a very different world today,’’
First it was the dot-com stock
market boom of the late 1990s that crash landed and led to the 2001 recession.
Then it was the housing boom and bust of the 2000s that preceded the biggest
economic contraction since the Great Depression. And now it is the
Central-Bank-inflated 'everything' bubble that everyone knows will end badly -
it's just a matter of when...
Perhaps, just perhaps, it's
soon. As financial conditions have
reached a stunningly 'easy' level in recent weeks as The Fed pivoted from 'everything is awesome' to
'take cover'...
See Chart:
Chicago
Fed Financial Conditions Index
So, we suggest, Powell and his
pals look at the charts above and below.
As the
following chart shows, just a
small 'over-tightening' of financial conditions prompted a collapse in real
economic data, and due to the lagged effect, it's not over yet - despite
what the 'market' for stocks would have you believe...
See Chart:
Evidently, Bloomberg notes
that the quandary for the Fed is
that easy monetary policy seems more effective in
spurring asset values than it does in boosting prices of goods and services.
Seemingly ignoring his own
warninsg from the past (when he was not Fed head), Powell has brushed off
concerns that the central bank’s shift to an easier stance could spur a
stock-market bubble such as occurred in the late 1990s dot-com boom.
“We’re in a very different world today,’’ he told reporters on March 20,
arguing that the Fed is much more attuned to such risks than it was back
then. “We don’t see financial
stability vulnerabilities as high,’’ he added.
Nope, nothing to see here, move
along...
See
Chart:
Maybe,
just ,maybe, embedding moral hazard into the minds of every investor in the
world with an unprecedented pivot to the easiest financial conditions in 25
years should panic investors of just how fragile this shitshow really is - as
opposed to enthuse them to buy every dip to new record highs? Or maybe
we're "just too old to get it!"
….
----
----
The banks are broken and this worldwide economy needs them not to be. That didn’t change in 2017,
just like it didn’t in the weeks and months and years following Bear Stearns’
“rescue.”
====
What cannot
be replaced by corporate chains is neighborhood
character and variety.
What cannot be replaced by corporate chains is
neighborhood character and variety.
In the U.S., and presumably elsewhere, there are
other financial pressures on small businesses: the complexity of compliance with the ever-increasing
thicket of regulations is constantly increasing, as are taxes and fees as local
government seeks to extract more revenue from the small-business tax donkeys.
These increases in costs while
revenues sag as customers seek cheaper chain meals or simply stop going out at
all are a double-whammy.
See
Chart:
American
Dynamism in Retreat
But look at what's lost in the demise of local small businesses:
-- The loss of neighborhood character and variety, replaced by
homogenized chains and lifeless shuttered storefronts.
-- the loss of food
that's been prepared by hand with real ingredients.
-- the loss of neighborhood cohesion and social circles;
residents who were once recognized as individuals and who belonged to loose but
important social circles are unknown in faceless chain outlets.
-- the loss of local
employment. Employees in chain outlets commute from distant places, and their
hours and locations may change, making it impossible to know local residents.
-- the
loss of walkable, interesting neighborhoods. What's there to explore or provide
interest in a string of steel and glass chain outlets?
-- the loss of local
social gathering places. Once local neighborhood places are lost, people
gravitate to McDonalds or similar chain outlets because McDonalds will not
hurry customers away from its tables. In some cultures, the American fast-food
outlets are attractive because they are clean, well-lit and class-neutral: they
serve every customer with well-trained politeness: the service is as uniform as
the food.
The essay helps us understand why Western fast-food
outlets have achieved such extraordinary popularity around the world: they provide inviting social spaces, not just
uniform, consistent, reasonable-cost food.
Needless to say, American
fast-food outlets are engineered to provide these social-space and
class/gender-neutral assets as well as carefully engineered menu selections; in
many cultures, McDonald's offers women and a safe and acceptable place to
gather and socialize. fast-food outlets are popular with students for similar
reasons.
My point here is not to say
that fast-food outlets don't serve a positive social role; the point is what
fast-food outlets provide is not a 100% replacement for what's lost as local
Mom and Pop stores and cafes vanish.
What cannot be replaced by corporate chains is
neighborhood character and variety: once
locally owned and operated businesses wither and die, the neighborhood looks
like other every other redeveloped, homogenized street around the world.
…
----
----
US DOMESTIC POLITICS
Seudo democ duopolico in US is
obsolete; it’s full of frauds & corruption. Urge cambio
Ways and Means Committee Chairman
Richard Neal said Wednesday evening that he had filed a formal request with the
Treasury to obtain six years' worth of the president's tax returns...
====
How in the world is this possible?
====
Minnesota farmers reported real
median net income of $26,055 last year, down 8% from 2017 and the lowest figure
since the early 1980’s
====
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
Pence is an abandoned baby-ET. Here
on earth NATO is dying & about to be smashed
"Turkey must choose. Does it want
to remain a critical partner in the most successful military alliance in
history or does it want to risk the security of that partnership by making such
reckless decisions that undermine our @NATO alliance?"
====
Crises that seemed contained not long ago have now spiraled out of
control - and
the prospects for resolving them peacefully look depressingly bleak.
====
Cold War
2.0 is now
underway...
====
SPUTNIK
and RT SHOWS
GEO-POL n GEO-ECO ..Focus on neoliberal expansion via wars
& danger of WW
----
----
NOTICIAS
IN SPANISH
Lat Am search f alternatives to
neo-fascist regimes & terrorist imperial chaos
REBELION
====
ALAI ORG
====
RT EN ESPAÑOL
- Maduro: "situación de alerta" en unid militas ante "planes criminales"
- Moscú: "US quiere proteg en Ven que haga lo que le digan, sobr tod en petr"
- US planea "inyectar dólares" para "rescatar" la econ de Ven si cae Maduro
- ¿Quiénes son los 'whitexicans' y por qué han causado revuelo en México?
- La guerra comercial con EE.UU. lleva a China a una alianza con México
- El Zoom Ucrania: sueños a la deriva
- Keiser Report
- "Estamos al borde de una revolución"
----
----
INFORMATION
CLEARING HOUSE
Deep on the US political
crisis: neofascism & internal conflicts that favor WW3
-Chinese troops arrives in Venezuela? By News Desk
-
China and RU Sends Troops to VEN: TO US It’s Not Your ‘Backyard’ By T O'Connor
-
Guaidó Confesses Being Behind Sabotage of VEN’s
Electric System By G Villapol
-
Like Libya and Syria, Venezuela Is Not “Just
About Oil” By Andre Vltchek
- Collusion Hiding in Plain Sight By Doug Noble
US-ISR
----
----
COUNTER
PUNCH
Analysis on US Politics &
Geopolitics
Lance
Olsen Why
All the Uproar Over the Green New Deal?
Serge
Halimi A
Neoliberal “Wall of Values”
Elliot
Sperber Political
Economy of the Squirrel
----
----
GLOBAL
RESEARCH
Geopolitics & Econ-Pol
crisis that leads to more business-wars from US-NATO allies
----
----
DEMOCRACY
NOW
Amy Goodman’ team
----
----
PRESS
TV
Resume of Global News described
by Iranian observers..
----
===
No hay comentarios:
Publicar un comentario