jueves, 20 de junio de 2019

ND JUN 20 19 SIT EC y POL



ND  JUN  20 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

TURMOIL:

Stocks up to record highs (Fed and Energy stocks), Bonds (price) up (Fed and Iran safe-haven), Gold up (Fed and Iran safe-haven), VIX up(hedging melt-up gains or levered longs), Dollar down hard (Fed uber-easy and no safe-haven bid?), and Rate-Cut Expectations soared
US Equities surged overnight, opened at record highs (S&P), but were sold from the cash open, accelerating close to unchanged when Trump warned Iran "made a very bid mistake"... then after he seemed to walk back the event, stocks recovered some of their gains...

See Chart:
NOTE - remember tomorrow is a quad witch


“We are inclined to believe it has more to do with tomorrow’s quadruple expiry in futures and options markets than a true shift in investor sentiment,” said Russ Visch, a technical analyst with BMO Capital Markets.
“The quality of the rally since late May (narrow participation, extremely light volume) suggest it’s nothing more than a relief rally within an ongoing medium-term downtrend,” he said.
See Chart:


The S&P 500 hit a new all-time intraday high at the open...
See Chart:
Previous Record High  vs. Trump today
NOTE - Previous S&P intra high 2954.13, close high 2945.8)


Late-day buying panic was sparked by all that pre-expiration gamma again...
See Charts:


US Bank stocks continue to notably underperform as yields collapsed...
See Chart:


SLACK SLUMPED...
See Chart:


Despite the equity gains, VIX ended the day higher... more instability more weak Eco
See Chart:


The jaws of death widen...
See Chart:
S&P  vs 10Y Yield


Treasury yields tumbled...
See Chart:


With 10Y Yields plunging below 2.00%...
See Chart:


And 2Y yields failed to bounce at all today...
See Chart:


The dollar was dumped - the biggest two-day drop since Feb 2018...and DXY back below the 97.00 level...
See Chart:
DXY Dollar Index


Oil prices exploded higher (biggest day since 2018) on the US-Iran headlines... (this is the biggest 3-day spike since Dec 2016)
See Chart:


Finally, US (and Europe) markets' expectations for central bank rate-cuts have collapsed to cycle lows (52bps of cuts in 2019 and 86bps of cuts by the end of 2020)...
See Chart:


And in case you're wondering what's driving stocks back to record highs... Simple - global money supply has surged once again to rescue markets...
See Chart:
S&P Global Money Supply Proxy  vs. US MACRO SURPRISE INDEX
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La inversion especulativa se fue al diablo All Yields fell down

Yield-hogging is a pejorative term, and it should be. The whole financial crisis started because people decided to reach for another 30 basis points. Rule number 42: don’t be dumb.

Read this:
The 35% in equities should all be invested in stocks with growing dividends, across all sectors.
The 55% in fixed income should be split between Treasuries (including TIPS), corporates, mortgages, municipal bonds, and a handful of international bonds.

Then you have the 3% commodities, the 3% gold, and the 4% REITs.
The blended yield of this portfolio is probably around 3 to 3.5%. You could retire on that!
Yield hogging is a pejorative term, and it should be. The whole financial crisis started because people decided to reach for another 30 basis pointsRule number 42: don’t be dumb.
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One of the big lessons from the demographic history of countries is that population explosions are temporary...
See Chart:
World Population Growth 1700-2100
See more Charts
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio

"It’s an expansion that was created by the Fed, created by cheap money, and it needs more cheap money to survive longer. But the problem is all of this is destructive for the US economy. That’s what no one wants to admit..."
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"There is a surge of suicides in adolescent males." 
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"Five or six months later . . . it’s not coming together...
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Production from the country has more than tripled since 2013 and those fighting the "war" on the ground, like police officer Jose Carvajal, are in desperate need of more help and resources.
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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


"IRGC Commander Hossein Salami said shooting down the drone had sent a clear and strong message for the US"
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QATAR is one of the countries participating in US invasion of Middle East and this war will take very long. Qatar won’t be able to guaranty a peaceful Futbol-Mundial. I guess is time to cancel this place as cede for the WORLD FUTBOL CUP  Read this article: 

You and I are just pawns in this game, and the last thing the ruling elite want are pawns who question the official narrative...
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Tech: the world trap of progress = toward WW3
... the Air Force is dangerously behind the development curve of hypersonic missiles amid an arms race between China and Russia.
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Once the US put India in his pocket .. India lost his sovereignty. What a mistake!
The move comes less than a week after India announced retaliatory tariffs as high as 70%...
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Russia's ability to project naval power in the Carribean shows Moscow is ready to defend its national interest in the Western Hemisphere.
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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

ALAI ORG

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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

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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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