jueves, 11 de julio de 2019

ND JUL 10 19 SIT EC y POL



ND  JUL  10  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

THIS IS MADNESS!
Did The Fed jump the shark entirely with their non-data-dependent rate-cut that was so exposed today?
The most dovish rhetoric since 2017...
See Chart:
Powell offers the FED’s most DOVISH  Rhetoric since 2017
BLOCKED CHART  go to the source at the end to see it


"It is very difficult to look at these markets and listen to Jay Powell and make any sense of it," exclaimed CNBC's Rick Santelli.

Even the typical cheerleaders are losing faith. None other than CNBC's Steve Liesman asked (rhetorically):
"At 3000 on the S&P and 1.83 on the 2Y, how much looser do financial conditions need to be."
Powell spent the morning explaining how much "uncertainty" there is and why that means a rate cut is urgently needed... trouble is, stocks don't care in the least...
See Chart:


Perhaps of even more note, even The Fed is waking up to the fact that it is - in fact - manipulating markets...
"While overall financial conditions remained supportive of growth, those conditions appeared to be premised importantly on expectations that the Federal Reserve would ease policy in the near term to help offset the drag on economic growth stemming from uncertainties about the global outlook and other downside risks."

The Fed suddenly realizes the reflexive impact of its policies (and perhaps the vicious cycle endgame they know they will be unable to escape from by the time this is over).
Stocks only track global liquidity...
See Chart:


And nothing else...
See Chart:


So are bonds right? Or stocks?
See Chart:
S&P vs 10Y Yield


Simply put, it's madness:
See Chart:
BLOCKED CHART


Nasdaq (all time closing high) outperformed on the day, but it was the S&P crossing above 3,000 that made the headlines. Trannies ended red...
See Chart:
Maybe this is part of the madness in the blocked Chart


S&P tagged 3k at the open but failed twice to get back up there...
See Chart:


Small caps continue to dramatically underperform the S&P...
See Chart:
Russell 2000 vs. S&P 500


Treasury yields tanked on Powell's reaffirmation of uber-dovishness, with the short-end massively outperforming (2Y -8.5bps, 30Y +3bps)...
See Chart:


10Y Yields stalled at the pre-FOMC levels and dumped on Powell...
See Chart
FOMC vs. UST 10Y Yield


One of the biggest steepening days of the last decade...
See Chart:


The odds of a 50bps rate cut have exploded today, from 0% to 23%...
See Chart:
July Rate-Cut  odds


Before we leave rates-land, debt-ceiling anxiety is increasingly evident in the yield curve...
See Chart
US Treasury Bill curve: FOMC Uncertainty vs Debt  Ceiling Anxiety


The dollar dumped on the day after Powell promised rate-cuts but remains well off the pre-payrolls levels...
See Chart:
FOMC vs Bloomberg Dollar Index  vs. Powell


WTI Crude exploded higher today, back above $60 as inventories showed major draws and tensions in the MidEast picked up once again...
See Chart:
WTI  Crude


Finally, as Credit Suisse notes, this has been the longest period of negative macro surprises in the past 20 years - while it of course also has been the longest expansion ever...
See Chart:


But, since the June FOMC meeting, GOLD remains the easy winner...
See Chart:
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...the debt limit “X Date” - the date when the federal government can no longer pay all of its bills in full and on time - could occur in the first half of September.

SEE Chart:
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Whole neoliberal system is over. Decentralize Banks means give power to local lords

Around the world, Central Banks are slowly starting to bow to political pressure...
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We have to get a New Econ system. Meaning: transfer all BANKS & all means of production gave it by nature (all natural resources like mines, water, gas, oil, etc) and all Tech: big instruments of work elaborate by man from row material in the course of history.. transfer all of them to a State controlled by working classes and productive entrepreneurs (the middle investor, not WS speculators)
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You want to reduce CO2? Then trigger a global depression that reduces global consumption of everything by 50% and destroys 95% of the phantom wealth owned by the global elites trying to monetize the air.
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If the Fed initiates rate-cuts in July, and if history proves prescient, then current estimates for a Fed Funds rate of 1.50-1.75% in the spring of 2020 may be well above what we ultimately see...
See Chart:
See More charts at:
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio


Both parties (Dems & Reps) are ultra corrupt.. at the end they will cover it up

It won’t just be Jeffrey Epstein that will be on trial in the months ahead.  As this scandal unfolds, the entire U.S. legal system will be on trial, and if justice does not prevail many Americans will lose faith in the system for good.
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"Identity Politics has produced a Supreme Court that regards achieving diversity more important than citizenship..."
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Trump moving the economy in “ positive direction" means given the rich all power
"African-American unemployment is at its lowest level…  I give the president a lot of credit for moving the economy in a positive direction..."
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Trump “ positive direction" also means excluding art-thinkers like  Ben Garrison

"...people in the administration were privately defending the invitation..."
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Using the dogmatic B..chit “Anti-semitism” is ISR conservative ideology to cancel freedom of expression on real holocaust of Palestinian whose land had been expropriated. It is CRIME AGAINST HUMANITY that ISR is practicing today and they uses the non-sense B..chit “Anti-semitism” to cover it.  
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Corrupt intelligence?.. I guess everything is rotten in America.. Bye bye Empire

“I was told Epstein ‘belonged to intelligence’ and to leave it alone...”
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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 newest estimates out of the China Association of Automobile Manufacturers for 2019 are once again turning (even more) pessimistic...
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Bye Bye xinpphobia?.. That makes American News more reliable!
Dar al Cesar lo que es del Cesar y a Dios lo que es de Dios. Dios=Pueblo-Nacion
See Chart:
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“In Deutsche Bank, the flood is biblical”. Interesting uses of the Bible.. BUT, but:
Which flood we prefer: Tigris or Euphrates. T- bring fire (Yellow Stone); E-brings total destruction: San Francisco. No way to ask for biblical canoe: here the lion eat sheeps

When it rains inside the halls of Deutsche Bank, the flood is biblical.
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FOR A FUTURE WITHOUT EMPIRES: US Bombs + bridges is NO an option. RU will bring the same. Perhaps the Chinese “silk route” is bringing something new.. but if US continue pushing them to the left.. China won’t be middle-line betw  Capital vs. Labor

There is a crisis in the Western world. Both in terms of domestic affairs and foreign policy, Western nations are showing all signs of impending collapse...
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With the pollution of oceans with war residual –even semi-nukes- we will lose all fish 

According to some estimates, humanity currently uses resources 50 percent faster than they can be regenerated, but several major resource shocks have gone underreported – and may change the way we live irrevocably...
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Still wasting time making propaganda to Biden, this bastard is the same as Hillary: evil
"There’s no reason for these to be in an S corp - none, other than to save on self-employment tax."
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More stupidities on Socialism. To stop distortions just read SOCIALISMO EN NUEVA DEMOCRACIA  .. not the garbage below:
Socialism, as a regime of willful ignorance of fundamental economic laws and economic illiteracy, drives society back into the Malthusian trap..
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NUKE competition between US-RU are infesting waters.. our fish is infested
"It is assumed that the ventilation hole at the top of the submarine tower is in direct contact with the reactor inside the wreck." 
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This time RU:  The US doesn’t report the damage they do
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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

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ALAI ORG
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RT EN ESPAÑOL

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COUNTER PUNCH
Analysis on US Politics & Geopolitics

George Ochenski   Speaking Truth to Power
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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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