ND SEP 10
19 SIT EC y POL
ND denounce Global-neoliberal
debacle y propone State-Social + Capit-compet in Eco
TIME to take US Milit OUT OF
SYRIA! United they be defeated both US-al-Qaeda!
American weapons, equipment, and
ammunition poured into the hands of terrorist in northern Syria.
====
ZERO HEDGE ECONOMICS
Neoliberal
globalization is over. Financiers know it, they documented with graphics
TRUMP’s re-election depends on
China Deals in Oct.. if postponed, Trump is out
... And here is why it may continue.
....
Can Trump stop US Econ volatility? IF not he is out of the
game (Elec-include). Volatility feed big bankers & huge Corp gluttony. Our
Nation don’t need them
….
To those who read, and took
heed of, last week's Quant Insights report by Citi, which cautioned that Price
Momentum and Low Beta outperformed while Value underperformed most in August as
the equity market turned to risk-off again, that Low
Beta (Low Vol) had become the most crowded factor in the U.S. because of its
historically high valuation and macro risk exposure, and that Short interest
continues to build up in high beta stocks...
See Fig 1:
Daily
Factor Performance and Volatility
2018-2019
Before answering that question
which suddenly preoccupies anyone who trades real money, Kolanovic reminds us
that as discussed recently, the positioning of equity
investors is near historical lows, "with global hedge fund equity beta in
its 2nd percentile, and equity long-short hedge funds in its 1st
percentile."
See Chart:
Hedge
Founds equity Beta (HRX) According
to JP Morgan
Given record high
gross and near record low net exposure, the most likely way to increase
exposure is by closing shorts. This is the type of move that we saw yesterday and we think it has a lot of
room to continue.
Indeed, as noted earlier, one
of the main reasons for the dramatic push higher in
stocks today was precisely due to a wholesale lifting of the most shorted
stocks...
See Chart:
“More
Shorted” Stocks vs Russell 2000
Besides the purely technical
reasons, Kolanovic also predicts that a more sustained
value and broader market rally beyond the October trade talks is "quite
possible" given the recent increase of monetary and fiscal stimulus
globally that typically acts with a delay, coupled with
the rebound in the China credit impulse. [IF happens ]
And while manufacturing lags
both, JPM now expects that in the coming months manufacturing activity will
pick up "given the increased monetary stimulus, providing support for the
market and value stocks." As such, "the
October negotiations will be the key for future performance of equity markets
and more broadly the global economy", and a favorable outcome could
results in further dramatic mean reversion if the
value-momentum divergence.
See Chart:
Effects
of China Credit Impulse
There is another wild card why
Kolanovic is "cautiously optimistic" about progress being made during
trade talks, and it has to do with growing fears that
the US economy is sliding into a recession, and Trump's desire to avoid being blamed for one especially with the 2020 elections
just around the corner.
As JP Morgan argues, "recent voter polls indicate that 65% of US voters would blame
US administration trade policies and Trump directly for market volatility, and
57% would blame Trump if the US were to enter recession."
These results were confirmed with another poll yesterday indicating
similar results. A
recession going into election would be politically devastating, and with the
time window to the election closing, it would be reasonable to expect some progress on trade. This
could give enough time for monetary and fiscal measures to turn around economic
activity.
In sum,
while the recent violent snapback between value and low beta/momentum stocks is unlikely to persist at the same pace,
JPMorgan's head quant believes that "the value rotation can continue and
the broad market could move higher IF going into
October negotiations, and IF real progress is
made, US will continue into a more sustained rally."
[[
Let’s see what happen. IF China trust US & revive the neoliberal monster..
the monster may try t-chop China’ head & IF China
betray world Nations bye bye China ]]
….
SOURCE:
https://www.zerohedge.com/markets/kolanovic-what-just-happened-has-only-occurred-two-days-history
----
----
Meanwhile: Bye Bye Bonds!
Momo
traders be like...
The
'Quant Quake' has spread across the world...
Michael Krause:
The
global quant reshuffle continues... Catchup moves in Asia and continuation in
Europe/US. c/o Morgan Stanley
Se Graph:
And
showed no signs of stopping in today's trading session...
It
seems like the momentum factor reached a serious level of resistance once again...
See Chart:
Pure
Momentum Total Return
And as
momo collapses, Treasury yields are soaring as CTAs are forced to dump bonds...
See Chart:
30Y TSY
Yield (individual) MOMO FACTOR ..down
And may
mean that bonds have a long way to fall before this is over...
See Chart:
Dow
Jones vs. US Generic Govt 30 Y Yield
On the
day, Trannies and Small Caps surged (see short-squeeze below) as Nasdaq
tumbled, only to be panic-bid back near unchanged on the day
See Charts:
NOTE - stocks melted up in the last few minutes as bond yields really
spiked into the close.
XLE
Energy ETF start plunging as WTI felt down
See Chart:
The
late-day carnage in bonds was focused more on the short-en, sparking a bear
flattener...
See Chart:
UST
3M10y Spread
WeWork
bonds crashed today, erasing the post-IPO filing gains and falling back below
par...
See Chart:
We Work
2025 Bond Price
The
Dollar trod water for the 2nd day in a row (hovering around the lows of Trump's
tariff tantrum)...
See Chart
Blommberg Dollar Index
Meanwhile,
the firing of neocon NSA John Bolton coincide with crude oil contracting...
See Chart:
Crude
Oil continue contracting
Finally,
while policy uncertainty has hit record highs, equity market uncertainty
remains delusionally low...
See Chart:
Equity
Uncertainty vs. Policy Uncertainty
But the
yield knows better what is to come...
See Chart:
UST
2s10s (inv) vs. VIX
….
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US DOMESTIC POLITICS
Seudo democ duopolico in US is
obsolete; it’s full of frauds & corruption. Urge cambio
WE don’t need the Bills from
crook Billionaires. E Warren victory is undisputed!
They found
that these families would have seen their net worth decline by more than half to $453.9 billion...
….
In my opinion they
should be expropriated for just “tax
evasion”
====
The best from Trump’ thumping
the neocons. We hope Trump’ finish this work
Donald
Trump finally fired National Security Adviser and all-around disgraceful human
being John Bolton...Good riddance.
====
The worst from Trump’ crackdown
the poor. We hope he rectify!
A "very large delegation" of
Trump administration officials were in town to discuss the matter.
====
The 9/11
attacks not only killed thousands of Americans, they also led to America’s forever wars... and
fortified the U.S. government as a national-security state, which
solidified the destruction of the freedom of the American people.
====
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
TIME to take US mil out of SYRIA! United
they will be defeat both terror: US-al.Qaeda
American weapons, equipment, and
ammunition poured into the hands of terrorist in northern Syria.
====
...a world
exclusive interview with Lula, the former Brazilian president, who remains in
jail, on fights with Hillary,
talks with Ahmadinejad, Obama
"good but nervous and too young"...
====
JAPAN
AND GERMANY UNITED TO SHUT DOWN NUCLEAR
POWER GOOD! But not the
Introduction in either the title or the comment below
"Any
nation committed to raising the living standards and productive powers of its
people cannot tolerate a
de-carbonization or de-nuclearization plan for even a minute."
====
President Trump famously dubbed
Vestager the "tax
lady" and accused the Dane back in June of 'hating the US'...
….
Trump’ regime is a failure… we are losing friends worldwide.
Time to .. you Kn
====
SPUTNIK
and RT SHOWS
GEO-POL n GEO-ECO ..Focus on neoliberal expansion via wars
& danger of WW3
----
----
NOTICIAS
IN SPANISH
Lat Am search f alternatives to
neo-fascist regimes & terrorist imperial chaos
REBELION
VEN: Por qué volvió a fracasar
la oposición? Manuel Sutherland
Chile: 11 de septiembre: Nuestro
día D. Ismael Llona.
====
ALAI ORG
====
RT EN ESPAÑOL
- VIDEO: Aviones de EE.UU. lanzan 36 toneladas de bombas contra una isla iraquí "infestada por el EI"
- La UE creará brazo espacial y de defensa para sumar a las capacidades "colectivas" de la OTAN
- ¿Quién es el nuevo 'timonel' de Alibaba?
- Científicos afirman haber invertido el envejecimiento por primera vez en la historia
- Abbás anuncia el fin de todos los acuerdos con Israel si este anexiona tierras palestinas
- Apple presenta la línea de teléfonos iPhone 11
- Muere teniendo sexo extramatrimonial en viaje de negocios y corte dictamina accidente laboral y ordena indemnizar a su familia
- Confirman la sexta muerte ligada al uso de los cigarrillos electrónicos en Estados Unidos
- Bolton promovía una "estrategia extremadamente agresiva" y contraria a los intereses de los ciudadanos
- Keiser Report "EE.UU. está en declive y el dólar perderá su estatus de privilegio"
- Perú: La muerte lenta del Titicaca, el lago navegable más alto del mundo
----
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INFORMATION
CLEARING HOUSE
Deep on the US political
crisis: neofascism & internal conflicts that favor WW3
-Trump fires John Bolton as national security
advisor By Adam Button
----
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GLOBAL
RESEARCH
Geopolitics & Econ-Pol
crisis that leads to more business-wars from US-NATO allies
- Mining,
Murder, and Impunity. Protests in Mexico against Canadian Mining company By Katarina Sabados
----
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DEMOCRACY
NOW
Amy Goodman’ team
-“They
Need Our Help”: Bahamian-American Lawmaker Urges U.S. to Let In Storm Survivors
Seeking Refuge
----
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PRESS
TV
Resume of Global News described
by Iranian observers..
Republican
narrowly wins US special N-C Congress Election
----
===
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