jueves, 19 de septiembre de 2019

ND SEP 18 19 SIT EC y POL



ND  SEP 18  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

It seems Trump’ Gvt  inefficiency is transparent.. and .. QE4 won’t save him:

“Powell: Funding pressures have not implication on monetary policy stand”

After two days of liquidity issues in the repo market, prompting the biggest Fed response in over a decade, Jay Powell proudly proclaimed that there was nothing to see here, move along...



The market wasn't buying it...

And see this Chart:

Until of course, Powell suddenly got the tap on the shoulder and promised "moar":

“It is certainly possible that we’ll need to resume the organic growth of the balance sheet sooner than we thought.”

In other words - QE is coming, just not yet... and stocks rebounded excitedly...
See Chart:

By the end of the day, stocks had pushed back up to the highs of the day... (but gold, bonds and the dollar shurgged off the QE4 hint)...
See Chart:


S&P and Nasdaq did their best to scramble back to unchanged on the week...
See Chart:


Banks were the big gainers on the day as rates surged...
SEE Chart

Very mixed picture across the curve today with yields rising after The Fed but on the day, the long end was lower in yield (30Y -3bps) and short-end higher (+3bps)...
See Chart:


30Y yields rose very modestly on The Fed but ended lower on the day (again ignoring Powell's QE4 hints)
See Chart:


The dollar spiked - on the relatively hawkish Fed statement - ignoring his more dovish promises...
See Chart:
Bloomberg Dollar Index


In commodity land, everything was lower (stronger dollar) with WTI worst (surprise build and reduction in war rhetoric) and gold actually outperformed...but on the week copper is weakest
Gold was monkeyhammered lower - erasing the post-Saudi-bombing gains, before bouncing
See Chart:


Finally, to circle back to where we started, The Fed has totally lost control over its rate transmission process - we will have to see if the IOER cut today and Powell's promise of 'moar' will make any difference...The effective fed funds rate printed outside of the central bank’s target band Tuesday for the first time since the financial crisis.
See Chart:


Additionally, we note that the market is now pricing in less than one more rate cut for the rest of the year...
See Chart:

And don't forget FedEx shit the bed this morning...

FedEx down 12% from open...

If the FedEx signal is anything to go by, then we are headed for rather bad times ahead..

I have my chips on this as well.. pic.twitter.com/SRisUCSoLc
— AndreasStenoLarsen (@AndreasSteno) September 18, 2019
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For the first time in several years, economic uncertainty is now their lead concern, replacing worries about the difficulty of hiring and retaining talented workers...
See Chart:

According to CNN, 53 percent of chief financial officers expect the United States to enter a recession prior to the 2020 presidential election. That information was sourced from the Duke University/CFO Global Business Outlook survey released on Wednesday. And two-thirds predict a downturn by the end of next year.  While a slight downturn may not amount to a recession, it certainly means CFOs are taking the initiative to prepare for the worst.

Since the Federal Reserve is eyeing another rate cut in an attempt to prop up the flailing economy, CFOs are noticing the other red flags that have been popping up regularly for the past few months. But spending is still expected to rise in the U.S., even though most Americans cannot afford to do so. Businesses may have a little more leeway, and their spending is also expected to rise.
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Trillion Dollar baby...

Microsoft remains the largest market cap company in the world - well north of the trillion dollar mark - and judging by tonight's press release, it intends to stay there.

Microsoft Corp. on Wednesday announced that its board of directors declared a quarterly dividend of $0.51 per share, reflecting a 5 cent or 11% increase over the previous quarter’s dividend. The dividend is payable Dec. 12, 2019, to shareholders of record on Nov. 21, 2019. The ex-dividend date will be Nov. 20, 2019.

The board of directors also approved a new share repurchase program authorizing up to $40 billion in share repurchasesThe new share repurchase program, which has no expiration date, may be terminated at any time.

See Chart:

Thank you Mr.Powell...  VS.
Thanks to machines: its miracle printing free money to feed the private greed gluttony
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"It is certainly possible that we’ll need to resume the organic growth of the balance sheet sooner than we thought."

See Chart:
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It is official:

“They have no implications for the economy or the stance of monetary policy.”

This triggered another down leg in bonds, stocks and gold...
See Chart:
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio


“I don’t think anything even existed coming close to what we’re facing today,”
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What about Trump-CA-Gov DEAL: T + pillonaires & CA Gov pay taxes to sup-homeless

"California cannot spend its way out of this problem using federal funds." 
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I do believe with that special tax: homeless +  other poor Prob will be solved
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FREE HOME for working & middle classes is the solution. For the rich bankers decide

For the rich the “whole thing is a car wreck. It’s a dumpster fire.Who cares?
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The most idiotic waste of US money… at high cost of Human rights.. a case f Impeach?
Is the border wall a smart wall? 
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YES this idiotic waste of money is the  most ethical case for impeachement
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One more weapons in the hands of US Gvt? IF true, maybe spread fear is real intent

If governments turn control of their weapons systems over to fully-autonomous machines, we may face devastating, unintentional calamities or acts of war...
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ISR plan: Destroy Hamas to advance on Iran

...he makes Netanyahu look like a dove in comparison.
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More fascistic than Netanyahu is the right comparison
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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 worst ‘pandemic’ are WARS, they already killed more than 80M & WW3 be ++

...would wipe out 5% of global economy.
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Don’t be sarcastic nor hypocritical: US budget show more than 40% on wars
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I can’t believe our Empire will waste “creative energy” terrorizing Salomon Islands

VP Pence has cancelled a scheduled meeting with Solomon Islands' Prime Minister, citing "consequences".
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Que los bufones de la alianza judeo-cristiana lo sugieran, no extraña=Circus
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The ‘PRIVATE GREED’ don’t have limits, the public life & PUBLIC NEED don’t matter
 
But there’s another category of businesses in the mining industry called...
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Here the new religion of billionaires.. Bitcoin is the only GOD they trust

The view that Bitcoin merely appeared when developers created it, taking their cues from an apocryphal white paper, erroneously casts aside a century of technological progress and, more directly, several decades of monetary innovation.
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ORDER? All religious stupidity started with such  dogma.. Good bless their ass
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Amnesty International recently tagged Turkey the "world's largest prison for journalists."
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The fear of Monopolar aggression could force the Saudis to buy into team 'Multipolarity'...
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The craziness of war:  RU getting ready.. NO UN Plans to dismantle nukes..
"The air defense regiment of the Russian Northern Fleet deployed on Yuzhny island of the Novaya Zemlya archipelago has been completely reequipped with new S-400 systems." 
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The Gold manipulation… nothing new
...this will leave you speechless...
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SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO  ..Focus on neoliberal expansion via wars & danger of WW3

- Does Anyone Actually Trust Mike Pompeo?  To him money counts .. Like P..
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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes & terrorist imperial chaos

REBELION

UE:  La cara oculta del milagro portugués  Mickaël Correia
ECON:  Crisis, instrumento del capitalismo  Carlos G. Osto
TECK:  Internet de las vacas  Silvia Ribeiro
ECON:  Desglobalización… otra vez   Demián Morassi
Opin::  ¿Crisis del marxismo?  Miguel Alejandro Hayes
Am-Lat:   Neofascismo latinoamericano  Cristóbal León
Perú :  Reflexiones sobre el momento político  Elio Portocarrero
ARG: Ent a Beba Balvé,  " conceptualizar el  enemigo subversivo  M H
Cuba:  Carta sobre el socialismo   Yunier Mena 
COL:  La Gabarra, la noche que nadie olvida  Fernando Alexis
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ALAI ORG

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RT EN ESPAÑOL

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LO DEMAS PARA MANIANA


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

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