jueves, 19 de septiembre de 2019

ND SEP 19 19 SIT EC y POL



ND  SEP 19  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



Billions more in immediate liquidity, a promise of moar to come, but indications are that things are not improving and stocks gave up their early gains... somebody do something!!

Trannies and Small Caps are red post-FOMC...
See Chart:


But the odds of a trade deal tumbled after hawkish comments on tariffs from Washington...
See Chart:
Odds of a China Trade Deal  down


Chinese stocks managed gains on the back of The Fed's promises

Banks eased back from their gains yesterday as they reached a key resistance level...
See Chart:


US Treasury yields fell 2bps across the entire curve today...
See Chart:


30Y Yields continued to slide after peaking last Friday...
See Chart:
UST 30Y Yield


The Dollar erased all of the supposed "hawkish cut" gains from yesterday...
See Chart:
Bloomberg Dollar Index


Finally Don't forget, it's Quad Witch tomorrow - so hold on to your hats - as S&P 500 looks pinned around 3,000...
See Chart:
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SELLING US ECON FUTURE  to get a trumpist ‘ re-elected

"There is a reason that the Fed chair often has a haunted look... to his deep and never-to-be-expressed frustration, the Fed is setting monetary policy in a way that increases the likelihood that President Trump will be reelected next year."

In Jackson Hole, Powell named the challenge to the global economic outlook, not personally (US President Donald Trump), but operationally: heightened trade uncertainty, he said, presented a new drag on aggregate demand. Back in 2018, most Fed officials believed that 3% annual real GDP growth was unsustainable, because resource utilization was already taut. That assessment led the Fed to hike the policy interest rate by a quarter point four times.

Essentially, dollar appreciation is a channel through which policymakers “donate” domestic economic strength to US trading partners that now have weaker, more attractive currencies. With the ECB’s policy rate distinctly negative and its asset-purchase program running out of steam, Draghi especially appreciated the gift of easier European financial conditions last year.

By early 2019, the Fed viewed this new economic headwind as obviating the need to continue raising the federal funds rate. As the year unfolded and the trade winds intensified, Fed officials switched course and began to ease policy.

As a consequence, when the Fed pivoted, all other major central banks followed.  .. The ECB’s response, of course, means less dollar depreciation, weakening the stimulus effect of the Fed’s move. And the consolation that by easing policy, the Fed single-handedly induced worldwide monetary accommodation does not get much credit from the White House. 

Probably to Powell’s deep and never-to-be-expressed frustration, the Fed is setting monetary policy in a way that increases the likelihood that Trump will be reelected next year.   Thus, if Powell succeeds, Trump will not bear the cost of his words and actions. This will invite more of the same.
There is a reason that Powell often has a haunted look, and not just at Jackson Hole.
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RELATED:  Political fate of Trump depends on war with IRAN..He can’t hide such Intent

“This president, he didn’t want to go to war with anybody, OK? That’s not his inclination...”
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IF TRUE.. 1-Take out all US military apparatus close to Persian gulf.  2- Clear the lies of Pompeo who invented the stupid story that Iran attacked Saudis with the drone who hit the oil-base burned. 3- Remove him from power, otherwise Trump is the direct mastermind of such idiocy. 4- Remove all sanctions against IRAN & be ready to real diplomatic Peaceful deal with them.
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RELATED 2: Econ implications of Powell policy

"...central banks can never step away from this...have created this world where it’s the snowflake market... It implies spoiled brats and a lack of resiliency...An overreliance, a dangerous, dangerous overreliance."
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RELATED 3: The miraculous machine printing money from thin air will continue in Nov

Expect balance sheet growth of roughly $180bn/year and net UST purchases by the Fed of roughly $375bn/year over the next couple of years.
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It doesn’t matter the USD future (exclude from deals to create a single world currency for banking & trade business) among those who back their currency in gold. For this conversion we will have a huge debt to cover USD & be part of IMF & big countries deal. Our fake economy will pay the consequences. Stilling gold from RU-China via WW3 is stupid & psychotic dream from war-mongers.
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See Chart:
We expect the Fed resume trend Growth of irs balance sheet in NOV
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"It’s not going to work this time. It doesn’t mean the central banks won’t try. But as I said, it won’t succeed. They’re going to destroy the dollar in the process, maybe even bring down the entire fiat monetary system..."
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Flooding from a tropical storm hit the Houston area on Thursday, with some calling the situation worse than Hurricane Harvey
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio


The right will never accept socialism, while the left will accept nothing less...
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That is why we need to organize the support of 3 sectors in middle classes. The upper (productive entrepreneur sector) , the middle-midle (who run small business) and the lower middle class ( who depend on monthly salaries). All of them have been drastically excluded by Big Corp, monopolies and bankers. With the middle classes org we will prevent violence & ‘blood’ pay by them.

Pew defines poor middle class as those whose annual household income is two-thirds to double the national median, which was $57, 617 as of 2016. By that definition, a middle-middle income with three-person household earns about $45,000 to $135,000. If you’re single, a salary of around $26,000 to $78,000 qualifies you as middle-income.  [[OJO:  we can rounded to $60,000 a year ]]

Among the  20 percent that include the  middle-middle  class is composed of those earning between $100,000 to $300,000 and the upper middle class include those who get from $300,00 to  $499,999. As seen in the chart above, (see it in the next art on middle classes in politics) those who get  earning close to the  average annual income above $135,000 puts a three-person family among the 19 percent of American households belong to that are upper-class. (The remaining 29 percent of American adults are part of the lower class.)

All these 3 levels of middle classes have networks and level of organization .So  it will be  easy to contact them and create a front to defeat big bankers & Corp

In the US the labor who get salaries between   $57, 617 and  below $135,000 a year (with 3-4 in the family) they do not consider themselves a “proletarian”, just  middle class, and many of them already belong to socialist organizations. That is why I said is easy to create with them a Front for coming elections. In the next art (middle classes in politics) I will explain also why with middle classes organized  we can avoid the “blood” expected in the art above.  I will explain with simple language concepts like synergy, homestasis, entropy and others used in systems theory when I was professor of Sociology. I will assure you that violence –if happens- won’t come from us, we don’t need to use it; but we will be ready to respond and negotiate with rightist opposition.
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Since the days of Big Bill Thompson, Chicago has been a cesspool of graft and corruption. Can waving the magic wand of bankruptcy cure the city of almost 100 years of amoral governance? Don't bet the farm on it...
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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 attack on Saudi Arabia’s major oil processing station in Abqaiq over the weekend was a major turning point in global politics. It may be even bigger than many of us realize...
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The end of Saudi Arabia doesn’t matter to me...  They were involved directly in 9/11 terrorist attack to US –with our complicity of course- recent INFO said that Tower 7 was an implosion done by US Agents. Saudis were also involved in the destruction of Lybia- Gadaphi regime (with Hillary complicity in the killing of 4 members de Bengazy US Embassy). In US many people think that Saudi  royalties enjoying terrorism with complicity of US political men-prostit. 
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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

Opin: Élites políticas, ¿son todas parasitarias?  Francisco José Bustos
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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


- Uncle sam scapegoats IRAN  By Finian Cunningham
- Israel Spies and Spies and Spies  By Philip Giraldi
- Biden Taking Iraq Lies to the Max  By Sam Husseini  The Trump’ agent in Dems P
- Armageddon on the Horizon?  By Paul Craig Roberts
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COUNTER PUNCH
Analysis on US Politics & Geopolitics


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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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