ND OCT 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
S&P
500 was unable to hold 3,000 once again...
See Chart:
Treasury
yields ended the week mixed with the long-end underperforming...
See Chart:
The
dollar is down 7 of the last 8 days (4 days in a row this week), worst week
since June (down 3 weeks in a row - worst 3-week drop since January)...
See Chart:
Despite
the plunge in the dollar, commodities were barely positive on the week and
crude was notably weaker...
See Chart:
Finally,
we wonder if this has anything to do with the dollar run and stock drop?
See Chart:
And the
SMART money is starting to decouple...
See Chart:
And
amid all this, uncertainty has never, ever been higher...
See Chart:
US
Economic Policy Uncertainty
….
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The number
of indexes globally is still about five
times higher than the number of total global stocks...
See Chart:
Passive
equity funds assets will supass active by 2022
….
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Investors have rarely been more worried about what is to
come.
The clearest indication of just
how nervous institutional traders are, is the simple average of the normalized
skew across assets (S&P, Stoxx, HYG, WTI, JPY and gold) which now stands at its highest since 2010, which as Goldman
points out, confirms "a strong increase in demand for hedges",
something one would never guess by looking at the VIX at 14 or so.
See Chart:
If one
observes a conventional indicator of prevailing risk sentiment such as the VIX,
which is trading in the low teens and near the lowest levels over the past two
years (and far below its long-term average of 20), one would be left with the
impression that virtually nothing is keeping Wall Street up at night.
See Chart:
On the other hand, an even
cursory assessment of current events - where in addition to trade war, slowing
economies, renewed easing (there have been 54 global rate cuts YTD), repo
market instability, an earnings recession, rising wages and shrinking margins, the world's most powerful person is now facing impeachment -
would suggest that something is about about to snap, a conclusion which was
confirmed by today's shocking surge in the US
economic policy uncertainty index, which bizarrely
hit an all time high.
See Chart:
US
Economic Policy Uncertainty
In any case, those traders looking
at the VIX for signs of turbulence in the future would be left with the
impression that traders are complacent, yet this too would be wrong if for no
other reason than what fund flows are telling us:
and with $339 billion in inflows
to bond funds globally in 2019 vs. $208 billion in outflows from
global equity funds, both on pace for a record year, it is clear that
most investors are fleeing from risk assets and flooding into safe havens such
as government securities.
See Chart:
And this is how to observe just
how nervous investor are: since the start of the year, and particularly in
recent weeks, implied volatility
skew has reached new highs in most equity indices. With stock
markets rallying more than 15% YTD, and with the spot VIX tumbling, investors
have increased their demand for equity put options to protect against a
"sharp drawdown", which is a polite phrase for a crash. And the chart below shows, while investors no longer bother
with the VIX, they have been piling into S&P 500 and Euro Stoxx 50 3 month
25-delta skew, which are now above the 90th percentile hit since 2010.
See Chart:
….
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"...don't fret about
debt..."
‘Don’t Fret About Debt’
These – and many other –
pre-emptive stimulus plans were outlined in a recent Reuters article. The
article, if you happened to miss it, was titled: In
planning for next U.S. recession, economists say, don’t fret about debt.
By 2028 – or earlier – America will have a $40
trillion national with little of value to show for it. Consumer prices will be sky-high. The
citizenry will be forever upside down. And the schemers in Washington
will hatch even greater plans to save us from the mess of their making.
This, of course, assumes catastrophe doesn’t strike
first.
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...but it's all downhill from here.
See Chart:
….
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US DOMESTIC POLITICS
Seudo democ duopolico in US is
obsolete; it’s full of frauds & corruption. Urge cambio
Advisors recruited by Kudlow warned
Trump that without a trade truce with China, the US economy could be in
trouble, which could hurt his election chances.
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Baltimore is an utter mess.
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Check this chart & use your stupid imagination to create a
real USSR:
US Economic Policy Uncertainty
….
In short: we are worse than Rusia right now
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"This mass-murdering monster
has been growing more and more
popular with Democrats lately just because he offers mild criticisms of Trump sometimes..."
====
"Maybe
you can have some indications in the nearby days about how bad things can get..
but, all of a sudden, you won´t
even notice it until you´re in the middle. If you don´t believe me
just ask the Ecuadorians. "
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Pelosi
and Trump play poker in
the Swamp...
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“If you think health care is
expensive now, wait until you see
what it costs when it’s free...”
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"When a pharmaceutical company decides who
among us is worthy, and who among us is not, we are no longer
living in an ethical, moral society..."
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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
80% of Japan’s crude oil imports come through the strait.
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On occasion Trump inadvertently reveals
the reality of US naked imperial ambition in the Middle East...
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SPUTNIK
and RT SHOWS
GEO-POL n GEO-ECO ..Focus on neoliberal expansion via wars
& danger of WW3
- Assad Calls For Withdrawal of ‘All Illegal
Forces’ From Syria After US and Turkey Clinch Ceasefire
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NOTICIAS
IN SPANISH
Lat Am search f alternatives to
neo-fascist regimes & terrorist imperial chaos
REBELION:
US:
Trump debe dejar de atacar a la prensa Amy
G y Denis M. Paul
Craig Roberts dijo que la prensa USA es un burdel. Significa esto que Trump
debe dejar de ir al burdel?
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ALAI ORG
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RT EN ESPAÑOL
- Piñera decreta el estado de emergencia en Santiago de Chile tras las violentas manifestaciones
- VIDEOS: Disturbios y fuertes cargas policiales contra manifestantes en una nueva jornada de protestas en Barcelona
- Encuentran culpable por narcotráfico al hermano del presidente de Honduras
- Las repercusiones (y cabos sueltos) del operativo que terminó con el Estado mexicano "sometido" por el Cártel de Sinaloa
- Alerta en el Golfo de México por la llegada de la tormenta tropical Néstor
- Comienza en Bolivia el 'silencio electoral' de cara a los comicios
- El Zoom Cataluña: Ira independentista
- Keiser Report La Torre de Babel en la econo mundial está acabando con el dólar
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INFORMATION CLEARING HOUSE
Deep on the US political
crisis: neofascism & internal conflicts that favor WW3
-Misread The 'Everyone Wins' Plan For Syria By Moon Of Alabama
-
The Road to Damascus: How the Syria War was
Won By Pepe Escobar
-
Tulsi Nails it on National TV… US
Regime-Change Wars By Finian
C
-
Yes, America Is Rigged. By Christopher Leonard
-
The fight Against Moreno and the IMF is far
from Over By Peter Koenig
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DEMOCRACY
NOW
Amy Goodman’ team
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PRESS
TV
Resume of Global News described
by Iranian observers..
Still
blocked
….
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