martes, 19 de noviembre de 2019

ND NOV 19 19 SIT EC y POL



ND  NOV 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

CONCERNED?

Summing up this morning's impeachment hearings...
Blocked
Big gains for China overnight with hyper-beta ChiNext soaring
European markets rolled over hard today.

US Small Caps outperformed on the day, Dow Industrials and Transports lagged (markets ended on the weak side)...
See Chart:

Small Caps were driven by a post-EU-Close short-squeeze...
See Chart:
Russell 2000  vs.  “Most Shorter” Stocks

The Dow suffered its first drop in 3 days, and closed below 28k, thanks to ugly earnings from Home Depot...
See Chart:

The odds of a US-China trade deal continue to slide...
See Chart:

VVIX , which measures volatility of volatility, reached the highest level versus the VIX since August 2018.
See Chart:

Bloomberg notes that that has happened as “demand for VIX options (particularly calls) has picked up,” Credit Suisse Group AG derivatives strategist Mandy Xu wrote in a note Monday.

And before we move to bond-land, tech valuations are - as The Fed might say - "elevated"
See Chart:

Treasury yields were all lower on the day led by the long-end...
See Chart:

With UST 10Y Yield  closing back below 1.80% for the first time since Nov 4th...
See Chart:

As the yield curve flattening is RE-ACCELERATING...
See Chart:
UST  2Y-30Y Spread

The Dollar managed gains for the first time in 4 days...
See Chart:

Oil tumbled most in seven weeks as US-China trade talks stall and PMs gained modestly...
See Chart:

WTI finally broke out (down) of its re4cent range...

DOW and  E WARREN went up.  Does make u wonder?
See Chart:

But it sure isn't fun-durr-mentals keeping this dream alive...
See Chart:
Yardeni  Fundamental Stock Indicator  vs.  S&P
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...a downshift has been in place for multiple quarters and the fourth quarter looks either close to or weaker than the third quarter.
See Chart:
The Top Line is slowing
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Investors’  view:
"America is no longer the home of the free-market economy..."
The increase in market concentration in places like manufacturing can be attributed to competition from China, which drove weaker competitors out of the market. Companies like Walmart, in the 1990s, drove the rate of investment and productivity growth higher in the 1990s while the opposite happened in the 2000's: rising market concentration drove the profits of entrenched companies up and both the investment rate and productivity lower. 
See Chart:
Profit Market in the US and EU

Competition in product markets has become far more effective in the EU over the course of the last 20 or 30 years. It is reflective of purposeful deregulation and a more aggressive and independent competition policy than in the U.S.
See Chart:
Difference In the mark-up of prices  over the cost of labor

The Supreme Court even ruled in 2010 that "companies are persons" and "money is speech". Former representative Mick Mulvaney summed it up in 2018“If you’re a lobbyist who never gave us money, I didn’t talk to you. If you’re a lobbyist who gave us money, I might talk to you.”

Corporate lobbying is two to three times bigger in the U.S. than in the EU. Campaign contributions are about 50 times larger. 
The Book of Thomas Philippon says that while the weight of these mega-huge companies is no bigger than that of giants in the past, their links to the economy as a whole are far smaller than they ever were.
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Investors Distortion: socialism’ main concern is Public NEED vs Private Greed’ gluttony
A necessary prerequisite to establishing a free and prosperous society is a free-market monetary system, one in which there is a total separation of money and the state...
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U.S. crude stockpiles are at the highest level in four months.
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FACTS  are facts: THE COLLAPSE of the US economy IS REAL
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"...the ability of these loans to refinance at their scheduled April and June 2021 loan maturities" could bechallenging...
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Sam Zell has been called "the grave dancer" for his ability to buy at the bottom of markets...
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Since the creation of the Federal Reserve, the US dollar has lost over 96 percent of its value.
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio

All the status quo "fixes" only hasten the collapse of the status quo...
That economic, social and political conflict is accelerating is self-evident. What's open to debate are the core drivers of conflict / disorder /unraveling.

Here's the core self-reinforcing dynamic in my view:
1. The status quo elites can no longer mask soaring costs of essentials nor soaring wealth / income inequality between the top .01% (Oligarchs), the top 9.99% who enrich the Oligarchs with their discretionary spending and technocratic/managerial labor, and the bottom 90% who are rapidly losing ground on all fronts: economic, social and political.
2. The elites' "fixes" to the social / political conflicts unleashed by the rigged financial system and winner take most economic order are politically expedient, meaning they don't actually address the sources of conflict, they merely paper them over with PR as a means of preserving the elites' wealth and power.
3. The elites' fundamental financial "fix" is to create trillions in newly issued currency and distribute it to the banks, financiers, super-wealthy families and global corporations-- the top .01% Oligarchs.
4. This "fix" accelerates the asymmetric distribution of wealth by enabling the already-wealthy to buy more productive assets, fund stock buybacks, etc., while forcing the bottom 90% to borrow money from the Oligarchs to make ends meet: the rich get richer, the poor get more indebted.
5. The only possible output of these inputs (political expediency to preserve the elites' wealth and power, the creation and distribution to the Oligarch class of trillions in new currency) is the acceleration of the very erosion that fueled social / political conflicts in the first place. In effect, the elites' "fixes" are accelerating the conflicts that will ultimately lead to their downfall.
This is why the unraveling cannot be reversed or stopped
These stages are predictable because human nature is predictable. That elites will follow a pathway of expediency to preserve their wealth and power is predictable, and this pathway includes the debauchment of currency (printing ever greater sums to add to their wealth and placate the masses), the substitution of credit for capital, the political disenfranchisement of the masses, increasingly oppressive financial repression and social / political conflicts that spiral out of control as the inherently unstable financial house of cards collapses.
See VIDEO-Picture:

Since the elites won't allow an orderly re-set that reduces their wealth and power, the re-set will result from spiraling conflicts and the collapse of all that is viewed as permanent, i.e. the financial and political status quo.
Don't think it won't happen just because it hasn't happened yet.
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SIREN SONG?

"Morrison once again confirms he didn’t hear anything unlawful..."
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Impeachment with no right  issues nor solid-Argumts = siren song to attract “vote-Trump”. Even so, our Nation won’t  vote the war-psychopath Trump.
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Our nation is speeding toward a date with destiny, and the road that we are on only leads to one destination...
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...one of the hallmarks of repressed Inner Fascism... is a compulsion to control what other people think, ...to attempt to destroy anyone who disagrees with or questions one’s beliefs...
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Billionaires run Prostitution centers in US
From beer-loving Milwaukee to hedonistic New Orleans, the U.S. is filled with people behaving illicitly. No place is innocent. We all have demons...
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Tyrannical anti-googling proposal?
Day by day, tweaked algorithm by tweaked algorithm, and with each new thought-criminal banished from major digital platforms, we’ve seen dissident views marginalized...
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The fight among tyrannts don’t matter to our NAtion
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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 president’s made it clear it’ll be very hard for us to do a deal with China if there’s any violence or if that matter is not treated properly and humanely."
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This particular instance is not the first time that Venezuela pushes Petro into the wallets of pensioners so far...
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PENTA-NATO in bankruptcy : they can’t feed their soldiers. They need a jija-Noel -pa
In total about 3,000 in the kingdom in order to "deter Iran".
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IRAN is the false flag in this ridiculous drama
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"...the pace of diversification into other currencies will likely quicken going forward."
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And this is not yet the retaliation announced for supporting Hong Kong riot
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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
BLOCKED  or not UPDATED
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ALAI NET  ORG

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RT EN ESPAÑOL

"Nos están matando como a perros": Bolivianos relatan cómo fue el operativo policial contra manifestantes en El Alto que dejó 6 muertos : https://actualidad.rt.com/actualidad/334261-matando-como-perros-bolivianos-relatan-represion-policial-el-alto
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Ejército de Israel: "Nuestros cazas atacaron decenas de objetivos militares sirios e iraníes en Siria" :  https://actualidad.rt.com/actualidad/334264-israel-afirmar-atacar-decenas-objetivos
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Colombia cierra todos sus pasos fronterizos por la huelga nacional contra Iván Duque   https://actualidad.rt.com/actualidad/334230-colombia-cerrar-pasos-fronterizos-huelga
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El Senado de Bolivia abordará este miércoles convocatoria "inmediata" a elecciones y abrogación del decreto que exime a los militares   https://actualidad.rt.com/actualidad/334260-senado-bolivia-abordar-miercoles-convocatoria-elecciones-abrogar-decreto
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SANA: Sistema de defensa antiaérea de Siria derriba misiles lanzados por Israel contra Damasco  https://actualidad.rt.com/actualidad/334254-reportan-sistema-defensa-antiaerea-siria-impactar
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Defensoría del Pueblo de Bolivia exige al Gobierno de facto desmovilizar al Ejército tras las muertes de civiles en Senkata   https://actualidad.rt.com/actualidad/334271-defensoria-pueblo-bolivia-exigir-gobierno-desmovilizar-ejercito
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Trump: "Reportes falsos en la prensa hicieron creer a Melania que sufrí un ataque al corazón" https://actualidad.rt.com/actualidad/334236-trump-llamar-prensa-enferma-ataque-corazon
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INFORMATION CLEARING HOUSE
Deep on the US political crisis: neofascism & internal conflicts that favor WW3

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COUNTER PUNCH
Analysis on US Politics & Geopolitics

John Steppling   Baby Shark Coup
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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
Middle East n world news

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