ND
NOV 24 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
Asset class
returns over the last two weeks have shown a clear risk off pattern, but US equities are once again
a notable exception.
We start with a chart showing that global asset class
returns over the last two weeks have shown a clear risk
off pattern but with US equities a notable exception:
See Chart:
Once again, bonds and stocks are diverging. Virtually every
time this has happened in the recent and not so recent past, bonds were eventually right (and stocks were not).
See Chart:
S&P 500 vs. 10 Y Yield
It's not just bonds that are
diverging away from US stocks: all
global stocks are doing the same.
See Chart:
Junk bonds - especially
CCCs - have been among the hardest hit with HY
spreads divergence notably from stocks...
See Chart:
Looking below the surface of US
stocks, those companies with foreign exposure have been underperforming in
recent weeks.
See Chart:
US foreign relative to domestic stocks
Meanwhile, just as Wall Street piled into value
and high-beta stocks after JPM said it was a "once
in a decade" opportunity to go long value and short momentum, it is precisely momentum stocks that have outperforming in
the last two weeks...
See Chart:
. while value and small caps have
underperformed:
See Chart:
So what happened? As Bloomberg
reported on Friday:
At UBS, Francois Trahan warned that an uptick
in U.S. manufacturing coupled with the Federal Reserve’s interest rate cuts
created an illusion that the slowdown is over. BUT interest rates argue the downtrend in leading economic
indicators like the ISM New Orders Index isn’t finished, he said.
“This is just another false
start,” he wrote in a
note this week.
Which, incidentally, is what we said last Monday in "HERE'S
THE SIMPLE REASON WHY A GLOBAL ECONOMIC RECOVERY IS NOT COMING."
In other words, expect all asset
classes to continue their divergence from US equities, until eventually the
S&P itself also snaps.
….
SOURCE: https://www.zerohedge.com/markets/jitters-are-back-everything-turning-down-again-except-stocks
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"With
growth once again slowing, and past precedent suggesting credit has neared its
limit, China finds itself at a crossroad."
See Chart:
Fathom China Momentum Indicator 2.0
and GDP
….
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"It’s
Trump who wants to sign these deals, not us. We can wait"
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Investors who believed the
industry’s ceaseless hype are now grappling with reality – that
their money was drilled into the ground and is gone.
====
Is the Fed that blind to
reality or just on an elaborate marketing mission to ensure that
nobody panics and sells stocks?
====
Over the
course of 2019 we have been tracking three states – Michigan, Ohio and
Indiana – because we believe the next US recession will
start in the American upper-Midwest. Pennsylvania is also clearly moving in the wrong direction.
See Map:
….
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US
DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds
& corruption. Urge cambio
The latest Democratic debate
exposed the pro-war side of the party...
….
D&R: Hijos del mismo Puerco : la
oligarquia corrupta del neoliberalism
====
"According
to Mr. Lutsenko the $900,000 invoice was for services rendered for lobbying by Joe Biden."
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Amazon knows the US consumer is deteriorating...
====
Silly question.. in the country WHY IS THE PROBLEM?
Global obesity levels place a
heavy burden on healthcare provisions, leaving some countries facing an
increasingly hefty bill.
….
Obesity is a decease & emporium of many others. The worse:
TV promoted.obesity,
See Chart:
Obesity Places: Expenditure per capita
vs. % of Total health Expenditure
….
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DEMOCRATIC DEBATE: CHRIS
MATTHEWS ASKS GABBARD: WHY ARE SO MANY DEMOCRATS WAR HAWKS?
The MSNBC
host actually heaps rare praise on Tulsi for being "out there all alone tonight fighting
against the neocons."
====
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 critics of President Trump's Iran policy have been proven wrong: the US
sanctions are imposing significant
pressure on the ruling mullahs of Iran and the ability to fund their terror
groups.
….
LA ALEGRIA DE SATAN: APLASTAR PAISES
EMERGENTES
====
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
RT EN ESPAÑOL
-Presidenciales de Uruguay: el anuncio del resultado
final se pospone por la diferencia muy ajustada entre Lacalle Pou y Martínez https://actualidad.rt.com/actualidad/334735-elecciones-uruguay-resultados
-Martínez: "Intentaron enterrarnos, lo que no
sabían era que somos semilla" https://actualidad.rt.com/actualidad/334758-martinez-intentaron-enterrarnos-sabian-semilla
-Iván Duque tras el "salvaje" atentado en
el Cauca: "Vemos las manos de grupos armados organizados que han
pretendido pescar en río revuelto" https://actualidad.rt.com/actualidad/334686-duque-atentado-salvaje-cauca-grupos-armados-pescar-rio-revuelto
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PRESS TV
Middle East n world news
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