ND
JAN 8 20 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
Update: We note in the last few minutes of the day there were
reports of rocket strikes in the Green Zone in Baghdad and that sparked some
notable derisking into the close..
See Chart:
As Sven Henrich tweeted: "Do the guys that launch rockets consult
technical charts?"
Does make you wonder?
* * *
From WW3 to
Record Highs in 12 hours... missiles
flew and so did tweets and now "all is well" again... Dow futures are
up 700 points from overnight lows...
In the US, stocks soared - almost
back top unch by the open and then as Trump spoke everything
exploded...Trannies and Nasdaq outperformed...
See Chart:
AAPL's vol remains notably decoupled
from the price...
See Chart
VIX was monkeyhammered back to a 12
handle and VIX futures crashed from over 17 overnight to a 13 handle...
See Chart:
But while VIX tumbled it remains
notably decoupled from credit protection costs which have collapsed...
See Chart:
Total
chaos reined in bond land overnight with
yields crashing on the missile strike and exploding higher as tension
apparently eased (yields ended the day around 4-5bps higher but that hid the
dramatic moves)...
See Chart:
And
finally, oil... which exploded higher
overnight, has collapsed as tensions de-escalated...
WTI topped
$65.50 overnight only to crash to $59.15...
See Chart:
Brent spiked near $72 overnight,
only to crash back below $65...
See Chart:
Brent is mirroring - almost
perfectly - the move after the Saudi refinery attack... (today's drop is the biggest since the day
after the Abqaiq attack)
See Chart:
Brent
Crude futures since Abqaiq Attack and Solimani Missile Strike
And as the melt-up
continues, we wonder if we see Nasdaq 10,000 before this all comes crashing
down to reality...?
See Chart:
Nasdaq 1999-2001 vs. Nasdaq 2018-19
….
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...this Fed study runs in
sharp contrast to recent Fed statements that the economy is
sound... also in contrast to those who suggest lower interest rate will revive
housing... Rather, rates are down
precisely because the economy is weakening...
See Chart:
Existing Home Sales Rate from
12-quarters average
….
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"As a
reminder, the Fed, BOJ and ECB are expanding their collective balance sheets by
$100B per month in addition to the Fed's overnight Repo operations which have
ranged from $75B to $490B at year end."
Over the past two months, when commenting on the market
meltup, we said that there is just one chart that traders need to track as to
the causes of this impressive move higher in risk assets. It is the chart -
presented below - which shows the weekly change in the Fed's balance sheet, and
which has increased 11 of the past 12 weeks ever since the launch of the Fed's
QE4, superimposed over the weekly change in the S&P500. And as we have pointed out repeatedly, whereas the S&P
has risen every week when the Fed's balance sheet rose, it dropped the one week
when the balance sheet declined, effectively indicating that the entire market
surge has been a function of Fed liquidity.
See Charts:
Weekly Change in the S&P500 vs Weekly Change in FED Balance Sheet
Morgan Stanley also notes that is also "more than
coincidental" that the August and October lows occurred simultaneously
with the Fed's announcement of temporary and the permanent open market
operations to deal with the stresses in the repo market. Furthermore, once
the Fed announced on October 11th it would also purchase $60B in T-Bills as a
means of increasing the banking system's excess reserves by $300-400B, the
S&P 500 was able to finally break out of its well defined channel that had
contained it since January 2018.
To demonstrate this point, Morgan Stanley also has published
a chart that is sure to trigger fint wit's chart nazis,
Fed sycophants and snowflake academics:
See Chart:
Fed Reserve Balance Sheet vs. S&P 500
What does the Fed's liquidity onslaught mean for markets? As
Wilson notes, using the bank's ERP framework, "P/Es could expand toward 20x should the
equity risk premium fall toward 300-325bps and rates remain roughly
constant".
See Chart:
Equity
risk premium continue to fall with suppressed equity volatility. How low can it
go?
“ Depending on how the economic and earnings data come
in during the year will determine if we need to raise our year end targets or
not."
Even so, the main point Wilson underscores is that "a liquidity driven bull
market typically overshoots fair value, which we still see closer to 3000-3250
by year end as rates rise from economic growth reaccelerating in the second
half but earnings growth still disappoints from weaker margins."
Yet even if data keeps coming in poor, "strong liquidity should limit the damage from
disappointing data to less than 5 percent for the S&P 500.Friday's muted reaction in the S&P 500 to
yet another disappointing mfg PMI number and to the recent events in the
Mideast is a good example of how problematic data/news continues to be absorbed
by excess liquidity."
….
SOURCE: https://www.zerohedge.com/markets/morgan-stanley-central-bank-liquidity-surge-could-push-sp-3500
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AND JUST
LIKE THAT, IT NEVER HAPPENED!
VIX has crashed back to a 12 handle
(VIX futures a 13 handle after nearing 18 overnight)...
See Chart:
….
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Well that
all de-escalated quickly...
See Chart:
….
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US
DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds
& corruption. Urge cambio
How many of these dynamics have to play out to collapse the current version of
global/monopoly/finance capitalism? We have a ringside seat to the
spectacle...
….
I did explain before why Marx considered that socialism will replace
capitalism
====
...is it really so difficult to make money when the markets won't stop
climbing?
====
Trump is out of
reality.. He try to say that Iran will be a piece of cake for US & NATO
"As long as I'm president of the United States, Iran will never be allowed to have a nuclear
weapon."
….
FACTS: 1-Iran is not alone: RU-China are supporting them. 2- It is because US-NATO are allies in the aim of
destroying RU-Ch that Iran was armed
with tactic nukes. 3- Ru-Ch are ready to go to
WW3 if US-UK –ISR – Saudis- Poland ++ decide to attack them. 4- Developing countries will bomb US embassies &
US corp, plus declaring Zero-sovereign
debt to US. Antimperialism will win WW3.
====
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
Russian
natural gas to southern Europe via Turkey seen as part of Moscow's efforts to bypass and punish Ukraine.
====
Sen.
Paul's 'I told you so' moment slamming
fellow Republicans for thinking
like "grade-school children"...
====
A group of
aerospace experts said Wednesday that Ukrainian International Airlines flight
752 was likely shot out of the
sky.
====
The Boeing
737-800, which was delivered to UIA in 2016, was "in excellent
condition" before its last flight from Tehran to Kiev...
====
Loud
explosions heard in Baghdad’s heavily fortified Green Zone which houses
government buildings and foreign missions in Iraq
….
….
Iran is not going to stop bombing
US-troops in Iraq until they take all sold-out. Meanwhile the US doesn’t give news of current
US –soldiers death. In ARG some EU jounalists said that more than 80 US soldiers have
been killed: Read: Los
ataques contra las bases que albergan soldados de EE.UU. dejan 80 víctimas
mortales https://actualidad.rt.com/actualidad/339216-muertos-ataque-iran-bases-eeuu-irak.
Iran is Avenging the
kill of Soleimani plus 8 top
assistants. Trump took responsibility for what ISR did it with US weapons. He
is responsible
Meanwhile muchos Americanos se
preguntan: Why to waste the
life of American soldiers? Who benefit from US
wars? NOT our Nation.. only billionaires-
Corp from the Military Industrial
Complex ++. And who is responsible for these killings? .. Just Trump’s administration.. all of them.
I do believe that RU already
installed high weapons in Iran plus fastest tactical-nukes, and long distance
missiles S-400 for
air defense. This happens when UK send 2
destroyers with tactical nukes to the seas close to Iran .
SO: IT IS TIME to negotiate PEACE with Iran. They don’t want the genocide suffered in Iraq before
and they will use high weapons if they are forced to defend themselves.
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Days after
Turkish troops arrived in Tripoli, and as the death toll from
Haftar offensive soars...
====
"Also,
there's perceived to be a higher risk associated with assets based in the
Middle East..."
See Chart:
….
SOURCE: https://www.zerohedge.com/markets/saudi-aramco-shares-hit-new-low-after-iranian-missile-attacks
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SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO
..Focus on neoliberal expansion via wars & danger of WW3
TRUMP
DICE Y SE DESDICE.. cucu brain or What?:
-Trump’s Message to Tehran: We Want Bright
Future for Iran, but American Missiles are Big, Accurate Mixing hypocrisy with threat is a bad
sign on his mental stability
- Scientists Catch Mysterious Phenomenon of
Light Flashing From Human Eyes on Camera Are they making experiments with the eyes of
Trump?
-Canguru brain? Australian PM Morrison Says Not Withdrawing
Troops From Iraq
- Trump,
Israel's Netanyahu Discuss Critical Regional Issues in Phone Call Trump said to
Netanyahu : stupid-idiot you put me in
big trouble. I’m going to lose elect because you
- Warships
in Gulf Region to Ensure Security of Sea Borne Trade Meaning:
get out Brits
- Ilhan Omar Giggling When US Casualties in Iraq
Are Discussed T. le dijo: NOT deaths
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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes &
terrorist imperial chaos
REBELION:
====
ALAI ORG:
====
RT
EN ESPAÑOL
Moscú advierte escalada de tensión tras ataque de
Irán a objetivos deUS en Irak https://actualidad.rt.com/actualidad/339265-moscu-escalada-tension-ataque-iran-eeuu
Trump anuncia "sanciones económicas
adicionales" inmediatas contra Irán
https://actualidad.rt.com/actualidad/339295-trump-discurso-ataque-iran-base-irak
US afirma a la ONU que está "listo para
comprometerse sin condiciones previas" en negociacion con Irán https://actualidad.rt.com/actualidad/339355-eeuu-onu-listo-condiciones-previas-negociaciones-iran Esto contradice anuncio de sanciónes a Iran
Israel muestra sus nuevas 'espadas láser' que
derribarán misiles y drones https://actualidad.rt.com/actualidad/339345-israel-nuevo-sistema-defensa-aerea
Trump solicita a la OTAN que se involucre más en
Oriente Medio https://actualidad.rt.com/actualidad/339315-trump-otan-involucrarse-medio-oriente
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INFORMATION
CLEARING HOUSE
Deep on the US political crisis: neofascism & internal
conflicts that favor WW3
Iran Hits U.S. Airbase In Iraq By Press TV
US Troops Leaveing Iraq – U.S. general By
ICH & Agencies
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COUNTER PUNCH
Analysis on US Politics & Geopolitics
Anthony DiMaggio Opposing
War With Iran: Three Reasons
Vijay Prashad Is
This the End of U.S. Interference in West Asia?
John Grant Trump’s
Iran War is a Tragedy Foretold
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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
- Juan
Cole: U.S.-Iran Conflict Enters Unprecedented Territory with Assassinations
& Military Attacks
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