ND FEB 23 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
If we slide below 1.40% in
the 10Y, it will be a whoooooosh lower as the recession and ZLB are priced in.
Chart 1 shows that within a 12-month
window prior to each of the last 3 recessions, the probability exceeded 30%. If we look
at all 8 recessions since 1960, we find that the critical 30% threshold remains relevant back to 1969(7
recessions), but provided a false positive in 1967 and
was not reached in the 1960 recession.
See Chart:
Yet while a 30% recession probability is still a gray zone, once the NY Fed's indicator reached a level
of 40% it has not provided any historical false positives.
Why is this notable? Because
in the Fed's framework, the 40% level corresponds to a slope of -45bp between
3m bills and the 10y rate.
What does all this mean for the 10Year
Treasury as a recessionary signal?
According to BofA, recent mini-cycle troughs have
coincided with bottoms on 10y Treasury yields around 1.4% (as shown in chart 3
below for The Conference Board Leading Indicators and 10yT yields since the
great recession).
See Charts:
Focus on Chart 3: In recent mini-cycles Fed Funds have
coincided with bottoms of 10Y T Yields around 1.4%
This means that breaking
1.4% in an on-hold context for the Fed creates a
significant inversion of the curve, pushes recession signals higher, and
pressures a further inversion of the FF1/FF6 spread which we found in Pricing
cuts ahead of the Fed to have no false positives for Fed cuts following a -30bp
inversion (currently -16bp).
….
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...traders
are back to their desks and for once, it appears they're realizing thatcentral bankers can't print their way out of
this particular pandemic mess...
After a weekend in which attention is now firmly focused on the accelerating spread of the
coronavirus outside of China (whose epidemic numbers have become a
bigger joke than the country's GDP), with Italy now a
super cluster of new cases that has sealed off Northern Italy and threatens to
shut down Schengen...
See Chart:
Total confirmed cases In JA, IT, Iran, S-Korea & on the
diamond prices cruise ship
...traders are back to their desks and
for once, it appears they are realizing that central bankers can't print their
way out of this particular pandemic mess.
US equity futures are accelerating their catch down to reality...
See Chart:
Nasdaq & Offshore Yuan
Dow Futures are down 400 points...
See Chart:
WTI Crude is also plunging, back to a $51 handle...
See Chart:
And
therefore, as always, The BoJ is out with its standard boiler-plate -
we'll puke more money and buy more of everything - plan...
The Bank of Japan will be fully prepared to take necessary action
to mitigate the impact of the coronavirus on the world’s third-largest economy,
its Governor Haruhiko Kuroda said. Kuroda said there was no major change to the
BOJ’s projection that Japan’s economy would keep recovering moderately thanks
to an expected rebound in global growth around mid-year.
He also repeated the view that, while
the central bank stands ready to ease monetary policy further “without
hesitation”, it saw no immediate need to act.
But Kuroda said the BOJ would scrutinize developments on
the virus outbreak carefully, since the damage to Japan’s economy could be
profound if the epidemic is prolonged and disrupts supply chains.
First of all, just how is printing money going to fix
the virus; and second, what
is this "moderate recovery" he is talking about after the -1.6% GDP
print?!
See Chart:
Finally, we do note that Japan is closed for the Emperor's
Birthday celebration so markets are especially illiquid... and cash bond trading remains closed. However, 10Y bond futures are surging, implying
a 1.41% yield...
See Chart:
10Y UST future & 10Y UST YIELD DOWN
Nevertheless, it appears, as we noted above, investors are
starting to wake up to the fact that central bankers can't print vaccines... and you can only
swallow so many blue pills before the red one becomes too tempting.
Time for the phone call?
….
SOURCE: https://www.zerohedge.com/markets/futures-plunge-gold-soars-covid-19-contagion-craters-complacency
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US opinion: China Economy
dies in 3 months (??). Does the US is planing to bomb them?
"This is the most
difficult time I have ever experienced"
….
No creo lo que
se dice in US on China.. Si creo que el pez muere por su boca.
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US DOMESTIC
POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds &
corruption. Urge cambio
Already
progressives and the media are making
excuses for Trump’s re-election...
====
As long as more people abandon Trump for Elec .. he is more prone
to WW3
"During the exercise,
we simulated responding with a nuclear weapon."
====
Are you afraid of WW3?.. is what they want to control you mind. Take streets Agt ww3
"...accidentally revealed the first
images..."
….
Still short
comparing the power of RU.. Does T need more money for war.. Just printed &
then see the results in our ECON and the reaction of our Nation
====
So far: Trump is losing support of young
people: College campus & Millennial
The
true tragedy is that so many
Americans are blind to the fact that today's colleges and universities pose a
threat on several fronts to the well-being of our nation...
====
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
By
reassuring and almost encouraging the people of Syria to rise up and overthrow
their brutal leader, Obama started
a series of events that has taken countless lives and destroyed millions of
others...
====
Pumping liquidity and cut rates is irresponsible..
These are risks that
we need to consider. Ignoring them
just because central banks will continue to pump liquidity and cut rates
is irresponsible...
====
Scandalous LIES on China:
CHINA'S
'FAKE' CORONAVIRUS NUMBERS EXPOSED: DOCTOR IN HUNAN CONFIRMS 50 NEW CASES, ONLY
ONE REPORTED
Just the latest piece of
evidence...
….
50 Times enlarged in US & West-satellites
press. Does this will destroy Chinese Econ? Of course NO. But the intention to
destroyed by other means remain.
====
SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO ..Focus
on neoliberal expansion via wars & danger of WW3
-India's Top Investigative Agency Launches
Massive Raids Against Daesh Network Ahead of Trump Arrival
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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes
& terrorist imperial chaos
RT EN ESPAÑOL
Israel lanza un ataque aéreo cerca de Damasco https://actualidad.rt.com/actualidad/343877-siria-interceptar-objetivos-hostiles-damasco
La defensa antiaérea de Damasco intercepta misiles israelíes https://actualidad.rt.com/actualidad/343878-videos-defensa-antiaerea-damasco-misiles
Carrera preelectoral dem en US: críticas a Bloomberg, liderazgo de
Sanders y acusac contra Rusia https://actualidad.rt.com/video/343854-carrera-preelectoral-democrata-eeuu-sanders-bloomberg
La historia de Julian Assange https://actualidad.rt.com/programas/especial/343842-historia-julian-assange
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GLOBAL RESEARCH
Geopolitics & Econ-Pol crisis that leads to more
business-wars from US-NATO allies
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ASIAN NEWS
Press TV
- Over 42% of eligible voters took part in Iran elections: Minister
- Iran’s main bourse rising despite currency fall
- MI5 ‘does not trust’ Home Secretary Priti Patel
- Iran pres. orders national HQ to control coronavirus outbreak
- Pope slams Trump's Mideast plan as 'prelude to new crises'
- First Nations run out of patience with Canadian powers
- Amazon’s free shipping to Israeli settlements 'biased': Hamas
- Yemen unveils four indigenous missile defense systems
- Britain takes swipe at 'indecisive' EU as trade talk rancor grows
- Syria reopens Damascus-Aleppo highway to public
- Erdogan announces 4-way summit on Syria’s Idlib
- Sanders claims big win in Nevada
- Sanders: US is oligarchy where billionaires buy elections
- Pro-assange march held in london ahead of extradition hearing
- PROGRAMS
- Ryanair Islamophobia
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