ND
MAR 17 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
MAD
WORLD: We know the end: sInking of neoliberal TITANIC + lack of
post-Neoliberal agenda. Meaning: the WEST agree on current mutual assured destruction
US futures traded limit up overnight, plunge back to the lows
of the day, soared back above overnight highs, dumped again, ripped again, then
slumped... 1000s of Dow points in the swings on the
back of various political and monetary headlines of ever-increasing bailouts
(and warnings)... THAT IS MALARKEY! [ worse than ANARCHY
]
See Chart:
*
* *
Legendary investor Jim Rogers warned that "the next time we are
going to have a financial problem it's going to be the worst..." and right now it appears we are headed toward "the worst financial crisis of our lifetimes” and
“we will know in a few months." However, Rogers noted, the reason
behind such market mayhem is "not just the virus, it is certainly much
more" than that.
Rather notably, the US equity market
has started each day moving in the opposite direction from the previous
day's late-day move every day for two weeks...
See Chart:
Goldman's
illiquidity ratio, which measures the price impact of trading volumes, shows
that liquidity has evaporated
within US equities...
See Chart:
The
illiquidity ratio has jumped
Bid-ask spreads have widened to 8-year highs...
See Chart:
Median
S&P 500 Stock bid-ask spread as % of price
Early
in the day, stocks tumbled back into the red but ever-escalating helicopter
money headlines and The Fed's CPFF and extended Repo helped lift the market to
a big day, led by Small Caps...(NOTE - the drop around 12ET came after the
White House Virus Task Force stated that "we are losing the fight to
contain the virus."
See Chart:
For
some context, this drop in stocks dwarfs the Y2K-post-Fed-liquidity plunge...
See Chart:
Nasdaq
Y2K vs. Nasdaq now
VIX
dipped today back below 75, but remains extremely elevated...
See Chart:
There was a bloodbath in bondland today with yields exploding higher across the curve -
long-end smashed hardest - 30Y spiked 35bps, 2Y +9bps...
See Chart:
THE ETF
LIQUIDITY CRISIS IS ABATING AS RATES SOAR...
See Chart:
US yield curve steepened as chatter increased of the
helicopter money-drop in the US...
See Chart:
UST 2Y 10Y Yield Spread
In the past week, junk-bond
investors have suffered through two of the worst days since the collapse of
Lehman Brothers. The
struggle reflects the spike in economic uncertainty and how many high-yield
borrowers will have problems with bank lines. However, junk CDS
spreads are pricing in a 43% five-year default probability. That’s high, but in 2009 CDS was pricing a more than 60% default probability,
so it can go higher.
See Chart:
IG
credit is even worse, with CDS pricing in a 9.9% default probability, which is
extremely high...
See Chart:
WTI
puked to a $26 handle!!
See Chart:
Finally, systemic risk continues to soar in deep, dark
corners of the financial markets... Implied Correlation is at
Lehman/EU Crisis levels...
See Chart:
S&P Implied Correlat:
Systemic risk high vs Systemic risk low
But, we
suspect this reracking has a lot further to go...
See Chart:
Hours
worked to buy the Dow Jones: high
Tram-p-restitutes hicieron lo max por ser oscuros con sus ‘rerackings’ y otro sabotajes y creo que lo
lograron… BUENAS P…S .. les deben pagar bien.
….
SOURCE: https://www.zerohedge.com/markets/stocks-bounce-cp-bailout-dollar-soars-liquidity-crisis-worsens
----
----
Today at 6pm ET, the Fed, announced
the establishment of a Primary Dealer Credit Facility (PDCF) "to support the credit needs of households and businesses."
What the Fed really meant is that it is now launching a
way for dealers to monetize the stocks they own, as the facility will be
collateralized, among others, by "equity securities."
But here is the punchline:
Credit extended to primary dealers under this facility may be
collateralized by a broad range of investment grade debt securities, including
commercial paper and municipal bonds, and a broad range of equity securities.
This means that as of this
moment, EQUITIES - which are worth ZERO in a worst case scenario - are eligible collateral for Fed
liquidity.
Here are some more details on
the eligible collateral:
CONTINUE reading at:
----
----
Without
action, the US
unemployment rate could spike to a stunning 20%.
Bloomberg reports, according to sources familiar with the matter, that Mnuchin
warned the Senate GOP members that without action, the US unemployment rate
could spike to a stunning 20%.
See Chart:
US Unemployment rate wihout action
MEANING: With a total labor force or around 160 million, that would mean a sudden spike to over 30 million
unemployed Americans
….
----
----
"The
Fed and other Central Banks have fired all their ammunition and if the markets crash through last week's
lows, there’s nothing left..."
====
It's time
for Powell to sit down with people who understand what is going on and fix the
underlying problem before it's too late.
====
US DOMESTIC POLITICS
Seudo democ duopolico in US is
obsolete; it’s full of frauds & corruption. Urge cambio
BEST NEWS:
These are the eight conditions she demands for any
federal bailout cash to be released...
1. Companies must maintain
their payrolls and use funds to keep people working or on payroll.
2. Companies must provide a $15 minimum wage as quickly as practicable but no later
than one year of the national emergency declaration ending.
3. Companies are permanently prohibited
from engaging in share repurchases.
4. Companies are prohibited from paying out dividends or executive bonuses while
they are receiving any relief and for three years thereafter.
5. Companies must set
aside at least one seat -- but potentially two or more, as the
amount of relief increases -- on
the board of directors for representatives elected by workers.
6. Collective
bargaining agreements should remain in place and should not be
reopened or renegotiated pursuant to this relief program.
7. Corporations must obtain shareholder and board approval for all political expenditures.
8. CEOs
must be required to personally certify a company is compliance and
face criminal penalties for violating these certifications.
So... no layoffs, no buybacks, no bonuses, high minimum wage, and union
representation on board?
….
----
----
GOOD NEWS:
"There is a particular cruelty,
irony that it is their core viewers, the Republican older viewers, who are the most at risk."
….
Esta dama
debe ser una socialista R camuflada, pero no
menciono a T en older
====
BAD NEWS:
"...and
suddenly millions of bailout-demanding voices cried out in terror and were
suddenly silenced. I fear something terrible has happened."
----
Right:
====
ANOTHER BAD NEWS:
Without action, the US unemployment rate could spike to a stunning 20%.
….
RIGHT:
====
THE LAST BAD NEWS:
"Five
hundred billion here, five hundred billion there. You know, pretty soon you’re talking about real money...”
The Federal
Reserve cut rates to zero and expanded quantitative easing on Sunday. How did the markets reward this latest monetary stimulus?
They
crashed.
In his podcast, Peter said he thinks we’ve passed the point
of no return.
----
----
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
Jeffrey Gundlach, the
billionaire chief investment officer of DoubleLine Capital, SAYS:
The Fed’s rate cuts are “obviously an admission we’re not going back to anywhere
normal", and says that we will soon need a
$10 trillion Y axis on the Fed balance sheet chart as a result of the latest
massive monetary injection.
See Chart
Fed’s
Balance Sheet. Total Reserves & Repos
Gundlach also looked at the spread between the effective fed funds and the 10Y,
which as regular readers know well, is where recessions
usually begin, and where the yield curve
steepens sharply in response.
See Chart:
Yield
Curve : 10Y – Effective Fed Funds Spread
Summarizing
the economic situation, Gundlach pronounces that "this is the end of the longest post-war expansion."
Readers can listen to the webcast
at the following link.
….
----
----
With the CPFF back online, we may
also see the return of AMLF, MMIFF, and PDCF. We could also see the return of
TAF.
====
SPUTNIK
and RT SHOWS
GEO-POL n GEO-ECO ..Focus on neoliberal expansion via wars
& danger of WW3
----
----
NOTICIAS
IN SPANISH
Lat Am search
f alternatives to neo-fascist regimes & terrorist imperial chaos
REBELION
====
ALAI ORG
====
RT EN ESPAÑOL
La
nueva economía post-CV: ¿repetir los errores o reconfigurar el contrato social?
https://actualidad.rt.com/opinion/alfredo-serrano-mancilla/346510-nueva-economia-postcoronavirus-repetir-errores
Revelan qué
con grupo sanguíneo A es más probable contraer el coronavirus https://actualidad.rt.com/actualidad/346435-grupo-sanguineo-nuevo-coronavirus
"Estamos
en periodo interesante de la historia humana y vamos a un desastre" https://actualidad.rt.com/programas/keiser_report/346444-muy-parecido-1929-crisis-financiera
¿Podrían
los bancos liberar a sus clientes del pago de créditos por el coronavirus? https://actualidad.rt.com/actualidad/346509-bancos-liberar-clientes-pago-impuestos-coronavirus
En el US se acaba de aplazar el pago de deudas e impuestos no cancelarlos
El FMI
desestima petición de ayuda de VEN para reforzar sistema sanitario ante el CV https://actualidad.rt.com/actualidad/346538-fmi-desestimar-ayuda-venezuela-coronavirus
Incluso 1
guerra nuclear 'a pequeña escala' entre India -Pakistán afectaría al mundo
entero https://actualidad.rt.com/actualidad/346488-guerra-nuclear-india-pakistan-mundo
US anuncia
que retirará sus tropas de tres bases militares en Irak https://actualidad.rt.com/video/346457-eeuu-retirara-tropas-bases-militares-irak
----
----
INFORMATION
CLEARING HOUSE
Deep on the US political
crisis: neofascism & internal conflicts that favor WW3
-Is Washington’s Attack Against Chinese Media
a Bad Joke? By Andre Vltchek
-'Terrifying' New Research Warns 2.2 Million
Could Die From Coronavirus in US Without Drastic Action By Jake
Johnson
-Coronavirus - A Lockdown Is Not Enough By Moon Of Alabama
-Coronavirus Capitalism — and How to Beat It By Naomi Klein
-How Will the Constitut Fare During a
Nationwide Lockdown? By J W. Whitehead
-‘My Name is Joe Biden, and Everybody Knows I
Love Israel’ By Ramzy Baroud
----
----
COUNTER
PUNCH
Analysis on US Politics &
Geopolitics
-Laura
Carlsen How
the OAS Revived the Cold War in the Americas
-Helen
Yaffe Cuba’s
Contribution to Combatting COVID-19
-Binoy
Kampmark Coronavirus
as a Way of Life
----
----
GLOBAL
RESEARCH
Geopolitics & Econ-Pol
crisis that leads to more business-wars from US-NATO allies
-“Defender-Europe
20” War Games, COVID-19 and NATO’s Disjointed Flight Forward. Computer
Simulations of Nuclear War By Brian Gray
----
===
No hay comentarios:
Publicar un comentario