viernes, 27 de marzo de 2020

ND MAR 27 20 SIT EC y POL



ND  MAR 27  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
Inconceivable !
After an unprecedented explosion in fiscal largesse...
See Chart:
Fiscal Policy Actions:  Developed Markets
Led by USA

We got this: Discretionary Fiscal Easing in response to CV
See Chart:

And the greatest easing of monetary policy ever...
See Chart:

Which, for The Fed, looks like this...
See Chart:
Fed Balance Sheet  vs. Previous Highs
See  Chart:

Who would be surprised that we saw stocks dead-cat-bounce this week...
See Chart:
Fed Balance Sheet  vs. S&P

Exactly on cue with the 1930s analog...
See Chart:

In fact, after last week's worst performance since Lehman (2008), this week's gains were the greatest stock market week (Friday's drop included) since August 1932...
See Chart:
Dow Industrials Weekly Return

Meanwhile, as stocks soared, this was the worst week for USD since September 1985 - which just happens to be the signing the Plaza Accord(which is intriguing as it happened out of nowhere right after the G-20 meeting - did they 'agree' a Shanghai Accord? A Plaza Accord 2.0?)...
See Chart:
DXY Dollar Index Weekly Return

And the plunge in the USD, rather oddly, was accompanied by a continued surge in FRA-OIS (signaling dollar shortages remain extreme)...
See Chart:

And something is spooking interbank markets - LIBOR-OIS is screaming higher as if banks are frightened of one another once again...
See Chart:

And amid all this chaos, USA sovereign credit risk has been notched notably higher...
See Chart:
USA Sovereign 5Y CDS

This seemed to sum things up nicely:
Stocks bounced globally this week...
See Chart:

US markets were ugly at today's open but the machines went wild in the last hour try and get back to green until news that The Fed was reducing its bond buying package next spoiled the party...
See Chart:

Treasury yields plunged on the week with the belly and longer-end outperforming...
See Chart:

Oil was the biggest loser on the week in commodity-land and Silver the leader..
See Chart:

As the dollar tumbled, precious metals all ripped this week dominated by Palladium...
See Chart:

And finally, this was the US economy's most disappointing week since June 2011 as real data dashed the optimistic expectations that so many analysts hoped for a v-shaped blip...
See Chart:
Citi US Macro Surprise Index
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SHORT NEWS ON ECONOMICS

So much for "unlimited QE"?
After buying $50BN in MBS every day since Monday, the Fed's schedule now also shows a decline in MBS purchases going forward from $50BN to $40BN daily next week.
These cuts are summarized below:
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Once this thing is over, American workers need to realize, as eurodollar futures investors do, that they’re going to get back to work more slowly and, unless something changes very soon, ultimately fewer of them will.
Without a stable financial system, or even the widespread appearance of stability in it, this is what happened to the suddenly jobless:
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"Markets stop panicking when policy makers start panicking."
Going back to what has already been done, here is a breakdown of the latest fiscal stimulus via Goldman:
Discretionary Fiscal Easing
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March 20 was the "bond capitulation day" when a record $34.6BN in redemption from bond funds took place.
This, together with the record outflows observed in the past two weeks which now amount to a "stunning" $218BN in bond outflows led BofA CIO Michael Hartnett to declare that the "bond bubble has popped" leading to an almost identical inflow, or $234.6BN, not into stocks but into the one asset that most certainly is not "trash":cash.  See Charts:
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Billionaires: the profiteers of this crisis
... about twice what the desk usually earns.
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...the world is bankrupt. It’s that simple.
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If only they'd paid all those taxes...
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio

"Violent extremists probably are seeking to exploit public fears associated with the spread of COVID-19 to incite violence..." 
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Has the "national fiber" been "fundamentally destroyed"?  Has self-reliance been replaced by acceptance of dependence?
Let's look at the money issue first.  
Our country has unbelievable levels of debt, and our debt is rising rapidly.  The numbers are staggering.  The debt clock shows U.S. debt at $23 trillion (nearly 110% of the GDP) and unfunded liabilities of $77 trillion.  That's a conservative estimate.  Boston University economist Laurence Kotlikoff, an expert on the national debt, says, "The true size of our fiscal problem is $222 trillion...20 times bigger than the official debt."  He says, "The government has gone out of its way to run up a Ponzi scheme and keep evidence of that off the books by using language to make it appear that we have a small debt."
Americans are not prepared for trouble, and trouble is here.
If economic activity is smothered for too long, many businesses will not survive.  "Helicopter money" dropped by the government will not fix this problem.
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Irony?  Esto es como pedirle peras al olmo
"If getting us into $6 trillion more debt doesn’t matter, then why are we not getting $350 trillion more in debt so that we can give a check of $1 million to every person in the country?"
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"Teleworking & streaming help a lot
but infrastructures might be in strain." 
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Baltimore diving deeper into chaos. 
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This crisis was created by Trump?  What the evidence on it? If none= Stupid folly
Possibly the single most cringe-worthy moment of ultimate buck-passing to come out of this crisis...
….
I won’t attack Trump.. in return I need 1.9 Mill to save my family + 10 stud A+ Taina is already in Boston, the others are coming. I include family  & my wife who already suffered  the 2nd stroke. My old house need to be totally repaire
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During difficult times, you’ll notice an emergence of conscience and courage in a lot of people. You might see people being willing to help others even when they are at risk themselves...
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"...our fight against the virus is too urgent to allow the give-and-take of the contracting process to continue to run its normal course..."
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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
Peruvian authorities urged locals to understand
that "bats are not our enemies."
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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

Cuba: FEM a debate  Locas, brujas raras y lesbianas
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ALAI ORG
Coronavirus: autodefensa de la propia Tierra   Leonardo Boff  La pachamama no castiga de esa manera. Ademas bastaría el sol o inti para limpiar la peste y no s asi
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RT EN ESPAÑOL

Trump autoriza la Defensa  d Seguridad Nacional y llamar reservistas para combatir el CV https://actualidad.rt.com/actualidad/347890-trump-autorizar-jefes-defensa-seguridad-reservistas
 US se convierte en el 1er país en superar los 100.000 casos diagnosticados del CV  https://actualidad.rt.com/actualidad/347786-eeuu-supera-100000-casos-covid19 En algo somos primeros:  en la porquería de sistema de salud que tenemos.
Cómo se enfrentaron las cinco últimas pandemias que azotaron el mundo   https://actualidad.rt.com/actualidad/346802-cinco-ultimas-pandemias-azotar-mundo
Médicos de Bélgica y Países Bajos dicen : hospitalizar débiles y ancianos con CV es "inhumano" https://actualidad.rt.com/actualidad/347871-medicos-belgica-paises-bajos-no-hospitalizar-ancianos
Revelan patología que puede incrementar el riesgo de fallecer por covid-19   https://actualidad.rt.com/actualidad/347799-revelan-patologia-podria-incrementar-riesgo
Maduro, a US y COL: Si se atrevieran a tocarnos un pelo, les caerá la furia bolivariana https://actualidad.rt.com/actualidad/347821-maduro-eeuu-colombia-furia-bolivariana   RU y China armaron a Ven con misiles y semi-nukes de alta calidad
Moscú: Las sanciones durante la pandemia se convierten en un arma de genocidio   https://actualidad.rt.com/video/347896-moscu-sanciones-pandemia-arma-genocidio
"Ademas del CV, el mundo se enfrenta a la pandemia de la emisión de moneda" https://actualidad.rt.com/programas/keiser_report/347401-emisores-moneda-dan-abasto
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COUNTER PUNCH
Analysis on US Politics & Geopolitics

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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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