ND
MAR 5 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
WORLD RECESSION
OFFICIALLY DECLARED:
So much for
the 'Biden Bounce'. Watching
the markets today - as The
Dow plunged 1000 points, Treasury yields collapsed to record lows, credit
markets imploded, and demands for more Fed intervention exploded -
has one veteran trader remarking, "this is
becoming a super-puke."
It seems the stock market is 'stuffed' with Fed intervention and 'just one waffer-thin mint' more may spark the total destruction of markets.
The market is in panic mode - demanding over 50bps
more rate-cuts in March as stocks collapse...
See Chart:
March
FED rate change-Priced-in by Market
Credit
spreads are exploding wider (decompressing 9 of the last 11 days - the biggest
blowout since June 2013) - now at their widest since 2016...
See Chart:
US HY
Corporate Bond OAS
Sending
an ugly message to stocks...
See Chart:
S&P vs. US HY Corporate Bond OAS (inv)
10Y
Treasury yields plunged to new record lows...
See Chart:
And
gold (safe-haven) was aggressively bid...
In fact, since The Fed enacted
an emergency 50bps rate-cut, Gold is soaring as the
dollar and stocks faded...
See Chart:
And before we dive into some of
the details, this made us laugh - China - the epicenter of the collapse in
global supply chains - has seen its stock market MIRACULOUSLY
soar back to pre-Covid-19 levels... as Europe and US crash...
See Chart:
Amid
all this chaos, Dow, Nasdaq, and S&P are still up 2-3% on the week, Small
Caps and Trannies are red though...
See Chart:
Dow
tumbled back below 26k and then the battle began for the algos...
See Chart:
Another
1000-point day for the Dow - just how crazy is this vol? It's the most extreme
since the very peak of Europe's debt crisis...
See Chart:
Bank
stocks entered a bear market today, tumbling to their weakest since Jan 2019...
See Chart:
S&P Bank Index
Global
Systemically Important Banks are collapsing...
See Chart:
The Big
US Banks were clubbed like baby seals...
See Chart:
The VIX
term structure is its most inverted since Lehman...
See Chart:
While
stocks feel like they have plunged, they have a long way to go to catch up to
bonds' reality...
See Chart:
Treasury
yields crashed today down 10-15bps across the curve with the long-end
outperforming...
See Chart:
The B-Dollar
slipped back to post-Powell-cut lows - this is the lowest for the dollar since
January...
See Chart:
WTI
plunged back to a $45 handle after OPEC+ talks did not seem to go well (damn
you Putin!)...
See Chart:
Finally, with a h/t to John
Lohman, the Coronavirus Fear Index is exploding..."Long
panic-buying food, short travel and entertainment"
See Chart:
"Probably nothing!" [considering what is
coming ]
….
----
----
"Our
model indicates that, in such a scenario, there’s room for further short-term losses..."
====
...we
are witnessing something that has
not been seen in several generations. It is an event far more
destructive than the Great Depression with market implications beyond what happened in 2008...
I think it’s important to note that when
manipulation does occur, it is almost always to suppress prices, not to rally
them. Why is that? Well, this is where we can only
speculate, but there are a number of reasons why international
banks and central banks would want to keep metals prices under control.
For example, precious metals
act as investment competition against equities as well as currencies. Suppressed metals prices push
investors into other assets like stocks or the dollar, giving a temporary boost
to flailing markets.
Continue reading at:
----
----
US DOMESTIC POLITICS
Seudo democ duopolico in US is
obsolete; it’s full of frauds & corruption. Urge cambio
"We have shown that a woman can
stand up, hold her ground, and stay true to herself – no matter what."
….
E-Warren es sin duda la mejor candidata de Sanders a VP . Ahora en las
primarias los votos para ambos se unen para derrotar a Trump y Biden. Ahora si la VICTORIA
de SANDERS es segura. Y aun si los billonarios quieren sacarlos
del Pdo Democrata con sus fraudes, Sanders y Warren
ganan si lideran un Pdo independiente.
====
THE PAST 30 YEARS OF FALSE PROSPERITY IS OVER...
Ten
malefic trends will dominate national life during the long night of
reckoning which lies ahead.
- The spectacular failure of Keynesian central banking;
- A prolonged, painful reversal of the three-decade long hyper-inflation of financial asset prices that has resulted in the Everything Bubble;
- The violent implosion of America’s fiscal accounts;
- An intensified central bank war on savers, fixed income retirees and holders of cash;
- Peak Debt-induced suffocation of domestic economic growth;
- Ferocious global economic headwinds arising from the demise of the Red Ponzi;
- An outbreak of unprecedented partisan acrimony rendering Washington completely dysfunctional and imperiling America’s very constitutional foundation;
- The lapse of Imperial Washington into belligerence, retreat and failure all around the planet;
- The Baby Boom retirement tsunami, which will cause entitlement spending to soar and generational conflict to erupt like never before; and
- A virulent outbreak of class warfare and redistributionist political conflict unprecedented in American history owing to a stagnating economic pie.
Moreover, there is a powerful reason to keep abreast
of these Turbulent Ten trends.
Needless to say, these forms of crisis and financial engineering redistribute financial wealth to the top 1% and 10% of
households. The latter own 40%
and 85% of the stock, respectively, and they have gained mightily
since Greenspan initiated the present era of Keynesian central banking in
the late 1980s.
See
Chart:
The Wealthiest American Own an increasingly share of the Wealth
At the end of the day, the relentless and ever
deepening financial recession—especially during the decade since the
financial crisis— has generated precious little gain in
national output and jobs beyond what capitalism does on its own.
For example, manufacturing production is still 2% below pre-crisis
levels of November 2007. And total industrial production has crept just 4%
higher over 12 years.
See Chart:
Moreover, even the huge one-time
inflation of financial asset prices on Wall Street didn’t embody
sustainable real wealth because it was primarily based on multiple expansion,
not earnings growth.
Exactly 31-years ago in early 1989, for instance,
the S&P 500 index stood at 295 where it represented 12X earnings of
$25 per share.
….
And that will pave the way for the
Turbulent Twenties, and for the unfolding of all the hateful factors listed
above.
See Chart:
FRED Assets : Total assets (less elimination from
consolidation). Wed level
Shaded area indicates US
recessions
Continue
reading .. FINAL WORDS:
“Donald
just flat-out doesn’t care and he’s taking the GOP with him into fiscal
fantasy-land.” …
It is only a matter of time before the impending collision shatters the faux prosperity and wanton
complacency that prevails on both
Wall Street and in Washington.
Still, it
is not too late to get prepared.
----
----
As people
across the country frantically
attempt to get prepared for the possibility of quarantines and illness
during the Covid-19 outbreak, store
shelves across the country are getting stripped bare...
….
RELATED 1:
We now have a market that is very sensitive
to natural supply/demand dynamics.
All is not well and the cost of
trading has risen sharply. Widening
bid/offer spreads and increased impact of trading is related to a reluctance of
market markers to offer or bid for meaningful sizes (less HFT participation
is likely related). As a
result, we now have a market that is very sensitive to natural supply/demand
dynamics.
See Charts:
See other interesting charts
at:
….
RELATED 2:
“Holy cow,
if the Fed is taking EMERGENCY action, things must be even worse than we thought...”
On October 19, 1987, the US stock market suffered
the worst crash in its more than 200 year history, dropping more than 23% in a
matter of hours.
In October 20th, the Federal Reserve announced that they would do
whatever it takes to support the economy.
And ten days later they cut interest rates by
0.5%.
Yesterday the Federal Reserve
did the same thing. Stock markets worldwide have been
jittery lately due to Corona Virus fears, so the Federal Reserve stepped in and
cut interest rates by 0.5%.
There are many things that are remarkable about this:
First, the
Fed already has a regularly scheduled meeting coming up in two weeks on March
17th. But apparently they thought the situation was so severe that they held an
emergency meeting yesterday and hastily voted to cut interest rates by 0.5%.
Today’s stock market turmoil is nowhere near as bad
as it was in 1987.Sure, the market is down
around 10% over the past two weeks.
2nd.
Ironically, this interest rate cut caused investors to panic even more.
After the Fed made its announcement, the Dow Jones Industrial Average plummeted
another 800 points.
But as of yesterday morning, the Fed’s benchmark
interest was just 1.75%. So a 0.5% cut is pretty huge. Do the math– they cut
interest rates by nearly a third, down to 1.25%.
See Chart:
This gives them VERY little room to cut rates further when the US economy enters RECESSION, virtually guaranteeing
that interest rates in the Land of the Free will go negative. [ I guess Trump did it because the
whole world is in recession Now ]
….
….
MY OPINION
The purpose of cutting rate now is to facilitate money creation and
circulation. This new currency can be borrow to reactivate the Econ where is
needed. Esto si puede facilitar un boom artificial as expanding companies can hire
labor. Pero puede tambien generar un ’bust’ si la demanda reactivada (capacidad
de compra) se basó en la suba de precios por caída del USD o por inflación. Si esto ocurre tenemos una
demanda artificial no basada en el ahorro sino en dinero prestado (deuda)
y eso si podría generar una crisis mayor en el corto plazo, si el mercado del
contexto mundial así lo determina.
Hugo Adan No soy
economista pero tuve que tomar 2 cursos como parte de mi formación como
sociólogo en Perú y uno de ellos fue justo sobre Keynesian Economy. Mi
especialidad en Sociologia es “Systems Theory” lo que use (en un equipo de 10
en la Univ de Pitt) para formular reformas educativas que el Banco Mundial
vendía a los Saudis y paises opulentos del entorno Musulman.
----
----
La corrupta burocracia syndical
in the US… Dem or REP? .. they are similar
Prosecutors claimed Jones used union
funds to finance "trips, liquor and other luxuries" despite
presenting himself as a labor leader and man of the people...
====
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
Perhaps it'll
last barely longer than the recent hyped US-Taliban peace deal
====
Divorced from reality...
====
"no, it's not 'just like the flu, bro!"
====
SPUTNIK
and RT SHOWS
GEO-POL n GEO-ECO ..Focus on neoliberal expansion via wars
& danger of WW3
-
Turkey to Deploy More Troops as Ceasefire
Comes Into Effect in Idlib Under New Agreement With Russia
----
----
NOTICIAS
IN SPANISH
Lat Am search f alternatives to
neo-fascist regimes & terrorist imperial chaos
REBELION
====
ALAI ORG
====
RT EN ESPAÑOL
Assad: Si
los USAnos y los turcos no dejan Siria
tras las negociaciones, usaremos la fuerza
https://actualidad.rt.com/actualidad/345076-assad-estadounidenses-turcos-dejan-siria
Alto el
fuego, patrullas conjuntas y corredor de seguridad: acuerdan Putin y Erdogan https://actualidad.rt.com/actualidad/345074-putin-erdogan-moscu-soluciones-idlib
"Diciendo
la verdad sobre la pandemia financiera" https://actualidad.rt.com/programas/keiser_report/345039-diciendo-verdad-pandemia-financiera
Trump
propondrá a Rusia y China un nuevo acuerdo de control de armas https://actualidad.rt.com/actualidad/345089-trump-iniciativa-control-armas-rusia-china
Un
misionero brasileño es condenado por dar un arma de fuego a indígenas https://actualidad.rt.com/video/345101-indigenas-denuncian-trato-injusto-gestion-bolsonaro
----
----
INFORMATION
CLEARING HOUSE
Deep on the US political
crisis: neofascism & internal conflicts that favor WW3
-
Democraticide By Paul Edwards
----
----
GLOBAL
RESEARCH
Geopolitics & Econ-Pol
crisis that leads to more business-wars from US-NATO allies
----
----
DEMOCRACY
NOW
Amy Goodman’ team
----
===
No hay comentarios:
Publicar un comentario