ND
MAR 9 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
At its lows today, this was the market's biggest
down day since 1987 (by the close the biggest since Oct 2018)!
See Chart:
DOW
daily % Change
In a reflection of the total
loss of faith policymakers notes that:
This is
the only day in the history of S&P 500 futures that they gapped down more
than -5% and didn't close above the open.
Did the 11-year-long, almost
unstoppable bull run that started on March 9, 2009, just
end on March 9, 2020?
See Chart:
S&P
500
Here’s another stat for the
record books. Total U.S.
Trading volume, on a 10-day moving average basis, is now higher than during the
meltdown in 2008. Volume is another whopper
today, over 17 billion shares.
See Chart:
NYSE
Volume
Thanks to the market perceiving
President Trump's response as remaining one of "denial" of the scale of the problem, and concerns that any fiscal stimulus will be underwhelming, things were already
anxious as markets opened Sunday night. But the situation was worsened
considerably as both Russia and Saudi Arabia stood poised to flood the
market with cheap crude (supply) in an all-out price war
just as the coronavirus is spurring the first contraction in demand since 2009.
“The situation we are witnessing today seems to have no equal in oil
market history,” said IEA
Executive Director Fatih Birol.
“A combination of a
massive supply overhang and a significant demand shock at the same time.”
Oil futures fell by about one-third in New York and London on Monday, the biggest drop
since the Gulf War in 1991, before pulling back to a 20% decline.
See Chart:
WTI
Crude
Crashing
below $30!
See Chart:
Crashing
that affects US HY Energy sector of BOND PRICES...
See Chart:
US markets were a bloodbath from Sunday night future
open (ETFs showed things were uglier than the 5% limit down in
futs) and stocks were unable to show any real
resilience...
See Chart:
Futues
5% limit down vs SPY: Cash 7% Circuit breaker
Early selling pressure today - judged by NYSE's advance-decline
line - was at its strongest since the DotCom collapse...
See Chart:
Extreme Fear has reached its extreme-east level...
See Chart:
Fear and Greed Index
The shrill cry from the
asset-gatherers and commission-rakers - "TURN THE BUY-THE-DIP MACHINES BACK
ON!!!!"
Chinese stocks - somewhat
uncharacteristically - tumbled overnight... finally..
European stock markets just suffered their worst
decline since Lehman... Oct 2008
Europe is now down over 22.5% - a bear market -
from highs just 3 weeks ago...
See Chart:
Stocks
Euro 600
The
selling was absolutely across the board... Down
See Chart:
And US
markets were an ever bigger bloodbath... The Dow dropped 2019 points!!! Worst
day for stocks since Oct 2008
See Chart:
Russell 2000 entered a bear
market today (down 23.5% from January highs), dropping most since Lehman
And DOW
Transports have erased all of the post-Trump election gains...
See Chart:
US
Banks were crushed today...
See Chart:
S&P Bank Index
vs Trump’ chances of being re-elected
The big
banks are down a stunning 30-40% in the last 3 weeks
The
Energy sector suffered its biggest loss ever, crashing over 18% on the day...
See Chart:
And
VIX's term structure is the most inverted since Lehman...
See Chart:
VIX
Term Structure
Today's crash in Treasury
yields was the biggest since Nov 2008
And it
was the biggest yield drop in history...
See Chart:
UST 30Y
Yield
The
entire Treasury curve is now below Fed Funds...
See Chart:
…
Que podría hacer Trump para evitar que este cadáver
se pudra y estalle en REV? Nada. pero si ocurre 1
milagro temporal Trump nos corona con el hell
WW3: q es peor q el CV No hay nada que puedan
hacer contra la Recess los que la crearon y lucraron con ella.
...
Amid
all this carnage, the dollar ended only modestly lower...
See Chart:
B-
Dollar Index
Once again OIL'S DROP today
coincided with DOLLAR WEAKNESS and in fact, as Bloomberg detailed, the relationship between oil and dollar has
turned on its head: THE LOWER THE CRUDE PRICES ARE, THE
WEAKER THE U.S. CURRENCY.
[Por esto
propuse ayer regresar al USD con base en oro y confiscarlo de pillonarios que poseen dentro y fuera del Pais. Fue lo que hizo FDR, a lo que hay que sumar el Plan Soc]
See Chart:
Correlation between Oil and Dollar
Since the turn of the century,
the two have typically had a negative correlation. A strong dollar has meant
weak oil prices and vice versa, partly because oil is priced in dollars.
Granted, the relationship hasn’t been stable in recent years, but a positive
correlation has been rare.
There
could be several explanations:
- For one, lower oil prices add deflation pressure and lower the bar for the Fed to ease monetary policies.
- Second, with the U.S. a net energy exporter now, weaker oil prices reduce investment in the shale industry.
- Third, oil prices signal weak global demand, causing unwinding of carry-trade positions funded by the euro.
And finally, we wonder - HAS RAY
DALIO LOST HIS TOUCH?
[ Of course NO ]
See Charts:
1: “If you holding cash you’re
going to feel pretty stupid”
2: “Cash is trush” [La
soluc no es covertir el cash en gold.. es lo que quieren los Bill que todos se
sumen a su festin para seguir siendo pillonarrios.Invertamos el cash en copos]
And don't forget it's also the anniversary of 1933's
Banking Crisis Holiday
Read message below
And in
case you're wondering. The 2K analog is holding very well... implying we should
get a decent bounce here before the finally catastrophic collapse...
See Chart
Nasdaq
now vs. Nasdaq Y2K
The
market is now demanding 3 rate-cuts at or before the next Fed meeting (on March
18th)...
See Chart:
Rate-changed Prices-In by
Market for March 2020
….
En estos dos últimos Charts vimos posibles
medidas que podría implementar Trump para salvar su régimen y su re-elección. Es fácil empujar una carreta que ya no tiene
ruedas porque vamos de bajada… y eso solo nos lleva al precipicio. Es lo que
hacían nuestros antepasados: empujaban los mamuts hacia el precipicio y allí tenían
comida para rato. Pero esta es una
medida solo temporal. Despues de Marzo Trump va tener que impulsar el WW3
contra RU y China y aliados. No tiene otra manera de sostener el USD en un
mercado mundial que ya no controla el USA. Con el WW3 Trump puede salvar la expansion del sistema
neoliberal por algunos días y meses, pero no hay ni la mínima seguridad de
victoria final. A menos que se quiera hacer una guerra mundial por etapas.
Destruir Siria y entregar el control del oil a sus aliados seria la 1ra. Pero
tampoco esto garantiza que se evite una reacción mundial contra las empresas y
embajadas del US y sus aliados en el mundo entero. La guerra inicial no habría terminado de consumarse en
una región y otras nuevas guerras estarían ya en camino.
…
There is one more chart al final:
“And US financial conditions are their tightest
since 2009”. Es cierto, la economía USA está muy débil como para
embarcarnos en una guerra mundial.. pero como hay otros Arts mejores art al
respecto, lo obviamos.
….
----
----
"Everything is on the table, we're willing
to do more," and "We can meet at any time and move at any time in
this situation"
See Chart:
Market
is pricing in extremely low long-term rates
The logic is to clear the table of monetary policy
so that the focus can shift to fiscal policy – which is likely to be more
effective. Any fiscal measures are likely to involve some
government spending in order to help steady employment. If this analysis is
correct, measures will include a heavy dose of temporary tax reductions to
improve cash flow and enable private-sector firms and households to stay
current on debt servicing. Meanwhile, "the Fed’s contribution would be to enable the
government to increase its debt burden on as favourable terms as
possible."
….
----
----
SHORT NEWS ON ECONOMICS:
It’s once
sentiment is hit that attention quickly turns toward the pace of consumption –
this will ultimately be the origin of any recession in the US.
====
Dow -350 in early Asia
trading, down 20.7% from highs...
====
The collapse in bond yields, exacerbated by the crash in oil
prices, marks an end to the era of trust in central banks...
====
Interesting subtitles & charts like this: 1-Leverage (US Debt per
share) vs. US Corp Credit risk (OAS). 2-WHAT NEXT? : High-Yield Bond Spreads
Have a Long Way to Expand.3-Investment-Grade Bond Spreads Are Poised to Widen.
====
"The
worst-case scenario for the market is that dollar liquidity shortages start to
emerge, putting leveraged borrowers in jeopardy." Subtitles: 1-sudden blow
out in the notorious FRA/OIS spread. 2- Market
Liquidity And Short Interest Are At All Time Lows")....3-FRA/OIS: soared
to its highest level since 2011. 4-record
surge in volatility. The Bank of America Merrill Lynch MOVE Index
====
WTF!
====
In a world
without the contrarian beacon that was Dennis Gartman, the head of the world's
largest hedge fund has valiantly stepped in to take his place.
====
We’re faced with the most critical time since the financial crisis.
This
supposed to happen by tomorrow: 1: VIX hit 90 at the Lehman crisis
peak...2-equity market uncertainty has caught up with global economic
uncertainty. 3-What’s the $VIX really saying here? 4- The risk: some
funds are getting wiped out and over-leverage and unpreparedness and fear among
retail investors will cause the calm passive investing trend to turn into ‘get
me out at all cost’ panic selling
====
This surge in selling pressure creates a “liquidity vacuum”...justa “sampling” of
what will happen to the markets when the next bear market begins...
====
The
president also said he that he
plans to announce “very dramatic” actions to support the economy at a press
conference on Tuesday...
====
US DOMESTIC POLITICS
Seudo democ duopolico in US is
obsolete; it’s full of frauds & corruption. Urge cambio
"We are temporarily banning
advertisements and commerce listings that sell medical face masks..."
====
It was initially a PENTA (2
scientist proved) , since it mutates become global virus
despite virtually every other virus being referred to by its
geographical origin
….
Of course is racist to call COVID 19 a “wuhan virus”: that is
xenophic stupidity
====
"Wikimedia
has itself amassed a fortune of more than $160 million... donated in large part not by lazy students,
but by major
US corporations and influential foundations."
====
SPUTNIK
and RT SHOWS
GEO-POL n GEO-ECO ..Focus on neoliberal expansion via wars
& danger of WW3
-'Not Their Fault': Trump Announces Economic
Stimulus to Mitigate Impact of Coronavirus Trump
announced new economic stimuli, including payroll tax cuts and loans to small
businesses, amid the economic turmoil caused by the COVID-19 coronavirus
outbreak.
----
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NOTICIAS
IN SPANISH
Lat Am search f alternatives to
neo-fascist regimes & terrorist imperial chaos
REBELION
====
ALA ORG
----
----
INFORMATION
CLEARING HOUSE
Deep on the US political
crisis: neofascism & internal conflicts that favor WW3
Corp are Human Creations. We Can't Let Them
Threaten Our By David Korten
The One-Choice Election By
Chris Hedges
The Criminality of the Democratic Party By Donald Monaco
The Importance of Critical Thinking By James Rothenberg
----
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COUNTER
PUNCH
Analysis on US Politics &
Geopolitics
John
Stauber Coronavirus
is Good for You
Peter
Harrison Industrialized
Misery
----
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GLOBAL
RESEARCH
----
----
DEMOCRACY
NOW
Amy Goodman’ team
Blackwater
Founder Erik Prince Recruited Spies to Infiltrate Progressive Groups with
Project Veritas
----
====
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