APR
1 ND
SIT EC y POL
ND denounce Global-neoliberal
debacle y propone State-Social + Capit-compet in Eco
TODAY’S
REFINANCE RATE: 2.66 APR
Calculate Payment:
15 Year
fixed 2.38% 2.66%
April >
30 Year Fixed 2.75% 2.96%
April >
5/1 ARM 3.00% 3.23% April >
$225,000 (5/1 Arm) $949/Mon 323% April >
$350,000
(5/1 Arm)
$1,476/Mon 318% April >
….
….
ZERO HEDGE ECONOMICS
Neoliberal globalization is
over. Financiers know it, they documented with graphics
FOOLED!
Virus-fear is back...
See Chart:
Virus
fear trade
But the
day started off ugly with a huge sell program: the NYSE TICK
...the
biggest negative TICK since Aug 13th 2018...
See Chart:
NYSE
TICK index (Up tick less Down tick)
Small Caps led the blood bathery with a near 7%
collapse today (limit-down) but all
the major US indices were ugly (note the weak open, bounce into EU close, then selling fir the rest of the day...
See Chart:
Today
was the worst start to a quarter since 1932... as The Great Depression was
hotting up...
See Table:
The Dow lost 21k; S&P dropped below 2,500; and
Russell 2000 broke back below 1,100... erasing over 50% of the dead-cat-bounce
from last week...
See Chart:
It
appears the short-squeeze ammo has run out again...
See Chart:
“Most
Shorted” Stocks
FANG
stocks were slammed, as the opening and
closing bid ramps from last week have disappeared...
See Chart:
Bank
stocks continued yesterday's losses...
See Chart:
Most
worrisome today was the crash in Mortgage REITs - despite weak markets and tumbling yields... systemic issues?
See Chart:
Will
stocks catch-down to bond yields now that the rebalance flows are done?
See Chart:
Nasdaq vs 10Y Yield
Treasury
yields were all lower today as the rate-locks from record issuance lift (led by
the long-end: 30Y -6bps, 2Y -1.5bps)...
See Chart:
The B-Dollar
Index rebounded from yesterday's weakness...
See Chart:
Oil
prices turmoiled around today but ended higher after plunging back below $20
again
See Chart:
Finally,
we note that Republicans have retaken the lead (albeit very marginally) in the
prediction markets for the November election... Reps 51% , Dems 50%
See Chart:
And
amid all the ongoing calls for more and more rounds of fiscal stimulus and
helicopter money, USA sovereign/deval risk is starting to rise rapidly...
See Chart:
….
SOURCE:
https://www.zerohedge.com/markets/april-foold-bonds-bid-stocks-slammed-rebalance-bid-evaporates
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“This is
the kind of program that
in ordinary times would take a year to get
started.”
Regarding State help to face
CV.. the effects of the $2 trillion stimulus
package? After all it could
take weeks to process checks and get loans out, and yet April remains
essentially "cancelled".
“Without something we wouldn’t be able to keep our
employees,” another business owner with just five employees said. “My biggest goal is to keep them and of
course make sure there’s a business for them to come back and work for.”
Congress'
$2 trillion includes $349
billion to rescue small firms through the Payroll Protection
Program.. When they will get? Ask one journalist.
“Speed is
the operative word”. .. to Small
business “This
is the kind of program that in ordinary times would take a year to get
started.”
Small businesses were responsible for more
than 90% of the net job loss:
See MAP:
Net job loss attributed to small business
The owner of small business
told Bloomberg:
“I’m not a big government-subsidy guy by nature, but
right now, that’s our lifeline.”
….
SOURCE:
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SHORT
NEWS ON ECONOMICS
Bottom-line, U.S. shale appears to
be on an unavoidable rapid decline
====
"Liquidity conditions in
Treasury markets have deteriorated rapidly, and financial institutions are
receiving significant inflows of customer deposits along with increased reserve
levels." See Chart:
Dealers would be forced to pledge
more Treasurys to the Fed in exchange for reserves. Instead... crickets: not
only have Dealers virtually stopped parking Treasuries at either the overnight
or term repo facility... See Chart:
.. but today saw the second "no bid" repo operation ever, as not a single Treasury or MBS was
pledged to the Fed in return for cash. See Graph
====
Treasurys held in custody at the Fed
on behalf of foreign central banks, sovereigns and reserve managers dropped by
a record $109 billion - the biggest monthly drop in history - and the Fed
panicked... See Chart
Treasurys held in
custody at the Fed on behalf of foreign central banks, sovereigns
and reserve managers dropped by a record $109 billion - the biggest monthly
drop in history.
====
What the world is now encountering
is the perfect storm...
LOCKDOWN WILL BE DEVASTATING
and
devastating collapse which will lead to a decline in real terms of most assets
like stocks, property and debt by more than 90%.
The Dow is
an example: See Chart
UNLIMITED MONEY
PRINTING HAS STARTED
Fed has cut rates to zero and already
expanded its balance sheet by $700 billion to $5.5 trillion since September
2019. Another $2 trillion have been committed but that is just the
start. Just to remind ourselves, during the 2006-9 crisis the Fed’s balance sheet only grew by
$1.2 trillion to $2 trillion in 2009. We will most likely see the
balance sheet grow by $ trillions in the next few
weeks. See Chart:
In 1757 France lost a war against Prussia. The French king
Louis XV had a mistress called Mme de Pompadour. When France lost the war she
said to the king: “Après nous
le déluge” – After us d deluge, meaning that the loss of the war would mean chaos and destruction for France. And it
did of course as 30 years later the French REV took place.
[ It will happen to US if we declare WW3 ] Continue reading: SOURCE:
====
"...nobody actually
knows how bad it’s going to get..."
Scott Rechler, chief executive officer at RXR Realty said:
“If tenants stop paying rent, then at some point landlords can’t pay
utilities. The municipalities don’t get their property taxes or mortgages
aren’t paid and the banks get a spike in defaulting loans.”
====
Asking for the world’s
depositors: What happens if there is a global pandemic that results not in a severe
global recession, but an outright depression. Which, as a reminder,
is what Goldman's
latest forecast for at least Q2 is, when the bank expects GDP
will plunge to -34%...
And even deeper through …. See Chart:
... And what if the unemployment rate
soars to 15%.
See Chart:
Our bottom-up estimate: near 12pp
increase in Unemployment Rate
Not only is the stock index of GSIBs,
or global systematically-IMPORTANT BANKS TUMBLING... See Chart:
Global important Banks Stock Index
... as global broker counterparty
risk soars... See Chart
But most ominously, 1 Year CDS on the US have been on a tear
lately, suggesting US default odds - it appears the CDS
market is not a fan of that MMT idiocy that a currency issuer can't default -
are surging See Chart
And while we are confident that others will soon start asking
questions about whether this is also a financial crisis in addition to an
profit and economic one, one thing we don't know is whether US CDS are surging
because of that... or because of the US response to the crisis which will see US
debt exploding by $2-3 trillion this year alone with the Fed's balance sheet
doubling to $9 trillion and over.
In other words, is the CDS market
starting to sniff out the beginning of the end - the moment when the US dollar
is no longer the world's reserve currency?
====
Given we don’t have data for the
whole month and that the lockdown measures were after the survey, it is likely
that job cuts surpassed the previous record of February 2009, at minus 174,000.
====
"We're
going to have the worst bear
market in my lifetime,"
in the next year or two...
====
To quantify the impact of CV on local businesses across the U.S.,
the data science team at Womply is conducting ongoing, daily data analysis of
transaction trends year-over-year at 400,000 local businesses across the
country, including 48,000 restaurants, 10,000 grocery stores, 4,600 bars,
64,000 retail shops, and 6,400 lodging businesses. You
can view that ongoing analysis HERE.
====
FIMA
IS YET MORE PROOF - THE POTENTIAL FOR A SHADOW-SHADOW RUN IS VERY REAL Authored by Jeffrey Snider via Alhambra Investments
A shadow-shadow panic might be other type of player beyond the visible
depositories is hit hardest by liquidity problems. It’ll still be another big funding squeeze... maybe whole countries at the brink.
Hey NYSE, real GLOBAL DOLLAR SHORTAGE isn't even here yet.https://alhambrapartners.com/2020/03/30/no-dollars-and-no-sense-eighty-argentinas/ … See more Charts:
Stocks never bottomed near peak consumer confidence. See Chart
Peter Schiff
Claims he has $6 trillion to put into the economy, and that
it will do a lot of good. If governments can create
wealth and prosperity by simply printing money and spending it, why have so
many governments destroyed their economies doing just that?
Oscar Quintero:
This will be the end of the USD currency
unfortunately. Our country (Venezuela) just did that, see how it went. Our
"safe" asset is USD, so it'll end up harming a bunch of people. Gold
and $BTC
is the way to go ..
====
US DOMESTIC
POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds &
corruption. Urge cambio
The whole
reason the world is the way it is right now is because people have been manipulated by the
media-controlling class into accepting an absolutely insane status quo as
normal...
====
The technical
term is "Human Remains Pouches"...
====
"The agency is working with manufacturers to assess
their supplies..."
….
RELATED:
The New
York Times and Washington Post
aren't going to enjoy reporting this
….
Let’s see if miraculous Trump is right. I hope such drug is not
marihuana..
====
A lot has changed in Americans' expectations for - and experience
of - the crisis in a very short period of time...
====
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
FALSE FLAG? It smell xenophobia … Rememb: nothing in
official press should be trust
What took you guys so long?
….
This Qt stand to reason: most big news –includg lies- comes
from the Presid & via twits.. Why this take too long? Maybe because is a PENTA
false-flag : the assumed inventor of CV & other bio-chem weapons in their
labs since WW1. Check WORLD NEWS channels .
(Channel 13.3 and Channel # 3 in world
News)
====
WW3 could start in the war with IRAN & will affect the oil business worldwide. RU in
Commander-in-Chief
says US troops in Iraq
under threat of imminent attack...
….
SO, the pretext for
ww3 could be the killing of US troops in Iraq (CV
infested ?)
====
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
Éric
Toussaint CV se enmarca en crisis multidimens
del capitalis
====
ALAI ORG
====
RT EN ESPAÑOL
"Aceptémoslo,
el estilo de vida que conocíamos nunca volverá" https://actualidad.rt.com/actualidad/348307-mundo-despues-coronavirus-estilo-vida-nunca
China
encuentra anticuerpos "eficaces" contra el nuevo coronavirus https://actualidad.rt.com/actualidad/348430-china-anticuerpos-eficaces-coronavirus
La
inteligencia artificial predicen el agravamiento en los pacientes con covid-19 https://actualidad.rt.com/actualidad/348478-inteligencia-artificial-dar-signos-agravacion-covid
Armada del US
evacúa a 1.000 militares del portavion nuclear con casos de CV a bordo https://actualidad.rt.com/actualidad/348517-armada-eeuu-evacua-militares-portaviones-coronavirus
Piñera
anuncia 'flexibilizarel seguro de desempleo por la pand CV: ¿en qué consiste? https://actualidad.rt.com/actualidad/348458-pinera-flexibilizacion-seguro-desempleo-coronavirus
Trump afirma que Irán atacaria
al US en Irak, y advierte a que pagaría "a precio muy alto" https://actualidad.rt.com/actualidad/348465-trump-iran-planear-ataque-irak
La crisis
del coronavirus podría llevarnos a un nuevo orden mundial https://actualidad.rt.com/video/348471-experto-crisis-coronavirus-nuevo-orden-mundial
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INFORMATION
CLEARING HOUSE
Deep on the US political
crisis: neofascism & internal conflicts that favor WW3
-Trump Asks Putin for Help in Oil War By Mike Whitney
- Virginia Goes Zionist By Philip Giraldi
- The Hypocrisy of US Nacroterrorism Charges
Against Ven By Roger Harris
- People Can Build A Movement From The Crisis CV
By Moon Of Alabama
- “The CV is Man-Made:” the Conspiracy Theory
Trap By Danny Shaw
-Military Knew Years Ago That a Coronavirus
Was Coming By Ken Klippenstein
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COUNTER
PUNCH
Analysis on US Politics &
Geopolitics
Clark T. Scott The
White House and the CDC are United in Stupidity
George Ochenski What
Does COVID-19 Have to Do With Industrial Pollution?
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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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