jueves, 9 de abril de 2020

APR 9 20 ND SIT EC y POL



APR  9  20  ND 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


As we noted earlier,  The Fed's actions this morning mean "free markets are dead."
Guggenheim's Scott Minerd summed up exactly what The Fed has done with its actions today:
"The Fed has made it clear that it will not tolerate prudent and responsible investing."
And gold is starting to signal fears over fiat...

Something is brewing...
See Chart;
Spot Gold

And the spot-futures markets are decoupling as physical (geographic) shortages rear their ugly heads again...

As Bloomberg notes, the internal mechanics of the gold market are again showing strains under this rally. Gold futures are trading more than $50 above the spot price in London.
See Chart:  Premium Gold

Capital deployment strategies will likely have to change from what has been the norm in the post WW2 environment. We are in a New World Order.

So let's survey the damage from The Fed's "there's no limit to what we can do" words and actions this morning... and that is perhaps why USA's sovereign credit risk is beginning to show some cracks...
See Chart:
UA 1Y Sovereign CDS

First things first, the market knows best as to when and how the virus peaks...
See Chart:
S&P 500  vs. US CV cases  (Log inv)

Because the market did a great job of understanding the virus when it first broke out...
See Chart:
S&P 500  vs  World (China)  CV cases

This was the biggest short-squeeze week ever...
See Chart:
Most Shorted Stocks

The other big story of the day was OPEC's utter failure - after spreading rumors of a possible 20mm production cut... they managed less than half of that for just two months...
See Chart:

...and WTI went from +12% to -8% on the day...
See Chart:

The B-Dollar traded lower today...
See Chart:

Treasury yields were lower today (even with stocks bid), but the curve continued to steepen with the short-end outperforming...
See Chart:

Notably, HY "caught down" to VIX today again...
See Chart:

While gold and oil stole the headlines, silver was best among the major commodities...
See Chart:

Kyle Bass once said"Buying Gold Is Just Buying A Put Against The Idiocy Of The Political Cycle. It's That Simple!"
See Chart:
USD FIAT  vs  USD GOLD
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“This is going to lead to a complete re-examination of the role of central banking and the Fed’s independence,”
See Chart:
Gold vs Faith in Central Banks
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"México en el consenso para estabilizar el precio del petróleo en la reunión de la@OPECSecretariat ha propuesto una reducción de 100 mil barriles por día en los próximos 2 meses."
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Pepe Escobar looks at a frightening future that might follow the already terrifying Covid-19 global outbreak...
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Congratulations Jerome Powellwith the US economy entering a depression...you have singlehandedly pushed the S&P to the most overvalued level in history.
See Chart:
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..."just" $30 billion per day.
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Consumers need to be prepared for a longer and deeper recession rather than the now discredited message that pent-up demand will spark a quick and robust economic recovery,”

This is the biggest crash in the current conditions index ever...
See  Chart:
UMich Consumer Sentiment. Current conditions
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio


Farmers who sold to wholesalers who supplied restaurants, schools and theme parks now have nobody to sell to.
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Disaster declarations have now been approved for 49 states...
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With the Fed now "all in", this creeping nationalization of capital markets will end when the Fed starts buying stocks. That's when one can officially ad "SR" to the "US".
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...the establishment is about to becomethe sugar daddy to everyone that is not self-sufficient.
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Americans have suffered under the boot of tyranny long enough...
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While the supply effects are prevailing at the moment, the demand effects may last for years...            
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This also allows the government to ramp up surveillance for the "greater good."The power of fear and propaganda are powerful tools in the manipulation of general consensus...
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As to the US election in November, will Bernie voters back Biden, or Trump, or Bern Out completely? And what position is Biden going to take on de facto MMT? ‘Let’s get back to small government’ or ‘we do big government better’?
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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


The barrier is planned for the entire 80-mile long border...
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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

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ALAI ORG

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RT  EN ESPAÑOL
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INFORMATION CLEARING HOUSE
Deep on the US political crisis: neofascism & internal conflicts that favor WW3

-U.S. Will Cover-up Its Own Coronavirus Death Toll  By Moon Of Alabama  Their claim of China's "cover-up" is bullshit
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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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