MAY 11 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 Nasdaq earnings continue to
collapse...
See Chart:
Valuations are soaring back near
record highs..
See Chart:
World Stocks vs. Central Banks
Balance sheets
See Chart:
Everything opened lower... then the
bid for big tech stepped in - buybacks and robinhood'rs... but a weak closing
hour left Dow and Small Caps red (very ugly last few seconds)...
See Chart:
As Nasdaq soared, the median US
stock was notably lower today...
See Chart:
Breadth was abysmal...
See Chart:
S&P VS S&P Breath (ADV-DEC)
Most Shorted Stoks.. dawn
FANG stocks surged to new record
highs today (up 43% off the March lows)...
See Chart:
Fang Stocks up:
See Chart:
All thanks to The Swiss National
Bank...
See Chart:
and retail bagholdering: Stock position at Robin Hood
See Chart:
Biotech stocks soared to a new
record high...
See Chart:
But Banks were battered lower today...
See Chart:
Why banks are getting battered (on
such a glorious day of panic-buying), here's why! Market expectations of negative rates are soaring...
See Chart:
Treasury yields were higher across
the curve with the long-end steepening...
See Chart:
The B-dollar Index surged today
(bets day in over 4 weeks) after a couple of days of weakness...The last two
days moves look a lot like last week's...
See Chart:
Oil chopped around today on Saudi production headlines
See Charts:
Finally, Spot The Odd One Out... What do stocks "know" that bonds and commodities
don't about the re-opening of the world's economy?
See Chart:
….
SOURCE: https://www.zerohedge.com/markets/banks-battered-bitcoin-brusised-big-tech-buying-spree-continues
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"Everyone
and their mother is currently incentivized to support measures that could
weaken the USD, also even the Fed. This is exactly why it is not 100% out of
the question that NIRP is coming to America."
SEE CHART:
A
strong USD is the last thing that
the FED expects
See more interesting charts at:
SOURCE: https://www.zerohedge.com/markets/nirp-panic-fades-heres-one-reason-why-fed-may-have-no-other-choice
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Not even in
Khruschev's wildest dreams did central planners ever conceive of anything so
absolutely batshit insane as what is taking place in US "markets"
right now.
The expected probability of losing
one’s job jumped to an all-time high of 20.9% from 18.5% in April; the probability
of missing a minimum debt payment over the next three months surged to 16.2% -
a 7 year high - from 15.1%, while expected earnings growth tumbled to the
lowest on record at 1.87%, down from 2.05% in April .
SEE CHART:
Confirming that an inflation wave
is coming, over the next year
consumers expect gasoline prices to rise 4.9%; food prices to rise 5.43%;
medical costs to rise 9.25%; the price of a college education to rise 4.64%;
rent prices to rise 4.57%; needless to say all of these are far, far higher
than the Fed's "target" inflation rate of 2%.
But while the above data may not
have been surprising, what was shocking is what the central bank reported
was the average consumer
expectation for stock prices in the future: according to the NY Fed, the
mean probability that US
stock prices will be higher one year from now
surged to 51.8% up from 47.7%, above 50% for the first time ever and the
highest print on record.
SEE Chart:
Expectations of highest stock prices
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The one lesson that we have clearly learned since the 2008 'Great
Financial Crisis', is that monetary and fiscal policyinterventions do not lead to increased levels of economic wealth or
prosperity...
“For 90% of Americans, there
has not been, nor will there be, any economic recovery.”
SEE CHARTS:
Companies derive their revenue from the
consumption of goods, products, and services they produce. There, it is logical
stock price appreciation, over the long-term, has roughly equated to economic
growth. However, that relationship has become unhinged since the financial
crisis due to the Fed’s interventions and suppressed interest rates.
From Jan 1st, 2009 through the end of March,
the stock market has risen by an astounding 159%, or roughly 14%
annualized. With such a large gain in the
financial markets, there should be a commensurate growth rate in the
economy.
Low, to zero, interest rates have incentivized
non-productive debt, and exacerbated the wealth gap. The massive
increases in debt has actually harmed growth by diverting consumptive spending
to debt service.
Low, to zero, interest rates have incentivized
non-productive debt, and exacerbated the wealth gap. The massive increases in debt has actually
harmed growth by diverting consumptive spending to debt service.
“The rise in debt, which in the last decade
was used primarily to fill the gap between incomes and the cost of living, has
contributed to the retardation of economic growth.”
SEE CHART:
There are two reasons for the lack of savings.
“First, incomes for all but the highest-income
Americans have been stagnant or falling for decades. Median
household income in 2018 was only about 3% higher than in 2000 after adjusting
for inflation, according to the Census. For the
poorest 20%, incomes had declined 2%.” –WSJ
SEE
CHART
STAGNANT INCOMES
The full Federal Reserve report can be FOUND
HERE, but I wanted to point to two charts specifically which
confirm the Fed’s policies have exacerbated the wealth gap. As I stated
previously, the top 10% of asset holders greatly distorts the view of the economy
as a whole. For the bottom 90%, there hasn’t been much improvement.
SEE CHART:
Mean Value of net worth for families with
holdings
As noted, the Fed will update their study of
consumer finances this year, but the WSJ confirms not much will likely change.
“As of December 2019—before the shutdowns—households in the bottom 20% of
incomes had seen their financial assets, such as money in the bank, stock and
bond investments or retirement funds, fall by 34% since the end of the 2007-09
recession, according to Fed data adjusted for inflation. Those in the
middle of the income distribution have seen just 4% growth.” – WSJ
SEE CHART:
DIVERGING FORTUNES
This isn’t surprising. A recent research
report by BCA confirms one of the causes of the rising wealth gap in the
U.S. The top-10% of income earners owns 88% of the
stock market, while the bottom-90% owns just 12%.
SEE CHART:
Distribution of Stock Ownership
The New Normal
The structural transformation over the last
decade has permanently changed the financial underpinnings of the economy as a
whole. This would suggest the current state of slow
economic growth is the new normal, and interest rates will indefinitely
be STUCK
AT THE ZERO-BOUND.
….
SOURCE: https://www.zerohedge.com/personal-finance/federal-reserve-its-ongoing-destruction-bottom-90
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US
DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds
& corruption. Urge cambio
"...we estimate that 42 percent of recent
pandemic-induced layoffs will result in permanent job loss."
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It's not that hard to forecast a populist revolt against the parasitic class that's grown obscenely
wealthy as a direct result of Fed policies...
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"Scandal
free" administration?
====
"Every
person that can stay at home and order delivery via this robot is staying out
of the store, staying out of the restaurant..."
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"They have no
incentive to tell the truth...This has been an intended coupand that is really the
bottom line."
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Meanwhile, in CHINA, Wuhan officials are
embarking on a 10-day mass testing drive aiming to test every resident in the
city after another cluster of cases was found...
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Trey Gowdy:
'Leave Obama alone'
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President
Trump and Chief of Staff Mark Meadows have issued a memo to all who work in the
West Wing that masks must be worn at all times inside the buildingexcept when
at one's desk...
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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
For two-and-a-half years the House Intelligence Committee knew CrowdStrike didn’t have the goods on
Russia. Now the public
knows too.
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“Wuhan’s move is a testimony
of #China’s open, transparent and responsible attitude...”
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The
situation in India is growing increasingly precarious as the end of its
lockdown nears...
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"the
government has been quietly loosening policy, more than what it may appear by
looking at the magnitude of interest rates and RRR cuts."
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SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO
..Focus on neoliberal expansion via wars & danger of WW3
-Indian
States Violating Rights By Changing Labour Laws to Rescue Covid-19 Hit Economy
- Rahul Gandhi
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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes &
terrorist imperial chaos
REBELION
Cuba debate: Revolución: creación, pensar social
y comunicación
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ALAI ORG
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RT
EN ESPAÑOL
Renuncia al equipo de Guaidó el que firmo contrato
para atacar Venezuela https://actualidad.rt.com/actualidad/352795-renuncia-equipo-guaido-asesor-ataque-venezuela la mafia Guaido tiene traidores, no es raro::
donde hay mierda hay moscas
Putin anuncia el fin de los días no laborables a
partir del 12 de mayo https://actualidad.rt.com/actualidad/352757-rusia-putin-situacion-coronavirus
Trump da 1.000 millones de USD para hacer
pruebas de covid-19 en todo el país https://actualidad.rt.com/actualidad/352816-trump-enviar-dolares-pruebas-coronavirus Que se vayan los de Loreto-Peru porque les va
a llover basucasos
Arg: Funcionarios locales hacen fiesta en plena
cuarentena y agreden a policías https://actualidad.rt.com/actualidad/352834-funcionarios-argentinos-rompen-cuarentena-fiesta-policia-agredidos En Mx, Col y Pe no los agreden, los eliminan
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CROSS TALK https://www.rt.com/shows/crosstalk/
While the
novel coronavirus pandemic continues to take a bite out of business, one of the
hardest-hit sectors has been restaurants. The industry employs millions of
people in the US alone and many of these are small local businesses that won’t
survive, even with the help of government loans.
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Frienly Clashes
between Chinese and Indian soldiers have been reported on the border between
the two nuclear-armed countries. They fought only with fists and stones. The worse happens in South China Sea where
the US sent soldiers. Nothing happen
yet but could happen soon. [ Se prevee que los soldados indo-chinos se unan para
enfrentarlos, dice otro noticiero. Si es asi veremos sorpresa
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Seventy-five
years ago, there was global solidarity to annihilate the scourge of fascism
from Europe. The Soviet Union and its Western allies prevailed against Nazi
Germany. Today, global solidarity is sadly missing in the face of the Covid-19
pandemic. Who and what blocks this very necessary solidarity?
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Profits vs
people’ has always been the dichotomy at the heart of the pharmaceutical
industry. After so much wrongdoing and greed, will big pharma use the
coronavirus as an opportunity to redeem itself… or will it continue business as
usual?
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Professor
Gerd Gigerenzer, the director of the Harding Centre for Risk Literacy, discusses how the lack of ability of much of
the global population lead to more deaths, making the coronavirus pandemic’s
effects worse.
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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
-Trump
Death Clock: Creator Eugene Jarecki Says “Reckless Mishandling” of COVID-19
Must Be Quantified
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