jueves, 11 de junio de 2020

JUN 10 ND SIT EC y POL



JUN 10 ND SIT EC y POL
ND denounce Global-neoliberal debacle y propone State-Social + Capit-compet in Eco


The 7-day average number of new cases
 reported daily is on the rise in 21 states             
====


ZERO HEDGE  ECONOMICS
Neoliberal globalization is over. Financiers know it, they documented with graphics


This rebound has been fueled by a macro risk-on backdrop and a policy-induced Chinese crude import binge yet fundamentals are turning bearish...
The US shale industry could be on the verge of destruction due to the drastic decline in demand and falling energy prices brought on by coronavirus pandemic, a new report says. 
The report goes on to say "this global recession will be long and arduous," outlining how weakness in commercial, travel and industrial activity will persist for an extended period, indicating oil prices will remain subdued.
SEE CHART
OIL PRICE

Crude prices stabilized in April after OPEC+ agreed to production cuts. Last weekend, an extension of the 9.7 million barrels per day (bpd) cuts were seen through July. The cuts equal about 10% of global supply, which has led to a 172% rise in Brent crude futures over the last 33 trading sessions. Despite the extension in cuts, Brent crude prices have stalled in the 43-40 level, now at risk of reversing.
SEE CHART:
Brent  Crude Aug   Futures

Goldman Sachs warned in a Tuesday note that a tactical "pull-back in prices in the coming weeks with our short-term forecast of $35/bbl vs. Brent spot prices of $43/bbl."
Courvalin outlined four reasons why fundamentals could drag crude prices lower in the near term:
(1) demand expectations are running ahead of a more gradual and still uncertain rebound,
(2) both shale and Libyan shut-in production are currently restarting,
(3) prices are nearing levels where OPEC supply cuts should ease and Chinese purchases slow, and
(4) the inventory overhang remains daunting with our latest deep dive still pointing to 1 bn in excess stocks.

As Goldman gets bearish on energylast week suggest the rally is running out of steam.
SEE CHART:

Perhaps the bearishness building in crude extends from lackluster global demand and continued oversupply conditions, due mostly because there will be no V-shaped recovery in the global economy this year or next, which was highlighted in our piece titled "OECD Warns Of Deepest Global Downturn In Century, Second Virus Wave." 
 SEE CHART:

The latest Energy Information Administration (EIA) report noted Wednesday that  US crude stockpiles reached a record high.
SEE CHART:
US  Total crude stockpile

With another possible decline in crude prices ahead, it remains to be seen if President Trump can save heavily indebted US shale companies. When prices crashed several months ago, the president struggled to get aid to the collapsing industry.  [ Piece of cake for Trump: Print USD +QEs+Bailout to energy Comp]
Lower for longer crude prices, in a global downturn, which could continue through at least 2021 -- could be what finally leads to a  bankruptcy wave in shale.  
….
----
----

Short News on US Economics

Something tells us that the Fed's schedule released today of monetizing "only" $80 billion in Treasurys each month, or about $1 trillion per year, will not be sufficient. 
The US added the last trillion dollars in the shortest time on record, achieving this remarkable feat in just one month, since May 4, when total debt was just under $25 trillion.
SEE CHART:
----
----

"Bucket shops and boiler rooms are alive and well. The only things that change are the faces."
Speculation run rampant:  the following chart summarizes everything we have said clearly and succinctly: it shows that google trends for "day trading" and "call options" have exploded in recent weeks, surging to never before seen levels.
SEE CHART:
----
----

This is not a short Doct. I t contains many very good charts for those who are working on the US econ debacle. Some charts are new others don’t. It is up to you to select it. 
----
----

" The era of the US dollar’s ‘exorbitant privilege’ as the world’s primary reserve currency is coming to an end.”
====

...but it's not direct debt monetization, right?
SEE CHART:
Gold is surging, the dollar is down...
====

The Desk plans to continue to increase SOMA holdings of Treasury securities at the current pace, which is the equivalent of approximately $80 billion per month... and $40 billion per month in MBS.
====

The Fed sees no rate hikes any time soon, sees GDP rebounding sharply in 2021/2022 after a crash this year, and will continue "approximately" $120BN in QE for the foreseeable future.
….
These doct has also very good chart & well explained.
====

... the price for our fabrications to future generations is dear... we were already in a “Silent Depression”, what comes next is entirely another matter...
SEE CHART:
See more interesting charts
====

The Fed has fully embraced the bubble.
The key question is what happens once the current market euphoria finally ends, and judging by what's going on in retail brokerages such as Robin Hood...
SEE CHART

One final point: with even established financial commentators now admitting it is US monetary policy that has been the culprit for the unprecedented wealth and income divide, with the Fed enabling massive wealth accumulation by holders of assets even as real wages have barely budged in the past 30 years, the Fed was asked if his policies contribute to this phenomenon. His answer:  "Inequality has been rising for four decades and this shift is not related to monetary policy."
Two points here: i) the Fed has been around for 108 years, and ii) he is right, and the reason for that unprecedented increase in inequality - as we explained five years ago - is that's when Nixon ended the Gold standard, unleashing an era of unprecedented monetary growth which benefited just one segment of US society, the 1%, while crushing everyone else.
SEE CHART:
Aug 1971:  Nixon End the US GOLD Standard

This article is incomplete or intentionally blocked.  Check other source
….
----
----


Jerome Powell faces a very "tricky task."
====


US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio


So, the GloboCap-Resistance Minneapolis Putsch appears to have not gone exactly to plan. Once again, Trump failed to go full-Hitler, despite their best efforts to goad him into doing so. They gave it quite a good shot, however...
====

Former Italian PM Prodi was fond of pointing out that no country can be both rich and stupid for more than a generation. He meant it as a reproach to the Italians, but he could have been addressing America as well.
====

Limited Covid re-openings come with "a stream of issues" — specifically "a steady flow of revelers freely peeing in public since most bathrooms remain closed."
----
Eso ocurre con los  pobres porque  las letrinas siguen en quarentena por el CV-19, pero los ricos se mean y se cagan en el US (en su democracia, libertad y justicia) desde mucho antes de la pandemia actual, porque son los dueños del país, esto es, porque ellos son la real  pandemia en el país. Y mientras no los saquemos  del poder, lo seguirán haciendo.  La Revolución es la solución.
----
----

Y la REV sigue avanzando..
"Police precinct abandoned. Antifa set up barricades to create a border. Calling for volunteers to provide armed guard."
====

Marionetes  are used  for those  who  have Polit-Power. The left don’t have it

There is an important question in the George Floyd case that almost no one seems to be asking, and I think it needs to be addressed:  Is there any evidence that George Floyd died because he is black?
....
What stupid Qt.. it is like to ask the police why you kill a black? He will lie o/c
Demonstrators took streets with posters o pancarts  that read “black lives  matter” and the  most radicals  porting slogans anti-fascism d “anti-fa”.  The demonstrators were definitely anti-Gvt, that is why many many whites were with them.  The police choose one black: George Floyd, not a white. He was racist of course, like the criminals known as KKK. But the KKK masked themselves to commit their atrocities. This one no, he use the police uniform  to mask his crime. So the right Qt is: Did he kill more blacks before?. What other crimes he committed when using the police uniform?   He is more than a bad policemen, he is a criminal that deserve capital punishment. If Trump cannot reform this institution, that will be a good punishment.
----
----

Lies + Lies:  the tragedy  of Trump’s twit style of Gvt
"These Monumental and very Powerful Bases have become part of a Great American Heritage, and a history of Winning, Victory and Freedom."            
….
Most of our military interventions abroad  were genocides. Specially in Viet Nam, North Korea,  Libya ,  Syria, Iraq, Iran.. you named. Our new generations do not want to have complicity with such past. Our Empire is arriving to its end and people in America want to create a new post-neoliberal system without empires. The future is our concern and that is why we focus in avoiding WW3 and in fighting to dismantle nukes & bio-chemical weapons. 
====

Antifa Taliban...
====

The flag "runs contrary to our commitment to providing a welcoming and inclusive environment"
====


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


Have you recently heard anything about the major existential threat to our lives? 
Or about the endlessly dangerous impact of climate change? Of rising sea levels and volatile weather leading to crop failures and mass starvation and collapse of precious ecosystems? 
Do you know, the imminent Sixth Mass Extinction? The “ecocide” that the French President Emmanuel Macron called the Amazon fires last year.

I didn’t think so.
You may have as ‘normal human’ more urgent things to worry about than dying polar bears or cleared rainforests or other kinds of climate damages – real or imagined – accumulating centuries down the line. Now your life is at risk.
Read this article at:
----
----


SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO  ..Focus on neoliberal expansion via wars & danger of WW3


----
----


NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes & terrorist imperial chaos

REBELION

----
----


VOLTAIRE NET ORG   https://www.voltairenet.org/en

The Archbishop believes that the public response to the Covid-19 pandemic was medically unfounded and constituted the largest social engineering operation in history.
====




The US Federal Reserve has decided to keep rates steady in the midst of the coronavirus devastation. The latest policy update from the Federal Reserve’s Federal Open Market Committee is as expected, with Federal Reserve Chair Jerome Powell announcing that interest rates will hold near zero through 2022. The Fed’s propping up of markets in the US has posed an issue for China, which has decided to actively sell American debt securities. Meanwhile, the race is on for the head of the World Trade Organization, and the European Union is weighing in.
SOURCE: 
====

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