miércoles, 24 de junio de 2020

JUN 24 ND SIT EC y POL



JUN 24 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

Last Friday saw surges in COVID cases across many states and news that Apple would be re-closing stores in a handful of states. That sent stocks tumbling. Today - after a few days of exuberant dip-buying, those same states hitting new record highs (and more Apple store closures) sparked an even more impressive plunge (and was not helped by The IMF's downbeat forecast for the global economy)
All building on one another to slam stocks lower (led by Small Caps) ending the 8-day win streak in Nasdaq (there was a late-day bounce on chatter of $1 trillion stimulus again but a $3bn MoC ruined that fun and games)...
See Chart:

And the result - a collapse below the Navarro lows, back To Friday's lows...
See Chart:

Virus fears surge to one-month highs...
See Chart:

The B-dollar index was bid today..
See Chart:

Treasury yields tumbled 405bps at the long-end today...
See Chart:

Are stocks about to catch down to bond's reality?
See Chart:
Nasdaq vs 10Y TSY Yield

Gold was monkeyhammered too around the London Fix (after failing to break $1800)...
See chart

Oil prices tumbled as COVID (demand) and inventory/production (supply) concerns smacked WTI back to a $37 handle...
See Chart:

Finally, we wonder just how far stocks will fall this time?
See Chart:

And just how quickly The Fed will need to restart its money-printing malarkey..
See Chart:
FED Balance Sheet vs S&P500
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The US is already the most obese nation in the world, and thanks to the "Quarantine 15" it is about to get even fatter.
As Bloomberg's Pimm Fox points out, "the reasons for the weight gain aren’t a shock: changes in diet, lack of regular exercise and a generally more sedentary lifestyle."
And in a country where every trend can be monetized, investors are already making money from this latest bout of obesity: the Solactive Obesity Index is up 26% in 2020 compared with a decline of 4.7% in the S&P 500. The obesity index has even outperformed the Nasdaq.
SEE CHART

Here is a list of the top 20 benefactors of CV-19:  the index:
SEE CHART:
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Short news on Economics
...of those three safe havens, the only one that continues to rise is gold.
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio

DOES TRUMP DECIDED TO INITIATE WW3?
By Hugo Adan

My comments are derived from:
Both sides flying blind as US-China military deconfliction channels going silent...
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Apparently Trump  is quitting from NOV elections. BUT he is no, then his removal from office is expected
Invading foreign waters with 3 US carriers is not a mere violation of international peace agreements, it is a declaration of  war against China & that could  start of WW3.
IF this conflict is not solve asap  RU-CH could  also move heavy weapons to the border with US. IF negotiations for PEACE don’t start soon, this war declaration will take effects & whole humanity is at risk. This is not the way of running for re-election.
Trump is putting our Nation at risk with this stupid military move.  It is expected that NATO will support this war declaration without any reasonable argument.
Even if the Senate approve this move & the Supreme Court support it with the complicity of silence, the move of 3 carriers to foreign waters is clair  war declaration on China without any legal justification to do so.
There are International Laws to prevent any aggression to PEACE. They were set during & after the Nuremberg Trial. We can’t move heavy war weapons to foreign countries with no justification at all.
We are obliged to follow the rules of “Dispute Settlement” that requires “negotiations” for Peace conciliation and if failed we go to ‘arbitration’  with the help of neutral countries or third parties for mediation. And if all this fails, we have to follow the rules of war:  It is called JUS AD BELLUM :  (before war). It includes the following procedure:
1-Proper authority at domestic & international level. If the Senate approved & the House too, then the  Supreme Court makes the final decision. Proper Authority inhibits the move of heavy weapons to foreign countries and also inhibits the intervention of other countries (NATO case) in support of the aggressor.
2- Just cause: Invasion of a country by the army of other country is a just cause. Imperial are total violation of Just Cause. All other causes can be negotiated .
3-Right intent means that all previous legal steps for negotiation  has failed
4- Peaceful end. Before & during war PEACE is the main objective. All other pretext for war are considered CRIMES AGAISNT PEACE.
Namely : planning, preparation, initiation or waging a war of aggression (as it happens now). All violations to international treaties & conspiracies with other countries  to attack  other country  (the mere existence of NATO) is definitely a crime against  Peace.
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IN SHORT: IF Trump is preparing a war against China  and he believe that he can win this war fast .. before NOV , then he can be re-elected..
This means that he is ready to sacrifice millions of life in America just to serve his personal  political  interest.  
China & RU will respond this attack and WW3 WILL START, with much more millions of people sacrificed. Why?  Because Trump decided so.
His way of thinking & acting revels that Trump is totally sick: delusional , psychopathic & potentially a war criminal. Do we deserve this person as candidate in US Election? I don’t think so. Can a real impeachment solve this problem?  Too late.  I guess The Supreme-Court  has to ACT and DECIDE.  His removal from office is urgent.
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NO re-organizing the Police is the rote to tyranny
Yielding the public square to this “thought police,” however powerful and intimidating they are, is the road to tyranny...
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Investors will "have to consider how the FX market would react to a protracted phase of uncertainty if the outcome was unclear."
It is no wonder that traders are racing to take cover, and as Bloomberg notes, implied volatilities for this year’s Election Day are as elevated as they were during the height of the turmoil seen in mid-March, at over 30%. Four years ago, overnight volatility in the dollar-yen pair spiked past 50% the night election results were being tallied.
SEE CHART:
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We are starting a REV and it’s nothing to be afraid .. we need radical change
George Floyd’s death sparked the flame of outrage over racial injustice and police brutality, but political correctness is creating a raging inferno that threatens to engulf the nation...
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"This is the single biggest abuse of power I’ve seen in my lifetime..."
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"Gifting us with IDs that grant us our ‘freedom’ is of extremely poor taste"
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On the Atlantic coast, NJ is starting to see its transmission rate creep higher
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Collective human behavior is extremely predictable. But not by spreadsheet analysis but by studying history...
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Removing police is not going to solve the problem of underfunding of schools or systemic racism,”
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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

Lavrov's promise to Venezuelan counterpart comes as US beefs up warship presence in Caribbean...
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The new indictment broadens the scope of the conspiracy surrounding alleged computer intrusions with which Assange was previously charged
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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

COL:  Racismo    NO PODEMOS RESPIRAR   Fernando Guerra
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Max and Stacy discuss the staggering number of side hustles in our modern fiat system, in which at least 20 percent of listed companies are in the business of shuffling debt, rather than manufacturing or producing anything of value. They ponder the paper uprising of the Fiat Spring as the masses reject the wealth inequality of an economy printed out of thin air. In the second half, Max talks to Conner Brown about the national security case for bitcoin. They also discuss how bitcoin could repeat what gold did in the 19th century, in terms of spurring innovation and investment.
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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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