JUN
5 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
Short Sellers lives matters
This was a big week for markets.
Trannies were up over 10% on the
week, Nasdaq lagged by "only" gaining 3%.
AAPL record high today.
Best 50-day rally in stocks in 90
years.
BUT: Dow then and Now
See Chart:
Nasdaq 100 and Composite hit record highs, S&P is less
than 1% away from green YTD.
BUT:
Biggest weekly crash in momentum on record...
See Chart:
Market-Neutral Momentum Factor.. Dawn
Banks stocks exploded higher (second best week since Nov
2016, Trump election)
Biggest weekly gain for Airline
stocks... ever.
Biggest weekly spike in 30Y yields
since Nov 2016 (Trump Election)
See Chart:
UST 2Y 30Y Yield Spread
Biggest weekly short-squeeze in two
months (second biggest since March 2009)
See Chart:
“Most Shorter “ Stocks
B-Dollar Index is down 10 days in a row, biggest weekly drop
since March and biggest 3-week drop since Oct 2011...
See Chart:
Commodities were mixed with Crude
and copper soaring as PMs tumbled (despite the weak dollar)...
See Chart:
And finally, "SURPRISE!" - The Citi US Macro Surprise Index exploded in its v-shaped manner today
after the stunning (birth/death adjustment-enabled) jobs beat...
See Chart:
US Macro Surprise Index
And while May was the month of
overnight gains, June has seen the market rise during the night
See Chart:
S&P 500 Absolute Performance
Since Start of May
….
SOURCE: https://www.zerohedge.com/markets/stocks-soar-record-highs-amid-bond-bloodbath-momentum-massacre
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The main
driver behind 70% of US GDP just went into hibernation.
According to the Fed's latest G.19
statement, in April total consumer
credit plunged by a record $68.8 billion, smashing expectations
for a modest $20 billion drop sparked by last month's $6.8 billion (revised)
drop, and more than 3x greater than the biggest
consumer credit drawdown observed during the financial crisis.
SEE CHART:
Just like March, the bulk of the
credit repayment took place in revolving credit although to a far greater degree
as Americans repaid a record $58 billion on their credit card bills as US
consumer society literally went into reverse and instead
of spending wildly as it does every other month, usually spending what it can't
afford, US consumers repaid the
most on their credit cards ever.
SEE CHART:
Revolving Credit MoM Change
However, in perhaps a more notable
departure from March when total consumer credit also tumbled even as
non-revolving credit rose, in April non-revolving credit - auto and student
loans - also posted a sharp drop. In fact, the drop, while not the biggest on
record, was the biggest since the financial crisis. It
wasn't immediately clear if this particular drop was due to shrinkage in
student or auto loans: the full detail will be published in two months time
when the Fed reveals the quarterly change in those two series.
SEE CHART:
Nonrevolving
Credit MoM Change
So how long until this shocking
plunge in consumer spending reverses? The answer is
that nobody knows, but until US consumers feel comfortable enough to once again
"charge it", THERE CAN BE NO RECOVERY.
….
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Those
looking for signs of a panic stampede into stocks among retail investors, look
no further than the following three charts.
Those looking for signs of a panic
stampede into stocks among retail investors - and apparently institutional one
too now that they have capitulated on sitting on the fence and are rushing into
risk assets - look no further than the following three charts.
Whether due
to expectations of even more upside, or just in hopes of catching some more
herd-driven momentum, on the day the Nasdaq Composite hit a new record intraday
high, the volume in the Nasdaq also hit an all time high, a clear indication of
the frenzy that has gripped tech names.
SEE CHART:
Nasdaq Volume
And since
in a market backstopped by the Fed plain-vanilla, unlevered returns are for
amateurs, today also saw a near record burst in overall call volumes as
investors not only bought stocks but did so with generous helpings of leverage.
SEE CHART:
CBOE Equity
Call Volume
Finally,
since this is "Jay's
market" after all, and it is Jay's job to insure that nobody loses
money ever again, there is no point in hedging, and sure enough the Put to Call
ratio tumbled to just shy of all time lows as the VIX will soon start rising
not due to put prices but calls.
SEE CHART:
Put To Call
Ratio
….
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Arab Spring
part 2?
First the
good news: wholesale beef prices have tumbled sharply and are just
barely higher than where they were before the coronavirus pandemic struck.
SEE Chart:
Wholesale Beef prices
Now the not so good news: as Bank
of America's Michael Hartnett notes in his Flow Show today, while beef may be affordable again, rice - the staple food
for half of world's population - is becoming increasingly unaffordable,
"surging 70% since Jan on COVID-19 labor supply chain hit &
stockpiling."
See Chart
As a reminder, it was the surge in
food prices in late 2010 and early 2011 that precipitated the Arab
Spring protests that toppled numerous
political regimes and eventually culminated with the mass exodus of migrants
from northern Africa and the middle east toward Europe.
….
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Brief Economic News
...stocks "are rising
because the Fed is printing all this money because the Fed is
creating inflation and debasing the value of currency. That is going to drive the value of gold.
.."
OPEN THIS VIDEO TO LISTEN HIM:
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... like 2008, ask yourself
if the economy and the monetary system really have made it through this
ordeal unscathed?
SEE CHART:
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Assuming a similar trajectory off the Feb lows suggests the SPX would
rise to 3300-3600 sometime between August and January.
SEE CHART:
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“We are seeing a lot of bullish options speculators, and I think the ‘message board flow’ is playing a part,”
SEE CHART:
The Put-Call ratio has crashed to its lowest
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US
DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds
& corruption. Urge cambio
TIME TO START RE-ORG OF THE POLICE
INSTITUTION:
Start by dismissing all those who shot unarmed civilians
Hugo Adan
6/5/20
This is my reaction to the following
article:
"They
tried to f*ck over these guys like I have never seen in my 54 years"
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Keep only
those policemen who plan to serve the Public Need. Train new staff from
army soldiers & and with civilians with high degree of education like
millennial. Take out all those who committed atrocities.
Meanwhile
the army can used the tactic used in the SOUTH: protect civilian
demonstrations as happen in CHILE, COSTA RICA & PERU (Arequipa) : In Chile, a team of
policemen well armed marched at front of the meeting, other covered the sides and the rest at the end of the meeting. Demonstrators can
get in with their own poster.
Salvador Allende put across this Law .
Huge demonstrations against Allende
were protected and the same with
demonstrators in favor of Allende. When US’
fascist-mercenaries invaded Chile, all this police service to the Nation’
freedom was canceled.
Here in the US we saw recently policemen and demonstrators
shaking hands & hugs with black demonstrators. That
is the path to peace & fraternity in the US.
What if vandalizes assault stores?
The police have to talk to them via mega-phono: You give up your arms, rise
your hands & you’re are free to go
NOW. IF they don’t give up their arms, the police shot them with fake bullets, reduce them, tie their hands and take to
prison. Not personal attack to them is allowed
IF vandalizers have used their real arms inside the store, hurt the owners or his staff, shot them with
real bullets. Store cameras & other cameras must take the evidence of that behavior.
The new policeman must know that
their mission is not to kill civilians, even if they
are robbing a store.
The aim of re-organizing the Police
Institution is to CONVERT POLICEMEN INTO TO THE ARMY OF OUR NATION, TO PROTECT IT AND saved guard THEIR FREEDOMS, not to kill US
CITIZENS.
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"There
was an interruption in our ability to do work."
====
"Bailing
out investors who chose to take high-risk investments because they wanted the
high returns undermines capitalism and makes it an unfair game."
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It was not the pandemic that blew up our lives... It was the response
to the virus that did that. The
Times cannot construct a fake version of reality just to avoid responsibility
for what they’ve done.
====
American cities are burning, there’s a lethal pandemic and we’re in a
new Great Depression. Other than
that, everything’s fine...
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"My
hope is that they will come back."
====
There are bad apples on all sides –some bad apple protestors who loot and burn
and destroy. And some bad apple cops who engage in terrible acts of
violence... But there are
plenty of good apples on both sides too.
====
Do you believe in miracles?
I’m pantheist: I believe in moral without dogmas
....confounding media’s
effort to blame him for riots...
====
What about Bloomberg: the
financier of BIDEN, the saint of the fraud:
buying votes
"We
abhor violence of any kind..."
….
Believe or not.. BB are the masters
of violence to be explode when count-votes
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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
late-60s period was one of social & civil unrest, soaring government/budget
deficits, the end of globalization, rising yields & inflation after a long
period of calm, and ultimately, the start of stagflation. Just like now.
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SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO
..Focus on neoliberal expansion via wars & danger of WW3
- Largest Eruption in Yellowstone History
Covered Area the Size of New Jersey in Volcanic Glass It is now
understood that the rate of massive eruptions in Yellowstone has decreased
significantly, meaning that another eruption is unlikely in the near future.
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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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INFORMATION CLEARING HOUSE
Deep on the US political crisis: neofascism & internal
conflicts that favor WW3
Everywhere is War By Stanley L. Cohen
Black Misleaders Seek to End Protest By Margaret Kimberley
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CROSS TALK https://www.rt.com/shows/crosstalk/
Max and
Stacy look at Dr. Michael Hudson’s comments about the Fed acting like the
Statue of Liberty for wealthy people who have made bad bets that they would
like to have the central bank take off their hands. They also look at the
trickle-down looting which started from the policymakers working with the elite
to transfer industrial stock to China 20 years ago. Max talks to Caitlin Long
who is seeking a banking license for Avanti in the great state of Wyoming.
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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
Threatens Protests with Troops, But Police Have Already Been Militarized — With
Deadly Results
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