Nueva Democracia: SEP 7 20 ND SIT EC y POL

SEP 7 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

SOFTBANK HAS CLOSED MOST OF ITS "NASDAQ WHALE" POSITIONS

"We spent $10 billion on public equities and have already sold $7 billion of them. We consider this "treasury operations" where we are buying very liquid operations to earn higher returns on our cash."

Following our Thursday report identifying SoftBank as the primary - but not only - catalyst behind the bizarre moves in high beta tech names and the broader market over the past several weeks (confirmed later by the FT and WSJ), an odyssey which we summarized in "Connecting The Dots: How SoftBank Made Billions Using The Biggest "Gamma Squeeze" In History" with subsequent reports that SoftBank, or the "NASDAQ WHALE" as some now call it was sitting on "unbooked" profits of about $4 billion, the market was quick to punish SoftBank (9984.JT) which dropped on Friday then tumbled another 7% on Monday despite what the company has been proud to frequently remind its investors was the second biggest buyback authorization after Apple.

SEE CHART:

https://www.zerohedge.com/s3/files/inline-images/softbank%209.7_0.jpg?itok=GF1m7fNN

There were two reasons cited for the drop: the first was the realization that "SoftBank’s behaviour as a company increasingly resembled that of a hedge fund, populated with former investment bankers with a massive appetite for risk."

The second reason is that "retail investors, which make up 30 per cent of SoftBank’s shareholder registry, reacted particularly negatively to the company’s latest shift in investment strategy."

Naoki Fujiwara, said retail investors “are worried the derivatives trades will lead to major losses again."

Which is understandable: while it is known that SoftBank has made a roughly 100% profit generating $4 billion in profits from the purchase of $4 billion in option premium, it was generally unknown if the bank can hold on to this profit, or in other words if it can book it before dealers move the market aggressively against SoftBank, potentially leading to all gains being wiped out and/or losses. Indeed, this is what theFT reported just this morning:

While SoftBank’s huge derivatives bet on selected US stocks has worked for now, leaving the Japanese group with large, albeit as yet unrealised, profits, a continued pullback in equity markets could erode returns.

And speaking of market whales, besides SoftBank there is also the Fed to consider, and as Larry McDonalds writes, "if the Fed had the chance to let some air out of the Nasdaq bubble without disrupting financial conditions (overall cost of capital), they would do it in a second." He then points out the chart below which shows a "highly unusual divergence" between Nasdaq vol and the broader Goldman overall financial conditions index, and which "speaks to the Nasdaq Whale's volatility juicing influence on the Nasdaq, without leaking over to credit markets" and as a result Powell is smiling.

See Chart:

Financial Conditions vs. Nasdaq VOL

https://www.zerohedge.com/s3/files/inline-images/fin%20conditions%20nasdaq%20vol.jpg?itok=u4nF17I6

And yet, McDonald believes that "the Fed is getting a bit nervous about the Whale's splash though, Nasdaq froth. The FOMC's reticence to hint at more QE candy combined with the mentions of macro-prudential financial stability and leverage - indicates they are worried" but not enough to overcome their fear of tightening financial conditions.

….

PREVENTING TRUMP REELECTION vs. PREVENTING WW3

Hugo Adan

9/7/2020

This is my reaction to the last part of the article

SOFTBANK HAS CLOSED MOST OF ITS "NASDAQ WHALE" POSITIONS

By Tyler Durden

https://www.zerohedge.com/markets/softbank-has-closed-most-its-nasdaq-whale-positions

“FINALLY, recall that it was last August when former NY president Bill Dudley wrote an Op-Ed urging the Fed TO CRASH THE MARKET TO PREVENT TRUMP RE-ELECTION. Well, if his message resonated with the FOMC, what better time to unveil a hawkish shock than at the Sept FOMC meeting in 9 days - the last one before the presidential election.

IF there is one thing that - in Bill Dudley's and Trump's view - could cripple his re-election chances, it is a market crash just weeks before Nov 3”.

MY COMMENT:

IF this Market Crash happens .. it will be at the beginning of October. How long it takes for the crash to show its effect to people at Nation level to undermined Trump reelection?

I guess Trump has to options: 1. Negotiate a deal to postpone the FOMC meeting so that it won’t interrupt the election process. 2. Declaring WAR to IRAN, with the chances of initiating WW3.

Iran yesterday said ‘don’t attack us because we have Nuke-missiles that can rich the US: IRAN: "AMERICAN SOIL IS NOW WITHIN RANGE OF IRANIAN BOMBS"

"Iran now has shown that it can target all American territory; the Iranian parliament had previously warned [the US] that an electromagnetic nuclear attack on the United States would likely kill 90 percent of Americans..."

Trump can use this threat as pretext to start WW3. The problem is RU-CH intervention (they are also targets of US war and our media is full of these assumptions) BUT..

RU-CH could use the attack to IRAN as an open declaration of war against their block and the start of WW3 that they could respond immediately by destroying the economy & military bases of OTAN key countries.

Besides, RU can use this attack to resolve geopolitical problems with neighboring countries either via Crimea style (People Referendum) or use a direct invasion as in WW2 against the Nazis. If so, RU will get two birds in one shoot: the issue OIL & the issue NATO. This one was the most dangerous.

OTAN a year ago send 48 Th soldiers to the borders of RU-CH with the plan of stealing the gold after the mega bomb to them. Those soldiers had special equipment to protect themselves from nuke radiation when they invade both countries. The COVID pandemic stop such attack, soldiers were infected & send back to their countries (they spray such infection in Europe ).

RU & CH has now the chance of destroying some NATO countries if US start the WW3 by attacking IRAN. I don’t thing Trump could control the PENTA mafia & stop WW3.

His only option is to control the FOMC meeting to avoid the market crash predicted by Bill Dudley. Trump regime can easily disassemble the issue market crash and win the reelection. The attack to Iran will only favor RU-CH.

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"NO RECOVERY IN SIGHT": CONTAINER VOLUMES AT THE PORT OF LOS ANGELES FLATLINE

Despite the effective containment of the outbreak in China, the global supply chain has not fully-recovered and global trade remains hampered by the resurgence of the virus in many countries, notably in some U.S. states.

If we look at the below chart, there is no V-shaped or U-shaped recoveries in sight for the shipping industry but rather a W-shaped recovery.

SEE CHART

https://www.zerohedge.com/s3/files/inline-images/port%20of%20LA%20containers.png?itok=y7RYZngo

….

SOURCE: https://www.zerohedge.com/economics/no-recovery-sight-container-volumes-port-los-angeles-flatline

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GOLDMAN WARNS OF "NEAR-TERM SETBACK" FOR STOCKS AS RECORD BULLISH NASDAQ SENTIMENT SUFFERS NEAR-RECORD SHOCK

but the flipside is that according to Goldman, this won't derail the bull market.

Goldman writes that the Nasdaq had one of the largest 2-day declines in the last 30 years after the SoftBank gamma trade was exposed.

SEE CHART

https://www.zerohedge.com/s3/files/inline-images/nasdaq%202%20day%20decline.jpg?itok=IAQbVshM

….

SOURCE:

https://www.zerohedge.com/markets/goldman-warns-near-term-setback-coming-record-bullish-nasdaq-sentiment-suffers-near-record

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NYC Commercial Real Estate Sales Plummet 54% To Lowest On Record

"We continue to see the devastating and long-lasting impacts the pandemic has had on the health and stability of the New York economy."

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PLATTS: 5 COMMODITY CHARTS TO WATCH THIS WEEK

California’s power market feels pressurefrom extreme high temperatures in this week’s selection of energy and commodities trends to watch. Plus, EU gas vs coal power generation,the link between crude oil and US inflation, and more.

See Chart:

https://www.zerohedge.com/s3/files/inline-images/GAP_20200907_CALISO_Peakload_Temperatures.jpg?itok=jjEmLoqM

….

See more Charts at:

SOURCE: https://www.zerohedge.com/commodities/platts-5-commodity-charts-watch-week-14

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US DOMESTIC POLITICS

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

She is American before-after wealthy. Saying Wealthy reveal intent of extortion her

WEALTHY 20-YEAR-OLD ARRESTED FOR ROLE IN BLACK LIVES MATTER RIOT THAT CAUSED $100,000 IN DAMAGE

She was demonstrating with groups calling themselves the “Revolutionary Abolitionist Movement” and the “New Afrikan Black Panther Party”. Her group carried signs saying "Death to America" and "Free All Prisoners".

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STOCKMAN SIDESTEPS 'SYSTEMIC RACISM', SAYS REAL EVIL IS "RELENTLESS AGGRANDIZEMENT OF STATE POWER"

Better that police did not spend 90% of their time on matters other than protecting the life and property of the citizenry; and in the process turning the Nanny State into an instrument of violence against citizens...

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Is Election Fraud coming or this is a false flag intended to postpone election?

SURVEILLANCE CAMERA CAPTURES 'HUGE PILE OF MAIL' DUMPED IN CALIFORNIA PARKING LOTS

"Inspectors will try to determine which post office — and specifically what route— the mail came from..."

….

Either way.. this is a bad sign preceding collapse of duopoly Sys + big violence. We urgently need new Elec syst with 50% pow to winner, 30% & 20% t 2^nd -3^rd Party. The amount of votes don’t count: governability & Peace do count.

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AT A TIME OF RAPIDLY CREEPING AUTHORITARIANISM, ASSANGE'S CASE IS MORE CRUCIAL THAN EVER

The depravity of the powerful can only operate behind veils of secrecy, because if it happened out in the open our greatly outnumbered rulers would risk finding themselves on the wrong end of a guillotine blade.

….

As I said before I may vote Trump in this election if he manage to get his freedom. It is a family decision that I will respected. I know that many progressive people & huge amount of those who now favor ABSTENTION will do the same. This is a Human Right issue that Trump should respected. It is a freedom of expression & a moral issue too. Here we will see Who is Trump.

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The best of this country was born with Fordism, NO with wars. Esto mata el US Econ

HOW DO TRUMP & BIDEN COMPARE ON SUPPORT FROM MILITARY?

Here are the stats on donations & polling as media runs with anonymously sourced story he called dead American troops “losers”...

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WATCH LIVE: TRUMP HOLDS LABOR DAY PRESS CONFERENCE TO DISCUSS JOBS, ECONOMY

"Jobs number, and the Economic comeback,

are looking GREAT. Happy Labor Day!"

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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 only one who profit from India-China conflict are US big Corp manufact weapons