Nueva Democracia: NOV 27 20 ND SIT EC y POL

NOV 27 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

WAS WEDNESDAY A SUPER SPREADER EVENT, ONE BANK ASKS

Tighter restrictions and weaker activity could still dominate in the near term before the positive trends of vaccines and mass testing kick in across the globe as we go through Q1.

Wednesday was the busiest day at US airports since the pandemic began. The Transportation Security Administration screened more than 1.07 million people at US airports on Thanksgiving eve. For context this number was still down 41% on the same Wednesday last year.

If the US follows this pattern, tighter restrictions and weaker activity could still dominate in the near term before the positive trends of vaccines and mass testing kick in across the globe as we go through Q1.

See Chart:

TSA checkpoint US air travel numbers for 2020 and 2019

https://www.zerohedge.com/s3/files/inline-images/TSA%20air%20travel.jpg?itok=KuKMqUbz

….

SOURCE: https://www.zerohedge.com/markets/was-wednesday-super-spreader-event-one-bank-asks

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STOCKS GIVE THANKS FOR FED LIQUIDITY AS DOLLAR, GOLD, & BITCOIN DUMPED

Greed, Greed-er, and Greed-est...

by Tyler Durden

See Chart:

Fear & Greed Index

https://www.zerohedge.com/s3/files/inline-images/2020-11-27_8-40-06.jpg?itok=R_9xIczS

This level of extreme greed didn't end well last time.

Interestingly, as the week progressed, Nasdaq caught up with Small Caps early-week outperformance, stalling the 'rotation' trend. The Dow was the week's laggard but still managed solid gains...

See Chart:

https://www.zerohedge.com/s3/files/inline-images/2020-11-27_10-00-06.jpg?itok=4UcEpPcw

And the major US equity indices on track for their best month since 1987...

See Chart:

Dow Monthly Performance (%)

https://www.zerohedge.com/s3/files/inline-images/bfm194A_2.jpg?itok=EKE5VqNU

The Dow broke above 30k for the first time ever early in the week but was unable to maintain it...

See Chart:

https://www.zerohedge.com/s3/files/inline-images/2020-11-27_9-57-53.jpg?itok=NN1-Eysm

It's not the economy; it's central bank liquidity, stupid!

See Chart:

Global Liquidity Proxi: S&P vs. US Macro

And as we noted earlier, Tesla surpassed Berkshire Hathaway in market cap for the first time ever...

See Chart:

Market Cap vs Tesla >Berkshire

https://www.zerohedge.com/s3/files/inline-images/bfm1A75.jpg?itok=7oTqu5br

VIX flash-crashed intraday below 20 - its lowest since February...

See Chart:

https://www.zerohedge.com/s3/files/inline-images/2020-11-27_5-10-45_0.jpg?itok=K2PANCwD

Treasury yields fell today after rising into Thanksgiving. 30Y remains up around 5bps on the week, 2Y unch...

See Chart:

https://www.zerohedge.com/s3/files/inline-images/bfmC562.jpg?itok=WeWXWD5r

10Y yields rolled over at pre-election-spike levels (around 90bps) once again, shrugging off any vaccine growth hopes...

See Chart:

UST 10Y Yield

https://www.zerohedge.com/s3/files/inline-images/bfmA51B_0.jpg?itok=ovBQfyTF

The dollar tumbled for the 3rd week in the last 4, having plunged almost non-stop since the election...

See Chart:

Bloomberg Dollar Index

https://www.zerohedge.com/s3/files/inline-images/bfmCF65.jpg?itok=3tKNqnOz

...closing at its weakest vs its fiat peers since April 2018 (and unchanged since Jan 2015)...

See Chart:

Bloomberg Dollar Index

https://www.zerohedge.com/s3/files/inline-images/bfm47EC.jpg?itok=brY4CaA9

Gold and Silver were monkey hammered this morning (coinciding with a forceful flash-crash in VIX)..

See Chart:

https://www.zerohedge.com/s3/files/inline-images/2020-11-27_9-30-57.jpg?itok=1-HOeL7c

Gold is heading for its 3rd straight weekly decline, its 4th straight monthly drop and worst month since Nov 2016, breaking (and closing) below its 200DMA...

See Chart:

https://www.zerohedge.com/s3/files/inline-images/bfm4CD.jpg?itok=oU2rj_V7

Finally, some historical context from Michael Markowski. Two stock market sentiment anomalies have increased the probability of a correction near term.

The two anomalies are:

Thanksgiving Melt Up Anomaly. The average S&P 500 gain for 12 of the past 14 ten-day periods concluding November, was 3.5%. The only two exceptions, 2015 and 2018, were preceded by significant market corrections.
Bullish Sentiment Anomaly. Currently, there is a high probability for the S&P 500 to decline by 12.7%. Such would be from its recent 2020 high and would conclude by December 20, 2020. Based on the previous behavior, there is a 66% probability the S&P 500 could continue its decline in 2021.

The Thanksgiving Melt Up Anomaly is now driving the S&P 500 to a higher November all-time high.

The Bullish Sentiment Anomaly is the cause of a violent correction for the S&P 500 to begin in early December 2020.

The chart below depicts the four 45% to 59% Bullish sentiment readings which occurred near the all-time highs for the S&P 500. (2018 to November 13, 2020)

See Chart:

https://www.zerohedge.com/s3/files/inline-images/1-44.png?itok=l5c1wvTv

Within five weeks of the three prior Bullish Sentiment Anomalies occurring, the S&P 500 declined by a minimum of 9.7%. Two of the three total declines depicted in the table below were more than 100% greater than the five-week drops.

See Table:

S&P 500 five week & total decline after bullish sentiment Anomaly occurrences

https://www.zerohedge.com/s3/files/inline-images/2-15_0.png?itok=IZNevcEg

Trade accordingly

….

SOURCE: https://www.zerohedge.com/markets/stocks-give-thanks-fed-liquidity-dollar-gold-bitcoin-dumped

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US DOMESTIC POLITICS

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

PENNSYLVANIA APPEALS COURT TOSSES TRUMP LAWSUIT, SETTING STAGE FOR SUPREME COURT SHOWDOWN

"Ballots, not briefs, decide elections..."

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INFOGRAPHIC: THE 4-YEAR-LONG CAMPAIGN AGAINST TRUMP

The post-election push to pressure President Donald Trump to concede, despite numerous credible allegations of voter fraud and ongoing legal challenges, is not an isolated incident... It is the culmination of a four-year-long campaign against him

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"DARK WINTER" - MILLIONS OF AMERICANS ARE EXPECTED TO LOSE THEIR HOMES

Sh*t could hit the fan come Jan. 1.

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HERE IS WHO WILL GET THE COVID VACCINE FIRST ACCORDING TO GOLDMAN

Most major developed-market economies aren't expecting to make meaningful progress in inoculating their populations until later into the second half of Q2

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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

SHOTS FIRED: CHINA SLAPS "DISTRESSING" TARIFFS UP TO 212% ON AUSTRALIAN WINE

Australia has become a "one-trick pony export-wise to China"

allowing Beijing to hold all the cards...

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IRAN BLAMES ISRAEL, US FOR ASSASSINATION OF TOP NUCLEAR SCIENTIST

Senior Iranian nuclear scientist Mohsen Fakhrizadeh-Mahabadi, a high-profile figure in the country’s nuclear energy program, has been assassinated in Damavand, east of Tehran.

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ICONIC SHOPPING TRADITION DIES AS "BLASÉ FRIDAY" MEANS NO MORE STAMPEDES OR FRENZIED CROWDS

The sprinting, shoving, punching grab-fest that was the annual Friday midnight pilgrimage to your local mall, is no more.

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CHICAGO UNIVERSITY ECONOMIC THINKTANK POLL: FORGIVING STUDENT LOANS LIKELY A "NET-REGRESSIVE" IDEA

"Alongside my kids' student loans, I'd like the government to pay off my mortgage. If the latter idea shocks you, the first one should too..."

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LOCKDOWNS DESTROY WHAT MAKES US HUMAN

The social and communal aspects of human life, whether a holiday dinner with family, going to church, or even the mundane relations of everyday life are not mere luxuries that can be dispensed with, they are human life itself...

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THE PENTAGON HAS CLOSED TEN BASES IN AFGHANISTAN AMID HASTENED DRAW DOWN

Withdrawal details remain "murky" according to WaPo...

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WW3 AT PORTAS

IRAN ACCUSES ISRAEL OF SEEKING TO PROVOKE "FULL-BLOWN WAR" WITH BRAZEN ASSASSINATION

Top nuclear scientist's killing echoes previous assassinations by Israel, probably with a US assist...

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REVOLUTION AT PORTAS.. it could start in PORTLAND or in several States if planned

PORTLAND RIOTERS CAUSE THOUSANDS OF DOLLARS IN DAMAGE ON THANKSGIVING NIGHT

Vandals sprayed graffiti that said,

“[Expletive]” USA,” and “Eat [expletive] colonizers.”