sábado, 12 de diciembre de 2020

DEC 13 20 ND SIT EC y POL

DEC 13 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

 

 EARNINGS GROWTH WILL DISAPPOINT IN 2021

The risk of disappointment is high. And so are the costs of being “wilfully blind” to the risks...

Authored by Lance Roberts via RealInvestmentAdvice.com,

It’s that time of year when Wall Street analysts started trotting out the predictions for earnings growth and stock market targets for the coming year. Unfortunately, each year these overly optimistic estimates are ground down as the year progresses. Next year will be no different as earnings growth will disappoint in 2021.

Without economic growth, corporate profits will remain elusive.

Stock Buybacks Likely Not Coming

Over the last several years, the stock market has surged higher as companies beat “earnings estimates” despite the lack of actual profits growth. As shown, corporate profitability, pre-pandemic had not grown since 2014 despite a surge in asset prices.

See Chat:

S&P 500 vs Corporate Profits after Tax

https://cms.zerohedge.com/s3/files/inline-images/SP500-Profits-Price-111020%20(2).png?itok=O0-NPGw0

 

See more  Charts at:

SOURCE:  https://www.zerohedge.com/markets/earnings-growth-will-disappoint-2021

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FED FLOUNDERING IS PUNISHING THE YOUNG, THE POOR, & THE RETIRED

Authored by Chris Hamilton via Econimica blog,

Regarding the Federal Reserve set Fed Funds rate, Federal Reserve purchased assets, and the debt these policies incentive (I'll focus on federal debt, but the same is true for corporations, individuals).

25 TO 54 YEAR OLD POPULATION / EMPLOYEES

25 to 54 year old population (blue line) vs. those employed among them (green line), Fed Funds Rate % (dashed black line), Federal Reserve assets (yellow line), and US federal government marketable Treasury debt (red shaded area).

1- Population growth decelerates into and through 2007...and entirely ceases thereafter.

2- 25 to 54 year old employment growth ends as of 2000, and has been essentially flat-lining for twenty years.

3- Fed funds rate essentially moves inverse the population/employment rate of growth...rising as rate of growth accelerated and falling as growth decelerated...and then turned ZIRP as population/employment ceased growth.

4- From 1981, as population/employment growth decelerated, the Fed Funds Rate was consistently cut to encourage the substitution of debt for the decelerating growth.

But since 2007, as population/employment growth no longer existed, ZIRP plus QE were abused to encourage the explosion of unrepayable debt...and debt that can only be serviced at ZIRP or more likely NIRP.

See Chat:

https://cms.zerohedge.com/s3/files/inline-images/image%20(6)_0.png?itok=I41rVjGQ

 

By simply dividing the employed vs. the population of the age group, we can see clearly where "full employment" lies.  As of 1989, full employment has occurred just over 80%...but to achieve the Fed's full employment mandate, it has taken exponentially lower rates and higher debt to fulfill that mandate.

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/image%20(7).png?itok=xvJMOKVM

 

The male vs. female participation (again, population vs. employed among them) explains why the total participation rate rose to 1989 and then has subsequently flatlined since. Female participation nearly doubled from 1960 to the peak of 2000...and since has risen no further.  All while male participation continually declines.

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/image%20(8).png?itok=gYghPGcG

….

Continue reading at:

SOURCE: https://www.zerohedge.com/economics/fed-floundering-punishing-young-poor-retired

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IF YOU THOUGHT 2020 WAS BAD, WATCH WHAT HAPPENS IN 2021

Distractions abound, and the reset agenda looms, but I don’t see the globalists coming out of this unscathed. Too many people now know who they are and what they are up to...

Authored by Brandon Smith and originally published at Birch Gold Group,

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2020 IS ENDING WITH 93% OF GLOBAL ECONOMIES CONTRACTING... AND WITH MARKETS AT ALL TIME HIGHS

Non-financial corporates (NFCs) in the largest economies have increased debt to build up cash buffers in this crisis (Chart 11). This is a striking difference with the Global Financial Crisis (GFC) in '08/'09, when NFCs, especially in the Euro Area, focused on debt reduction.

See chart:

https://cms.zerohedge.com/s3/files/inline-images/global%20leverage%2012.12.jpg?itok=ozMMQc3c

 

There is a glaringly obvious reason why the piper will have to paid for the euphoria of 2020, and that's the ugliest four letter-word of them all: "DEBT."

For now this unprecedented debt tsunami is not an issue, but the moment inflation does pick up in earnest and the selling of duration (and by implication the ultra-high duration "growth" stocks which have led the S&P for the past decade...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/Minack%20FAANM_1.png?itok=B08cWgV5

 

Continue reading and se more interesting charts at:

SOURCE:  https://www.zerohedge.com/markets/2020-ending-93-global-economies-contracting-and-markets-all-time-highs

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THE PROBABILITY OF STAGFLATION IS RISING 

...a modest negative input for risk assets heading into the winter months. When combined with “crazy speculative” activity in the options market, excess risk taking at this juncture may not yield the desired result.

As the reader can see in the first chart below, core CPI rose only 0.2% MoM and is up just 1.6% YoY (i.e. not strong).

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/pic1-1_1.jpg?itok=bgBWR8BW

 

In contrast, both 2-year breakeven inflation expectations as priced by the Treasury bond market (an excellent real time measure of inflation) and ISM manufacturing prices are rising strongly and are at multi-year highs.

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/pic2-1_2.jpg?itok=GmFMvtSV

 

The problem as I see it is not so much that inflation data seem to be gaining steam (outside of the CPI!). Rather, it’s that the employment situation is weakening at the same time. Economists have a word for this: stagflation.

As the reader may observe in the next chart, inflation expectations are rising at the same time initial unemployment claims also seem to be turning higher.

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/pic4-1_1.jpg?itok=ZiT1M7-z

 

CONTINUE READING & SEE MORE CHARTS AT:

SOURCE:  https://www.zerohedge.com/markets/probability-stagflation-rising

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US  DOMESTIC POLITICS

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

 

The best from Trump to save his image on Human Rights: PARDON JULIAN ASSANGE. Then many people will support Trump’ demands on electoral fraud. My opin included. Besides, the crucifixion of Assange was not Reps policy. It comes from Obama-Biden

"HILLARY HATES HIM & BIDEN CALLS HIM A TERRORIST" - AUSSIE MP URGES TRUMP TO PARDON ASSANGE 

"poke the deep state in the eye"

Mr Biden: killing innocent people is not terrorism, is the reverse: Humanism

Julian ASSANGE is a symbol of HUMANISM world-wide

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FOR THE FIRST TIME EVER, MILLIONS OF WORKING-POOR AMERICANS FORCED TO TURN TO FOOD BANKS   

Feeding America found that 1 in 5 residents in Mississippi, Arkansas, Alabama, and Louisiana could not put food on the table...

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Opium dreams on Georgia.. re-counted 100 times & every time Biden won ++

NEWT GINGRICH ON GEORGIA RUNOFF: "WE NEED TO WIN BY A BIGGER MARGIN THAN THE LEFT CAN STEAL" 

“If you’re a conservative, you have to vote... These two runoffs... have the potential to change the whole direction of the country..."

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THE VIRAL ASSAULT ON SMALL BUSINESSES 

By and large, corporations, having interests aligned with politicians, are considered essential.  Small businesses aren’t.  Walmart lives.  Dick’s barbershop dies.  McDonald’s survives.  Tito’s Tacos doesn’t...

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"THIS IS INSANE": NYC SMALL BUSINESSES FURIOUS AT INDOOR DINING BAN AFTER DATA SHOWS RESTAURANTS ACCOUNT FOR ONLY 1.4% OF COVID CASES 

Restaurants and bars accounted for 1.4 percent COVID-19 cases recorded in the last three months, prompting some restaurateurs to push back against the ban.

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'UNHINGED' DEM REP. URGES PELOSI TO BLOCK 126 REPUBLICANS FROM CONGRESS FOR SUPPORTING "INSURRECTION OR REBELLION" 

...previously denounced Pascrell for his "dangerous form of demagoguery"... This latest call shows the demagoguery has reached a level of utter delusion...

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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

 

We don’t need PF vaccine in the US either. It will create many deaths. a genocide

NO NEED FOR VACCINE THIS YEAR: AUSTRALIA'S CHIEF MEDICAL OFFICER 

“We don’t need any vaccine this year,” Kelly told reporters in Canberra on Saturday. “Other countries are in far different state than us and they should be prioritised.”

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No to Pfizer vaccine. If we have choices like in BR-ISR and other places we will select either RU or China vaccine very well tested before manufacturing. The 1st round of PF vaccines were not well tested -no sign they trashed- they may be selling this poison. They should be jailed for every person they kill.   

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LATEST ON CV vaccine in US & worldwide:

CALIFORNIA, NJ REPORT NEW COVID RECORDS; PERU HALTS SINOPHARM TRIAL: LIVE UPDATES 

As we head into mid-December, the typical holiday lull is being punctuated this year by the worsening coronavirus pandemic in the US.

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The news on Peru has been distorted here: there is not such number of deaths. There only one single case, still under investigation.

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SPUTNIK and RT SHOWS

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

 

- Mystery Prevails as Australia’s First Monolith, Engraved With Trump Tower 'Coordinates', Vanishes

- Afghan Security Forces Kill Over 60 Taliban Militants in Kandahar

- Brexit: Johnson, Von der Leyen Set to Continue Talks as Rumours Swirl of 80% Chance of Failure

- As COVID-19 Cases in Gaza Continue to Rise, Local Doctor Says Disaster is Just a Matter of Time

- One Person Shot During Olympia Capitol Campus Protests, Wash State Patrol Says

- At Least Four Stabbed During Riots in Washington, DC at Million MAGA March

- Venezuelan Villagers Try to Explain Treasures Found on the Beach

- Pelosi Demands Resignation of VA Secretary Wilkie Over Trying to Discredit Sex Assault Accusations

- Trump Supporters and Counter-Protesters Engage in Violent Clashes Near White House

- Clashes Occur Between Trump Fans, Opponents at BLM Plaza

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