Nueva Democracia: DEC 23 20 ND SIT EC y POL

DEC 23 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

TRUMPNADO SPARKS LATE-DAY LURCH LOWER IN STOCKS, DOLLAR DROPS ON DISMAL DATA

by Tyler Durden

Then with around 10 mins to go, the bottom fell out of the market...

Core Durable Goods miss, Personal Income and Spending miss and drop, UMich Sentiment miss and drop, total jobless claims remains above 20 million, and new home sales miss and drop... all sending hard and soft macro data plunging...

See Chart:

Soft data vs Hard Data

https://cms.zerohedge.com/s3/files/inline-images/bfmF382.jpg?itok=-SnAIlFu

But stocks were up because, hey, it's just a fleshwound... and stimulus...

And so, as all that hope evaporates, "investors" (used in the loosest way) bought Small Cap stocks with both hands and feet, while dumping big-tech at the cash open. Overnight saw stocks tank as Trump spoke on improvements to the COVID Lockdown Relief Bill, but dip-buyers just could not help themselves. Then with around 10 mins to go, the bottom fell out of the market as headlines on Trump's veto of the defense bill and various Republicans' response hit...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/2020-12-23_13-00-11.jpg?itok=1nXvYxxD

Semis were clubbed like a baby seal into the close...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/2020-12-23_13-03-03.jpg?itok=Z__L1UYq

Sending Russell 2000 to its highest relative to Nasdaq 100 since March...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm5FF0.jpg?itok=wpgQ0y8S

For 7 days straight, a short squeeze has been ignited at some point intraday...

See Chart:

“Most Shorted” Stocks

Bank stocks were bid...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm38FA.jpg?itok=SlxeHtwb

But energy stocks outperformed...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm6CE_0.jpg?itok=3PnZQJAh

VIX was monkeyhammered back below Quad-Witch levels...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/2020-12-23_12-44-27.jpg?itok=hWIctz73

Treasuries were dumped today with the long-end yield up around 5bps (and notably steepening). Afternoon gains sent yields back to unch on the week...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm7CA7.jpg?itok=7MzK941F

Notably though, 10Y and 30Y were held within their recent range and below election/vaccine spike highs...30Y reversed back below 1.70% for the 9th time...

See Chart:

UST 30Y Yield

https://cms.zerohedge.com/s3/files/inline-images/bfm5DC1_0.jpg?itok=8lDuSVsb

The Bloomberg dollar index drifted lower today but remains higher on the week...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfmAE9D.jpg?itok=XLTXij8Z

WTI ripped higher despite weak gasoline demand and mixed crude inventory data...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/2020-12-23_12-29-20.jpg?itok=Ym1UEPiQ

Gold/Silver found support at early September lows...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm8D5D_3.jpg?itok=3d_0-YWR

MEANWHILE, THERE'S NO INFLATION...

See Chart:

Bloomberg Commodity grains Index

https://cms.zerohedge.com/s3/files/inline-images/bfm2737.jpg?itok=e5PDvZZi

Finally, as real yields plummet back towards record lows, spot gold has some catching up to do...

See Chart:

10Y real Yield (inv) vs Spot gold

….

SOURCE: https://www.zerohedge.com/markets/small-caps-black-gold-pop-dollar-bonds-drop

----

2020 IS THE WORST YEAR FOR CONTRARIANS EVER

Bold contrarian predictions - made at boozy lunches or otherwise - can sometimes work out very well. The problem is, most of the time they don’t...

To track such a contrarian strategy, Rob Buckland regularly takes the top and bottom 10 performing stocks each year, and looks at how reversing them would have fared the next year — going “long” the 10 worst performers, and “short” the 10 best. This year was the worst on record:

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/2020-12-23_8-36-12.jpg?itok=sxWbBFfu

Meanwhile, weak global demand was bad for oil majors, and created growing difficulties for the cohesion of the OPEC oil cartel, which came to a head this year. Anyone who placed a long energy/short technology trade among stocks in the S&P 500 Index would as a result have been seriously aggrieved:

See Chart:

Contrary To Contrarians Long energy / Short Tech

https://cms.zerohedge.com/s3/files/inline-images/2020-12-23_8-40-00.jpg?itok=ikSbClwX

See more chats & comments at:

SOURCE: https://www.zerohedge.com/markets/2020-worst-year-contrarians-ever

----

US DOMESTIC POLITICS

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

Trump more pro-WW3 than ever= more dangerous to whole humanity

TRUMP VETOES DEFENSE AUTHORIZATION BILL, CALLS IT A "GIFT" TO CHINA AND RUSSIA

"I am returning, without my approval, H.R. 6395, the National Defense Authorization Act for Fiscal Year 2021,"

====

RICH MILLENNIALS PLOT THE END OF CIVILIZATION

Authored by Doug French via The Mises Institute,

"Modern civilization will not perish unless it does so

by its own act of self-destruction. "

====

THE LEGACY OF PRESIDENT DONALD TRUMP: TAIBBI

"He was America's tour guide on its loudest, most exhausting, and longest-ever journey in a circle."

====

SAN FRANCISCO: DRUG OVERDOSES HAVE KILLED FOUR TIMES MORE PEOPLE THAN COVID

..yet government still hands out free needles.

====

'MUTANT' CORONAVIRUS: SIX EXPERTS ANSWER YOUR QUESTIONS

"...it does not appear to be more virulent or cause more severe disease"

====

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

WITH BIDEN'S NEW THREATS, RUSSIA DISCOURSE MORE RECKLESS AND DANGEROUS THAN EVER: GREENWALD

The U.S. media demands inflammatory claims be accepted with no evidence, while hacking behavior routinely engaged in by the U.S. is depicted as aberrational.

====

CHINA TO "DE-RISK" BOTH MONETARY AND FISCAL POLICY IN 2021: SOCGEN

Fiscal policy in 2021 will be "still proactive, but less accommodative".

====

TRUMP TWEETS SURPRISE THREAT TO IRAN AFTER LATEST ATTACK ON BAGHDAD EMBASSY

"Some friendly health advice to Iran: If one American is killed, I will hold Iran responsible. Think it over."

====

SPUTNIK and RT SHOWS

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

- UK Officials Raise Alarm Over Potential Funding Cuts to Research on Deadly Diseases

- GOP Lawmakers Rally Behind Trump Ahead of Jan. 6 Electoral College Vote Certificat

- EU, UK to Continue Work on Trade Agreement at Night