Nueva Democracia: DEC 4 20 ND SIT EC y POL

DEC 4 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

STOCKS SOAR TO RECORD HIGHS AS DOLLAR DUMPS AFTER DISMAL DATA

Before we start, let's get one thing straight... the US economy is going south fast as the labor market nears its weakest of the year, retail is tumbling, and even 'soft' survey hope is rolling over... those are the 'sciency facts'...

See Chart:

https://www.zerohedge.com/s3/files/inline-images/bfmA2AD.jpg?itok=__6UARyd

But, as always, bad news is the best news as it merely forces the hands of our benevolent central planners to do more sooner... and so stocks soared...

See Chart:

https://www.zerohedge.com/s3/files/inline-images/2020-12-04_13-00-19.jpg?itok=tAtnOAaF

“It’s a weaker report than expected,” Jeffrey Rosenberg, BlackRock Inc. senior portfolio manager, said in an interview on Bloomberg Ratio and Television.

“The market reaction has been looking through this to the policy response. This week we have a lot of acceleration in terms of movement on that and this is the kind of news the market is interpreting as pushing them over the finish line.”

The early week relative strength of Nasdaq was erased as Small Caps ripped back to end the week...

See Chart:

Russell 200 vs Nasdaq 100

https://www.zerohedge.com/s3/files/inline-images/2020-12-04_12-22-55.jpg?itok=LmTL1g7g

It's a mad world alright...

And as the hope of moar free money soars, 'Most Shorted' stocks soared for the 5th week in a row as the short-squeeze is accelerating...

See Chart:

“Most shorted” stocks

https://www.zerohedge.com/s3/files/inline-images/bfm647B.jpg?itok=hLBhp7-H

Energy stocks soared on the week (thanks to a huge spike today), outperforming its peers once again as Utes lagged..

See Chart:

https://www.zerohedge.com/s3/files/inline-images/bfm9AAF.jpg?itok=hk9CdFZh

“The market is betting that we’ll get a relief package soon,” said Matt Maley, chief market strategist at Miller Tabak + Co. “If anything, this weaker report will get them to agree on a package sooner rather than later.”

And that is nowhere more evident than the collapse in demand for protection, with the Put-Call ratio plunged to a decade lows (the indicator’s five-day moving average has hit its lowest level in 20 years)...

See Chart:

Put /Call Ratio

https://www.zerohedge.com/s3/files/inline-images/2020-12-04%20%281%29.png?itok=778vMHoL

VIX TS: And as Bear Traps Report highlights, one of our Lehman 21 Systemic Risk Indicators, the spread between the 2 and 8 month VIX futures contract is back in negative territory.

See Chart:

VIX Term Structure (M2-M8) : Danger zone vs Rally zone

https://www.zerohedge.com/s3/files/inline-images/bfm61D0.jpg?itok=DDQJtGCc

This shows the volatility futures curve is back in its usual Contango state (back months higher than front months). Deep contango (under -2.50) means money managers don't feel the need to pay for upside vol in the near-term. For now, we remain in our 'danger zone'. Even with the put/call ratio at decade lows, managers are paying-up for near-term equity protection (2 months vol) relative to long-term protection.

The Virus Fear Trade signals that all 'fear' is almost gone, accelerating lower post-vaccine. Which is a little odd given that over 20 million Americans remain on unemployment benefits...

See Chart:

Virus Fear Trade

https://www.zerohedge.com/s3/files/inline-images/bfmFD63.jpg?itok=Il3YV5lZ

And as stocks rallied, credit spreads have collapsed to the point where the compensation for risk has been crushed to record lows...

See Chart:

https://www.zerohedge.com/s3/files/inline-images/2020-12-04_10-38-29.jpg?itok=6pbtQpdI

The bond market was battered this week with the long-end up over 16bps (2Y unch)...

See Chart:

https://www.zerohedge.com/s3/files/inline-images/bfmC944.jpg?itok=yLQjvjyH

With UST 10Y pushing to its highest yield (98.4bps) since March (but notably a key resistance level)...

See Chart:

https://www.zerohedge.com/s3/files/inline-images/bfmD89D_0.jpg?itok=zQgmYPNv

Remember, at 1.02%, all hell breaks loose in CTA-land.

UST 30Y Yields also reached up to significant resistance at 1.75% (election and vaccine spike highs) before rolling over today...

See Chart:

https://www.zerohedge.com/s3/files/inline-images/bfm3069_0.jpg?itok=j5Z4B8V0

And if the cyclical stock surge is to be believed, 10Y yields should be around 2.75%... which would break the world!

See Chart:

Cyclicals / Defensive vs UST 10Y Yield

https://www.zerohedge.com/s3/files/inline-images/bfm87F5.jpg?itok=8YOcf1bE

The yield curve (2s30s) steepened by the most since August this week, to its steepest since May 2017...

See Chart:

UST 2Y-30Y Yield Spread

https://www.zerohedge.com/s3/files/inline-images/bfmAFC1.jpg?itok=aTi_o3DD

The dollar continued its collapse this week (down 4 of the last 5 weeks)...

See Chart:

Bloomberg Dollar Index

https://www.zerohedge.com/s3/files/inline-images/bfm63F8.jpg?itok=UgprS7QH

As the euro soars...

See Chart:

EURO SD

https://www.zerohedge.com/s3/files/inline-images/bfm1C15.jpg?itok=WGaACnxv

The USD – Loonie- surged to its strongest since May 2018...

See Chart:

USD-CAD (ind)

https://www.zerohedge.com/s3/files/inline-images/bfm6F62.jpg?itok=ntCgOVPR

And offshore yuan is at its strongest since June 2018...

See Chart:

https://www.zerohedge.com/s3/files/inline-images/bfm47F1.jpg?itok=fjuDPy8f

Gold futs bounced back notably off intraweek lows, back above $1800 and its 200DMA (after 3 down weeks in a row)...

See Chart:

https://www.zerohedge.com/s3/files/inline-images/2020-12-04_12-17-52.jpg?itok=U4Z68W6o

And finally, by Yale professor Robert Shiller's cyclically adjusted price-to-earnings ratio, U.S. stock valuations are back above their peak seen in 1929, just before the Great Depression...

See Chart:

https://www.zerohedge.com/s3/files/inline-images/2020-12-04_10-16-08.jpg?itok=IsQ8nzcJ

And those who are hoping to find more greater fools to hand their 'winners' off to better hope for more and more deflation as multiples won't hold up well if the 'hopes' of inflation come to fruition...

See Chart:

https://www.zerohedge.com/s3/files/inline-images/2020-12-04.png?itok=1H7XOgLq

Be careful what you wish for!

….

SOURCE: https://www.zerohedge.com/markets/mega-tech-small-caps-surge-dollar-purge-accelerates

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GETTING READY FOR WW3:

Uranium is the basic element of WMD (missile-nuke) to kill people & glob-environment

URANIUM STOCKS SOAR: IS THIS THE BEGINNING OF THE NEXT ESG CRAZE

"If the mad-mob trading FCEL and other ESG names gets ahold of uranium... Watch out."

WW3-Biden involve: Uranium stocks soared on Friday after House and Senate lawmakers revealed a compromise version of the annual National Defense Authorization Act. According to S&P Global, the bill effectively provides for the military to continue a policy under President-elect Joe Biden that classifies the domestic supplies of certain minerals such as uranium, graphite and lithium as vital to national security.

Uranium companies such as CAMECO rose 9.7%, Uranium Energy +10%, Energy Fuels +17%, North Short GLobal Uranium Mining +6%.

See Chart:

Uranium Stocks

https://www.zerohedge.com/s3/files/inline-images/uranium%20stocks.jpg?itok=a9UP4zrT

A report predicts that "if the mad-mob trading FCEL and other ESG names gets ahold of uranium... Watch out."

As McDonald concludes "we find it more than bizarre that every commodity is ripping and uranium miners are dead in the water. Seasonally and politically, upside CCJ vol looks extremely cheap."

So besides a convenient way to profit from the wave of virtue-signaling sweeping passive investors (and, potentially, WORLD WAR III), here is why if uranium is indeed stirring to the upside it has a long way to go:

TO CONTINUE READING OPEN:

SOURCE: https://www.zerohedge.com/markets/uranium-stocks-soar-beginning-next-esg-craze

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THE PLOT AGAINST SMALL BUSINESSES

Authored by Ash Staub via HumanEvents.,com,

How pandemic policy has benefited the corporate elite...

If one were to consider the upward transfer of wealth and market share to Big Business since the start of the COVID-19 pandemic, one would think such economic changes were intended. After all, it’s no secret that the interests of politicians and the corporate elite align more often than not.

Roughly 100,000 small businesses have permanently closed due to COVID-19, while big-box retailers, tech giants, and pharmaceutical manufacturers have seen record profits.

America’s small businesses currently face an attack on all fronts.

First, there are the more visible policies (e.g., lockdowns, mask mandates, and social distancing requirements) that strongly discourage people from patronizing brick-and-mortar retailers and restaurants.

Second, the cost of complying with health and safety guidelines, and the corresponding fines if businesses don’t comply, have forced businesses to incur additional expenses while their revenue declines.

Lastly, there are ever-evolving COVID-19 employment regulations that disproportionately expose small businesses to lawsuits and the subsequent legal expenses and damages that may result.

THE EFFECTS OF COVID-19 LEGISLATION

The FFCRA, passed in March of this year, requires businesses to provide two weeks of paid sick leave for quarantined employees and/or employees experiencing COVID-19 related symptoms.

While the actual cost of paid leave is reimbursed through tax credits, there is no reimbursement for lost labor and productivity, and the subsequent disadvantage compared to large, FFCRA-exempt competitors. This is not to say that businesses should or should not provide these benefits—only to point out how this policy singles out and targets small businesses.

CONTINUE READING AT:

https://www.zerohedge.com/political/plot-against-small-businesses

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RELATED:

RESTAURANTS SLASHED JOBS LAST MONTH

It was the first monthly decline in the number of restaurant workers since April, suggesting that a renewed virus and state shutdowns of dine-in service are taking their toll.

See Chart:

Restaurants Slashed Jobs Last Month

https://www.zerohedge.com/s3/files/inline-images/restaurant%20jobs.jpg?itok=JPvQlZ58

It was the first monthly decline in the number of restaurant workers since April, suggesting that a renewed virus and state shutdowns of dine-in service are taking their toll.

Source: https://www.zerohedge.com/economics/restaurants-slashed-jobs-last-month

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ARGUING "GOLD VERSUS BITCOIN" IS F**KING STUPID!

With all due respect to the people arguing this one way or the other – many of whom are super intelligent. This argument is a self-defeating doom loop that can only be resolved via an act of faith...

The Toolkit

Let’s just step briefly through some of the items in the mindmap. We have metals on one side, cryptos on the other.

See Chart:

https://www.zerohedge.com/s3/files/inline-images/TheToolkit.png?itok=YLoNCnTt

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SOURCE: https://www.zerohedge.com/crypto/arguing-gold-versus-bitcoin-fking-stupid

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US DOMESTIC POLITICS

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

IN BIZARRE INTERVIEW, BIDEN JOKES HE WOULD 'FAKE ILLNESS AND RESIGN' OVER DISAGREEMENT

"Like I told Barack..."

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Dangerous time to play games with troops outside

NDAA SEEKS TO HALT TRUMP'S TROOP WITHDRAWALS FROM AFGHANISTAN & GERMANY

"Conveniently" happens every time...

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What about restricts to Comp who profit with vaccines without reliable efficacy-testing

CHIEF MEDICAL OFFICER SAYS CANADIANS WHO REFUSE VACCINE WON'T HAVE "FREEDOM TO MOVE AROUND"

"What may be mandatory is proof of... vaccination in order to have latitude and freedom to move around..."

….

When health system is privatized, a Nation have the right to suspect greed

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Why? Because I do care for my health & the health of others

WHY I MASK

I wear a mask because it's required in order to maintain an acceptable level of life... I expect that this is what residents of communist countries tell themselves as they submit to every new rule...

….

There is not ‘communist’ country on earth. There are socialists countries like China that mix capitalism with SOEs an quasi socialists like FDR regime in EU Cts

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THESE ARE THE HYPOCRITICAL GOVERNMENT OFFICIALS WHO DEMAND YOU STAY HOME WHILE THEY PARTY

...reminds me of The Hunger Games, in which people at the Capitol enjoy frivolous pastimes while peons in other Districts must spend their days doing menial jobs to provide for the wealthy, lest they be beaten or killed by 'Peacekeepers'...

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Not all but most afro-americans are poor & suffer police brutality. So BLM deal w covid

"THERE WILL ABSOLUTELY BE A BLACK MARKET" FOR COVID VACCINES, BIOETHICISTS WARN

They "want to prioritize essential workers to help ensure people of color, who are often the hardest hit by the virus, get early access..."

….

‘Early access’ doesn’t mean whatever Pfizer vaccine that now has the 2^nd round of vaccine production. The 1st round of vaccine was not well tested and not evidence of discarded & trashed (do they plan to use this in poor people?.. that would be lethal racism worse than Nazi practiced with Jewish people. Will Pfizer comp will use the 2^nd round vaccine sold to some UK people in US?. IF one single black dies after Pfizer vaccine, that will be a crime and they have the right to burn Pfizer stations in US, if the Supreme Court don’t take the case.

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Privatizing our politic-syst (big corp finance-party) is the worse FRAUD to US democracy

GOP RAISES 400% MORE THAN DEMOCRATS FOR GEORGIA RUNOFF

Big donors showing up...

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Unless they chare the money gave by big Corp to both parties .. Georgia will be another scam that will worsen the stupid division we have now. Nobody will trust any of both parties in the current duopoly system. This system is obsolete and the only solution is PEOPLE REVOLUTION starting with REFERENDUMs to depose both: Dems & Reps badly elected (less than 50% of the total electorate in every state across the nation). These REFERENDUMS will create a parallel political system against the current system. Separatism & new regional STATE will emerge. PEOPLES REV IS WHAT IS COMING IN USA

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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

AROUND THE WORLD IN TWO HOURS? CHINESE SCIENTISTS TEST "REVOLUTIONARY" HYPERSONIC ENGINE

"This research demonstrates the Sodramjet engine is a promising concept and can be operated stably with high thermal efficiency at hypersonic flow conditions."

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"QUANTUM SUPREMACY" - CHINA'S NEW SUPERCOMPUTER "10 BILLION TIMES FASTER" THAN GOOGLE'S

America is locked in a quantum computer race with China...

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HOW "HIGHLY SOPHISTICATED" CHINESE MONEY BROKERS LAUNDER MEXICAN DRUG CARTEL MONEY ON BURNER PHONES

"Routing cartel drug profits from the United States to China then on to Mexico with a few clicks of a burner phone and Chinese banking apps – and without the bulky cash ever crossing borders."

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Xenophobia went too far during Trump’ regime. It hard US business & Nation

"BEYOND REPAIR" - SINO-US RELATIONS BADLY DAMAGED, WARNS CHINA STATE MEDIA

"Even if the incoming administration has any intention of easing the tensions that have been sown, and continue being sown, some damage is simply beyond repair..."

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SPUTNIK News and RT SHOWS

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

- US Senate Passes Bill to Rename Houston Post Office After Slain Sikh Police Officer, Media Says

- Johnson Warned by Tories Against Caving to EU Pressure As Post-Brexit Trade Deal ‘Teeters’ on Brink

- Congress Leader Rahul Gandhi Accuses PM Modi of Misleading Farmers, Appeals for Public Support

- India Ready to Work With Any US President But Won't Tolerate Policy Being Dictated

- Trump's Lawyer Giuliani Says Michigan Court Orders Examination of 22 Voting Machines

- Germany Reports 23,318 New Coronavirus Cases

The United States, India and Brazil lead in terms of the number of registered coronavirus infections, while the largest number of COVID-19-related deaths has been observed in the United States, Brazil, India and Mexico, according to Johns Hopkins University.

- DoD Reportedly Prevented Biden Intelligence Transition Team From Meeting Fellow Military Officials

- At Least 18 Miners Dead by Carbon Monoxide Poisoning in Southwest China