Nueva Democracia: FEB 8- 2021 ND SIT EC y POL

FEB 8- 2021 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

WITH ECONOMY SET TO OVERHEAT, GOLDMAN BRINGS FORWARD FIRST RATE HIKE ESTIMATE

by Tyler Durden

"We have brought forward our forecast for the first rate hike from the second half of 2024 to the first half. We expect the FOMC to start tapering its asset purchases in early 2022."

How quickly things change.

Just nine short months ago, in May 2020, the market did something it had never done before: it pushed Fed Fund futures for January 2021 negative, meaning that last spring bond traders were betting that sometime around today, overnight rates in the US would be negative as the US economy entered the final stretch of its Japanification implosion.

See Chart:

Fed Funds Implied rates

https://cms.zerohedge.com/s3/files/inline-images/fed%20funds%20implied_1.jpg?itok=yG-Dc5oi

Since then things haven't quite worked out as expected, with long rates rising sharply and the 30Y today briefly breaching 2% for the first time since February 2020, on the back of surging breakeven rate, which rose by 1bp point to touch 2.21%, eclipsing a 2018 high of 2.2078%, and rising to the highest level since 2014 as markets increasingly price in far higher inflation over the next decade.

See Chart:

Breakeven, Real & Nominal 10Y rates

https://cms.zerohedge.com/s3/files/inline-images/BEs%20feb%208%202021.jpg?itok=nUqMilcC

And while the market would love to have its bubble-blowing zero-interest rate cake and eat it too for the next several years - as the Fed refuses to hike rates for the foreseeable future now that it is prepared to let the economy "run hot" indefinitely - that is unlikely to be the case especially with BMO calculating that just the surging price of commodities is already tantamount to a 4% headline inflation.

See Chart:

Bloomberg Commodity Spot Index

https://cms.zerohedge.com/s3/files/inline-images/bbg%20commodity%20spot%20index_1.jpg?itok=GLUr-cox

I guess we saw these charts yesterday, if you want to see it again OPEN:

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SOURCE: https://www.zerohedge.com/markets/scorching-economy-set-overheat-goldman-brings-forward-first-rate-hike-estimate

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WILL SURGING 10Y YIELDS CRASH STOCKS: A Q&A FROM GOLDMAN

by Tyler Durden

"With the nominal 10-year US Treasury yield back above 1%, investors have been focused on the risk to US equities from higher interest rates."

See Chart:

Equities typically struggle when rate rise by 2+ stand deviation in a month

https://cms.zerohedge.com/s3/files/inline-images/yield%20spike%20impact%20on%20stocks.jpg?itok=ry35buw7

Gradually over the past few weeks, as yields have risen, TINA has mutated into TIAN - there is an alternative - in the form of 10Y yields, and the higher rates rise, the more attractive said alternative becomes when compared to the relentless decline in the dividend yield of the S&P500 which just hit an all time low.

S&P Divi Yield vs UST 10 Y Yield

The recent rise in yields is also why overnight Goldman, in response to mounting client worries that a spike in yields could end the market euphoria, published a Q&A on "rates and equities", in which the bank wrote that "with the nominal 10-year US Treasury yield back above 1%, investors have been focused on the risk to US equities from higher interest rates."

In the report, Goldman's Ryan Hammond answered eight of the most common questions on the relationship between rates and equities, which we excerpt below:

How has the recent rise in interest rates affected US equities?
How vulnerable is the equity market to higher interest rates?
Is there a “tipping point” between rates and equities?
Which industries are the biggest beneficiaries from rising rates and which aremost at risk?
Which styles are the biggest beneficiaries from rising rates and which are most atrisk?
What is the impact of rates on “big tech” (e.g., FAAMG)?
What is your baseline forecast for rates and equities 2021?
What can the taper tantrum of 2013 teach us about the market in 2021?

To unpack each of these questions OPEN:

SOURCE: https://www.zerohedge.com/markets/will-surging-10y-yields-crash-stocks-qa-goldman

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BITCOIN, BONDS, BULLION, BIOTECH, & BIG-SHORTS BID AS BUCK BREAKS-DOWN

by Tyler Durden

...this melt-up in everything thanks to trillions in "mind boggling" liquidity sloshing into 'markets'...

Well the big headline for the day is likely to be bitcoin

...and its spike to new record highs on the heels of Tesla's disclosure...

See Chart:

Bitcoin

https://cms.zerohedge.com/s3/files/inline-images/bfmCEEF_0.jpg?itok=1Zs0sBIo

TSLA vs MSTR indexed 1-year return. The question is not which company will buy bitcoin next. It's which company won't

See Chart:

TSLA vs MSTR

https://twitter.com/zerohedge/status/1358883841604263946?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1358883841604263946%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fmarkets%2Fbitcoin-bonds-bullion-biotech-big-shorts-bid-dollar-skids

CONTINUE READING AT:

SOURCE: https://www.zerohedge.com/markets/bitcoin-bonds-bullion-biotech-big-shorts-bid-dollar-skids

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WHY BIG OIL ISN'T WORRIED ABOUT BIDEN’S EXECUTIVE ORDERS

...what Biden can’t do by executive order is an overall ban on fracking, because most fracking takes place on private land. A complete ban would have to be passed by Congress, and that looks like a longshot.

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A BEARISH MICHAEL WILSON CAPITULATES, SAYS MARKET CORRECTION IS NOW OVER

"Retail is the marginal buyer and that's probably going to persist."

See Video:

https://twitter.com/i/status/1358756824573501441

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"THE HERD IS COMING": NOVOGRATZ SEES BITCOIN AT $100,000 AS "EVERY COMPANY" BUYS IT

"Young people are buying into the future, and they see cryptocurrencies -- Bitcoin and other currencies -- as their currencies."

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US DOMESTIC POLITICS

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

RON PAUL SLAMS THE TRUMP POLITICAL SHOW TRIAL

It does raise the question: what are they afraid of? They called their impeachment a victory for democracy, BUT ISN’T PREVENTING TRUMP FROM RUNNING AGAIN A SUBVERSION OF DEMOCRACY?

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Even if they manage to cancel democracy now.. a real new fight will start against Dems and they have not chances of winning. You will see it

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False: The true is that COVID-19 ARRIVE TO ITS END

VACCINES OR NOT, SCIENTISTS NOW BELIEVE COVID IS HERE TO STAY

Ease of transmission, new strains, and limits of vaccination programs all mean Covid-19 will be around for years - and a big business...

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READ THIS:

Hallan 'el talón de Aquiles' del CV-19 en un anticuerpo clave en infección de 2003 https://actualidad.rt.com/actualidad/382783-hallan-talon-aquiles-coronavirus-anticuerpo

My comment:

Ya era hora de parar la farsa que hizo billonarios a empresas estafadoras del US-UK

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Yesterday a Police treat brutally a lady driving with not mask. Now we know this:

THOUSANDS OF MASKLESS BUCCANEER FANS CELEBRATE SUPER BOWL WIN

"You're really putting yourself and your family in danger."

….

FACT 1- police brutality put the family (kids waiting) of the lady in danger

FACT 2- Two doctors said mask could cause cancer, it should be used only in closed environments (meeting with people close to you).

FACT 3- The solution for COVID-19 (‘el talon de Aquiles’) is been work by Chinese and RU Labs and soon the whole pandemia will be eradicated. In less than 3 months we will have the new vaccine free of charge. The only thing difficult to eradicate are the profiteers of pandemia (they pay the press) and the police brutality with blacks & women. This will take more time to defeat.

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We don’t need the monster Pelosi (real instigator of polit-fights) to solve Child foot

DEMOCRATS TO UNVEIL $3,000 CHILD BENEFIT ON MONDAY

"This money is going to be the difference in a roof over someone's head or food on their table..."

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GOVERNMENT FAIL: "WE'VE TURNED TEENS INTO LOCKDOWN LAB RATS"

The verdict is clear: the imposition of lockdowns and social distancing has been fatal for society, creating a slow motion mental health explosion that could last for decades...

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IF hermaphrodites this is a nasty discrimination: their right is to protect her sex/gender

MONTANA AIMS TO "SAVE WOMEN'S SPORTS" FROM BIDEN'S EXECUTIVE ORDER

Montana lawmakers are considering a bill that would bar biological males from competing in female sports... Several other states have proposed similar legislation. [ We don’t have to follow troglodytes Laws ]

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Criminal case: here one more reason to put current system down

US COURTS 'CLOGGED UP' WITH EVICTION CASES AS ACTIVIST GROUPS FIGHT BACK

"...you are making people homeless! You are killing people!"

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If you want radical change, you have to fight for it. Meaning: REV is the solution

"A STRANGE GAME"

"You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete..."

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Duopoly system is obsolete: we need a third party.. the socialist one

MAJORITY OF GOP VOTERS WOULD JOIN A NEW TRUMP-LED POLITICAL PARTY, POLL SHOWS

"...polling suggests he might well create the second largest political party in the country, knocking the GOP down to third place..."