Nueva Democracia: MAY 3- 2021 ND SIT EC y POL

MAY 3- 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

In US some ‘Economy’ is rising with more poverty for the working classes

CRYPTO & GOLD JUMP AS DOLLAR DUMPS, STOCKS & BONDS RISE

by Tyler Durden

Buffett & Munger 'inflation truths' and a stagflationary ISM print spark anti-fiat safe-haven bid...

Aside from a disappointing stagflationary miss on ISM Manufacturing (and Buffett and Munger musings on inflation), the big headlines of today are in crypto where altcoins are screaming higher...

It's really escalating:

Ethereum has literally exploded to record-er and record-er highs in the last few days, surpassing $3,000 yesterday for the first time and above $3,300 today...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfmCFDC.jpg?itok=uHJ84izz

Bitcoin is also on the rise but less so, hovering around $56k...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfmA7CE.jpg?itok=silG-_Pj

And as crypto rallies, the dollar resumes its decline...

See Chart:

Bloomberg Doller Index

https://cms.zerohedge.com/s3/files/inline-images/bfmDC2B.jpg?itok=DHZfyMyJ

Which has helped send gold prices back near $1800 as the double-bottom below $1700 seems to have held...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm13C4.jpg?itok=oyXs6_GZ

And silver surging up to $27

Small Caps and Big Cap Dow stocks were the day's biggest winners (but well off their highs by the close), S&P managed to hold some gains as Nasdaq lagged notably. The last hour or so saw notable selling pressure...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/2021-05-03_13-00-00.jpg?itok=UknwHi3n

Energy stocks outperformed, but Tech and Cons Disc ended red...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfmEEF0.jpg?itok=CLlx9d3L

Interestingly, given the Small Cap gains, "Most Shorted" stocks continued their recent slide

See Chart:

“Most Shorted’ stocks down

https://cms.zerohedge.com/s3/files/inline-images/bfm6BEC.jpg?itok=jSoPiOkW

Bonds were bid on the day (after some overnight weakness amid May Day holidays)...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm7BF7.jpg?itok=1OVsod3I

UST 10Y Yield dropped back below 1.60%...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm219E.jpg?itok=YKG3mc_z

Real yields pushed down to their lowest (most negative) since February, helping support gold...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm2629.jpg?itok=kIfCUFMg

Commodities continued their charge higher... more expensive every day

See Chart:

Bloomberg Commodity index

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

Finally, we're gonna need a bigger global central bank balance sheet...

See Chart:

S&P vs Global Central Bank Balance

https://cms.zerohedge.com/s3/files/inline-images/bfm4A3.jpg?itok=a_gP-Qgn

….

SOURCE: https://www.zerohedge.com/markets/crypto-gold-jump-dollar-dumps-stocks-bonds-rise

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BOFA: "TRANSITORY HYPERINFLATION AHEAD"

"On an absolute basis, [inflation] mentions skyrocketed to near record highs from 2011, pointing to at the very least, “transitory” hyper-inflation ahead."

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BIDEN: "ANYBODY MAKING LESS THAN $400,000 WILL NOT PAY A SINGLE PENNY IN TAXES"

Want to see "objective" fact checkers like Snopes, Politifact or Newsguard explode? Just send them this clip of whisper-mode Joe for a fact check...

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US LAUNCHING FIVE DIGITAL DOLLAR PILOT PROGRAMS

Over the next 12 months, a select group of Americans will have the "honor" of transacting with the next evolutionary US currency - the digital dollar.

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IS THE US ECONOMY A VIRTUAL REALITY?

...it seems wise to look at the seemingly great aggregate data with a gravely skeptical eye. We might be in the midst of the calm before the real storm hits...

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LIQUIDITY TSUNAMI ENDS WITH A BANG: TREASURY EXPECTS JUST $100BN IN CASH INJECTIONS NEXT 2 MONTHS

According to the Treasury, during the January – March 2021 quarter, Treasury borrowed $401 billion in privately-held net marketable debt - $126 billion more than the $274 billion originally forecast - and ended the quarter with a cash balance of $1.122 trillion, some $322 trillion more than the $800 billion it had forecast back in February (red arrow below), although as shown in the chart below, the actual TGA cash balance is indeed sliding fast, if not quite as fast as expected three months ago.

See Chart:

Treasury Cash Balance

https://cms.zerohedge.com/s3/files/inline-images/tsy%20cash%20balance%20may%203%20revision.jpg?itok=VUS7eiqr

According to the Treasury, the $126 billion increase in borrowing resulted primarily from the increase in the end-of-March cash balance somewhat offset by lower net expenditures.

So what does the Treasury expect will happen in the current and coming quarter? Here is the summary from the latest Sources and Uses

To continue reading OPEN:

SOURCE: https://www.zerohedge.com/markets/liquidity-tsunami-ends-bang-treasury-expects-just-100bn-cash-injection-over-next-2-months

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US DOMESTIC POLITICS

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

D'SOUZA: ABOLISH THE FBI

... forget about the Untouchables.

Today’s FBI has quite obviously been corrupted from the top...

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An old case of police brutality in the US:

OFFICER WHO SHOT ASHLI BABBITT ON JAN. 6 DIDN'T ISSUE WARNING FIRST: LAWYER

"They didn’t hear any kind of warning...the officer did not need to shoot and kill the lady."

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Nobody expect PEACE from the warmonger BIDEN but could happen if RU arms Iran BIDEN TELLS MOSSAD CHIEF US 'NOT CLOSE' TO DEAL WHILE IRAN SAYS SANCTIONS ABOUT TO BE LIFTED

Biden reportedly said "the US has a long way to go in talks with Iran"

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Still uncertain.

BIDEN HIKES REFUGEE ADMISSION CAP TO 62,500 AFTER OUTCRY FROM PROGRESSIVES

“Today, I am revising the United States’ annual refugee admissions cap to 62,500 for this fiscal year,”

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US-WORLD ISSUES (Geo Econ, Geo Pol & global Wars)

Global depression is on…China, RU, Iran search for State, D rest in limbo

We like China in trouble & hope division among Asians: stupid xenophonia

PHILIPPINES' TOP DIPLOMAT TELLS CHINA TO 'GET THE F*CK OUT' OF THEIR TERRITORY

The Phillipines' top diplomat, foreign minister Teodoro Locsin, demanded in a Monday tweet that China "GET THE FUCK OUT" of their territorial waters.

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PERUVIAN PRESIDENTIAL FRONT-RUNNER SAYS HE'LL SEIZE 70% OF PROFITS FROM OVERSEAS BUSINESSES

Peru's presidential front-runner Pedro Castillo has come out and said he would "seize foreign company profits," according to Bloomberg.

The candidate has said is going to review contracts with transnational companies "in an effort to increase onshore wealth"

….

It is clear that rightist in the US don’t like anti-imperialist candid-in-d backyard. “Enough of looting my people,” Pedro Castilo said in the debate ahead of the country's June 6 runoff. The rightist prefer d convicted-corrupt Keiko Fyjimori

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SPUTNIK : https://sputniknews.com/

- Herd Immunity Against COVID-19 in US Cannot Be Reached in Foreseeable Future

- Colombian Finance Minister Resigns After Tax Reform Cancellation

- Bill and Melinda Gates Announce Their Decision to 'End Marriage'

- First Cases of Infection With Indian CV Strain Registered in Morocco, Algeria

- Asian Woman Hospitalized After Hammer Attack in New York’s Times Square

- Seventeen Killed, Hundreds Injured During Nationwide Protests in Colombia

- Washington DC Bans Dancing at Weddings in Unusual New COVID-19 Crackdown

- UK’s Operations Against Daesh in Iraq, Syria on F-35B Lightning Jets

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MAY3- 2021 ND SIT EC y POL SPANISH ++