JUN 16 2021 ND SIT EC y POL PART 1
ND denounce-neoliberal debacle y propone State-Social + Capit-compet in Eco
ZERO HEDGE ECONOMICS
Neoliberal globalization is over. Financiers know it, they documented with graphics
Inflation is not transitory, it comes to stay. It is part of Keynesian Econ we use
FED BLINKS: PROJECTS 2 RATE HIKES BY END OF 2023
by Tyler Durden
Guess that inflation was transitory after all...
Since the April 28th FOMC meeting, gold is the strong outperformer while the dollar is unchanged?. Bonds and stocks are up about the same (1.5-2%)... [this is transitory]
See Chart:
FOMC
https://cms.zerohedge.com/s3/files/inline-images/bfmB68E.jpg?itok=2t0QDPp9
At the March meeting, only 4 FOMC members saw a rate hike in 2022...
See Chart:
Implied FED Funds target rate
https://cms.zerohedge.com/s3/files/inline-images/bfm2981.jpg?itok=bEH3ghoP
The market is about 50-50 in its guess for a 2022 rate-hike (notably less than at the last April 28th FOMC meeting)...
See Chart:
Market- implied Fed Funds Dec 2022: rate hike
https://cms.zerohedge.com/s3/files/inline-images/bfm1B84.jpg?itok=YCIvD_5K
So what will The Fed do?
The big question is the 2023 Fed Funds dot plot (and whether it will be adjusted enough to shift the median expectation to a rate-hike).
The other thing to focus on - frankly ignoring the words of the statement - is whether the 2023 PCE projection is increased from March's 2.1% forecast, which could spook the market's faith in The Fed's view that the inflation spike is transitory.
And what will Powell say about the stagflationary onset that is cornering him?
See Chart:
Stagflation
https://cms.zerohedge.com/s3/files/inline-images/bfm4EF6.jpg?itok=rM3GFAoB
We do note that stocks were at the lows of the day ahead of the statement...
See Chart:
https://cms.zerohedge.com/s3/files/inline-images/2021-06-16_10-52-40.jpg?itok=m0vxi9eV
And here's what happened:
The Fed keeps benchmark rates and the pace of bond-buying unchanged but the biggest shift is a hawkish tilt to its rate forecasts as Fed median projections show 2 rate-hikes by end-2023 and 7 FOMC members see a hike in 2022...
See Chart:
Implied Fed Funds Target rate
https://cms.zerohedge.com/s3/files/inline-images/bfm6C9E.jpg?itok=o2YFqG5J
Another way of seeing the critical difference in the dot plot between March and today: from 0 median rate hike IN 2023 to two! Guess that inflation was transitory after all...
See Chart:
March dots vs June dots: two rate hikes down
https://cms.zerohedge.com/s3/files/inline-images/june%20dots%202%20hikes.jpg?itok=Lgg4cHaf
[Comment: In keynessian Eon a steady rate of inflation (a general increase of prices) is needed for a growing econ. Low inflation discourages borrowing and spending and encourages sitting on cash -problem that we have now-. Since the biggest econ probl is the overall lack of demand, a steady rate of inflation is need to avoid the collapse of the Econ. Is d probl that we have now. BUT, inflation is ruining the poor and middle classes and only favor the pro-greed speculators and privatization against the Public interest (case of terrorist traffic with CV vaccine). Besides: Inflation and war mongers work hand on hand, we saw it in the recent G-7 meeting.. that didn’t address the main issue : dismantle nukes worldwide. This was a sign of US-RU theater IN G-7).
….
Any way. This article from Tyler Durden is very interesting and you should read at:
SOURCE: https://www.zerohedge.com/economics/fed-blinks
----
----
US DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption.
"WHAT THE HELL?!" BIDEN LOSES IT AFTER CNN REPORTER SHOUTS PUTIN QUESTION
And just like that, the Putin-Biden summit ends in an unexpected "lying dog-faced pony soldier" moment...
====
TAIBBI: HAS THE MEDIA'S RUSSIAGATE RECKONING FINALLY BEGUN?
"...everyone in the industry knows its secret - that the big money is made not by exposing the truth but by papering it over..."
====
AMERICANS ARE INCREASINGLY "FLEEING" CALIFORNIA AND NEW YORK FOR FLORIDA AND TEXAS: STUDY
"With Texas’ warm climate and low taxes it’s not surprising ..."
In major cities like Los Angeles, San Francisco, Philadelphia, New York City, and Chicago, shootings and homicides saw upticks in 2020 and during the first six months of 2021.
See Map:
https://cms.zerohedge.com/s3/files/inline-images/2021-06-16_7-26-35.jpg?itok=QMsrBzlE
Continue reading at:
----
Trump is flying with own opium dreams. He lost control of his mind
TRUMP WANTED SUPREME COURT TO ORDER NEW ELECTION IN KEY SWING STATES, EMAILS SHOW
"The 2020 Presidential Election is, in my mind, the Crime of the Century."
====
“The good things that are happening in Florida don’t just happen... If they did, those good things would be happening in Seattle and Portland..."
====
Fake comparison based on fake assumpts. Fact is: some Billons don’t pay fair taxes
NO, YOU ARE NOT PAYING A HIGHER RELEVANT TAX RATE THAN BILLIONAIRES
Allegations that higher income earners don’t pay their “fair share” of taxes are a mainstay misrepresentation of the political left. When the facts say otherwise, they simply twist the facts and ignore more serious studies
====
Another fact is that cryptos were used to evade taxes
3 COMMON CRITICISMS OF CRYPTO... AND WHY THEY'RE WRONG
...wrong about its scarcity and its ability to hedge inflation, but the largest mistake is the guiding principle: that Bitcoin (unlike gold) has no fundamental value...
====
MANY US CITIES ARE STARTING TO RESEMBLE POST-APOCALYPTIC CESSPOOLS AS AMERICA'S COLLAPSE ACCELERATES
By Michael Snyder via The Economic Collapse blog,
Unfortunately, this is just the beginning..
For a moment, I would like you to take an imaginary tour of a major U.S. city with me, and I would like for you to try to guess which city I am talking about.
NO CHARTS SHOWING FACTS: read it any way by focusing on imaginary dialectic logic
====
US-WORLD ISSUES (Geo Econ, Geo Pol & global Wars)
Global depression is on…China, RU, Iran search for State socialis, D rest in limbo
IAEA CHIEF SAYS NUCLEAR DEAL WILL HAVE TO WAIT FOR NEW IRANIAN PRESIDENT
Rouhani has been heralding the "imminent" positive conclusion of Vienna talks
====
American guess on Iranians use to wrong: try this
AS IRANIANS HEAD TO POLLS FRIDAY, MEET THE HARDLINER LIKELY TO SUCCEED ROUHANI
"...steeped in its conservative roots and directly linked to some of the darkest chapters of its history."
====
The major financial hub has gone from from packed streets to silence..
====
SPUTNIK NEWS : https://sputniknews.com/
- Despite Low Expectations, Kremlin Calls Outcomes of Putin-Biden Summit 'Rather Positive'
- South Carolina Supreme Court Halts Executions Until Firing Squad Proced Finalised
- Texans Can Soon Tote Handguns Without a License as Gov. Greg Abbott Signs 'Permitless Carry' Bill
- Putin and Biden Meet in Geneva; EU Chills on China Hostility; Pedro Castillo Celebrates Victory Castillo won election in fear contest & the lady Fujimory should be put back in jail for creating political chaos in Peru. The Nation need Castillo to implement the 2 trasatlantic projects with BRA to unite all South America.
- Post Summit: Putin Comes Out Looking Strong, and Biden Looks Confused
- Russia Expects to Start Talks With US on Arms Control Within Weeks, Deputy Foreign Minister Says
- Despite Low Expectations, Kremlin Calls Outcomes of Putin-Biden Summit 'Rather Positive'
====
====
See PART 2 FOR :
JUN 16 2021 ND SIT EC y POL SPANISH ++
====
====
No hay comentarios:
Publicar un comentario