Nueva Democracia: JUN 18 2021 ND SIT EC y POL Part 1

JUN 18 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

BOFA: THE FED FINALLY CONCEDED THAT $4BN IN DAILY ASSET PURCHASES DOES NOT REDUCE SOCIAL INEQUALITY

by Tyler Durden

And here are the 4 conditions for a Q3 crash...

In Hartnett's post-mortem, the BofA strategist writes that the Fed "flipped from dovish to hawkish" conceding what should be obvious to anyone with a somewhat functioning brain, that zero rates and $4BN of asset purchases every day are incompatible with:

a. stocks/bonds/housing prices at all-time highs,

See Chart:

US nonfarm payrolls artificially low

https://cms.zerohedge.com/s3/files/inline-images/nfp%20bofa%20artficially.jpg?itok=BMxYK5Dq

b. GDP +15%, retail sales +40%, payrolls artificially low (Chart 3), CPI annualizing 8%, and...

See Chart:

US nonfarm Payroll vs Retail sales

https://cms.zerohedge.com/s3/files/inline-images/nfp%20bofa%20artficially.jpg?itok=BMxYK5Dq

c. the new "social & economic" goal of reducing inequality (see Fed balance sheet & market cap of Big Tech).

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/dovishness%20ESG.jpg?itok=1tY_wezI

Continue reding & seen charts

Here the last one

But if global defensives are set to outperform, well then cyclicals are in trouble, or as Hartnett puts it, "a Perfect storm for cyclicals" due to...

excess positioning, China tightening, US fiscal hopes fading, and now hawkish Fed; note cyclical correction now well underway (homebuilders -14%, copper -13%, materials -9%, transportation -7%...even AUD now bid on spectacular strong labor market data) which follows yield curve bear flattening prediction in BofA Investment Clock view..

See Chart

Cyclical correction follows: Yield curve bear flattening

https://cms.zerohedge.com/s3/files/inline-images/cyclica%20correction.jpg?itok=HQ93ePLd

Finally, is a market correction imminent?

Here Hartnett concludes, a minority “correction crew” say weaker internals always herald weaker index, and yet while it is unlikely to have a correction without IG bonds & tech (majority believe both will be bid), Hartnett says that SPW (equal-weighted S&P) & NYA (NYSE Composite) most important levels to watch coming weeks and lists 4 conditions that would suggest an imminent market breakdown:

SPW breaks below 6000,
NYA below 16000,
CCMP fails to break above 14200 (3rd attempt this year),
weaker internals will signal broader sell-off in credit & stocks in Q3.

….

SOURCE: https://www.zerohedge.com/markets/bofa-fed-finally-conceded-4bn-daily-asset-purchases-does-not-reduce-social-inequality

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"BULLARD BOMB" SPARKS QUAD-WITCH CHAOS, YIELD CURVE COLLAPSE

...so much for 'financial stability'...

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Getting out of business is only 1 indicator of the collapse of neoliberal system

"REAL GEOPOLITICAL RISKS": K STREET SETS SIGHTS ON NEW SEMICONDUCTOR POLICY AMID GLOBAL SHORTAGE

This week the global shortage forced an Alabama

Hyundai plant to pause production...

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Dreaming with ‘promotions’ in time of Econ debacle is nightmare, not dream

FEARS OF MISSING OUT (ON PROMOTIONS) IS PUSHING MORE YOUNG WORKERS BACK TO THE OFFICE

One study found that those who linger too long at home could see long-term blowback to their careers, even if they are equally (or more) productive.

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MACLEOD: THERE'S JUST TOO MUCH 'DARN' LIQUIDITY

Welcome to the everything bubble, whipped up by American and British neo-Keynesian policy makers who are now increasingly cornered by their own monetary fallacies...

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GOLD - The Mother Of All Buying Opportunities, Back to the 70's & The Big Reset

BY bullionboy2020

I like property as a barometer because it's rational and hard for government to jigger around with.

My sense is we are back to the 1970s.

If I am right … and I think I am … then owning hard assets is where you need to be. And out of cash. This is rather a long way around for saying that gold looks a pretty good bet and the massive price correction gives, in my view … a great buying opportunity. Nope … I don’t sell gold … so not vested interest here … just my belief. Between 1970 and 1980 the annual average gold price rose $38.90 to $595 - a 15 fold increase - that’s equivalent to gold being $26,500 today … but of course gold prices had been artificially constrained in the lead up. So nope, that's not a forecast … but hopefully you get the picture.

But of course the 70's were not all bad … for a reminder you see here (turn the volume up) … https://www.youtube.com/watch?v=5sYPg32rBzo

Ross Norman

SOURCE: https://www.zerohedge.com/news/2021-06-18/gold-mother-all-buying-opportunities-back-70s-big-reset

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US DOMESTIC POLITICS

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

BIDEN ORDERS MAJOR REVERSAL OF TRUMP'S MISSILE BATTERY BUILD-UP IN GULF

Reflects major "realignment" which no longer sees Iran as top threat

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"THIS HAS TO END": CALIFORNIA LANDLORDS CALL FOR END TO EVICTION MORATORIUM

"They’re stealing from apartment owners, and it’s legal..."

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Theory is theory: is up to personal mind to accepted or refuted. Suicide will be T-re-elec

TRUMP SAYS CRITICAL RACE THEORY IN SCHOOLS IS "A PROGRAM FOR NATIONAL SUICIDE"

A nation is only as strong as its spirit.

For our children, we must act before it is too late...

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Biden double language: agree with RU to avoid WW3 but he is really promoting WW3

BIDEN WANTS NUKE DEAL DONE BEFORE IRAN'S NEW PRESIDENT TAKES OFFICE

This gives negotiators in Vienna a have nukeere in amatter of weeks...??

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The best way to avoid WW3 is nuclear dismantle world-wide. The other way is allow all rival nation to have nukes, because if one use it, the other too. So both can blow out together. That is the Case of Israel who has hundred of nukes and based on this power is imposing their doming in the region. Since ISR have it, IRAN has the right to have too. SO, the best policy for IRAN is not to have deal with Biden if he don’t stop & dismantle Israel nukes first..

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FAMILY OF TOP BIDEN OFFICIALS FIND JOBS ACROSS ADMINISTRATION DESPITE 'NO NEPOTISM' PLEDGE

"While it may not be as bad as appointing your son or daughter to a top government post as Trump did with Jared and Ivanka, it is still bad..."

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QUESTIONS ABOUT THE FBI'S ROLE IN 1/6 ARE MOCKED BECAUSE THE FBI SHAPES LIBERAL CORPORATE MEDIA

The FBI has been manufacturing and directing terror plots and criminal rings for decades. But now, reverence for security state agencies reigns...

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Bishops are parasites in any State-Nation. Cut the fund to them. They’ve wrong privileg

AMERICAN CATHOLIC BISHOPS ADVANCE PLAN TO DENY BIDEN COMMUNION OVER ABORTION

The vote won with 73% in favor, to 24% opposed.

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We ruined those dependent countries with fake debts and brutal racism to them

FLORIDA GOV. DESANTIS SENDING POLICE TO DEAL WITH BORDER CRISIS IN ARIZONA, TEXAS

"With your help, we can apprehend more of these perpetrators of state and federal crimes, before they can cause problems in your state..."

….

You know what the police is gona do

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WHITE HOUSE SAYS IT'S CONSIDERING TALKS BETWEEN BIDEN & CHINA'S XI

Recall that the Anchorage meeting in March

between top diplomats didn't go so well...

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

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

China doesn’t want to take Taiwan but controlling their automomy

GEN. MILLEY SAYS CHINA HAS "WAYS TO GO" BEFORE IT CAN TAKE TAIWAN

The US is encouraging Taiwan to spend more money on weapons

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War mongerism & selling weapons to Taiwan don’t care for a State Nation with the right to sovereignty and independence or autonomy. This is the most stupid US policy and is condemned to failure. Taiwan need money to feed their nation, not to buy ‘chatarra bellica’. STOP taking Taiwan as dogs with rabies!

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IT'S TOO LATE TO AVOID A MAJOR OIL SUPPLY CRISIS

In an amazingly short period of time, the world has made an irreversible bet on green energy sources being able to shoulder its energy burden...a transition without a track record and a very spotty roadmap of

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SPUTNIK NEWS : https://sputniknews.com/

-US to Withdraw Patriot Systems From Middle East, Repair Them for Use Against China, Report Says

- Sputnik Light Boosts Antibodies Against All COVID Strains During Revaccination

- Saharan Dust Cloud Hits Florida

- Ecuadorian Police Deny Sending Lethal Ammo to Bolivia Under Anez

- Sputnik V Developer Assures Vaccine Does Not Cause Infertility

- Live Updates: Germany Registers 1,108 New Coronavrius Cases

- Much of The World Sleep Better for Now, Says US Professor on Putin-Biden Summit

- US Reportedly Cancels NATO Flag-Lowering Ceremony in Afghanistan

- Australia to Complain to WTO About China's Tariffs on Australian Wine

- Former US VP Mike Pence Blasts Biden Admin, Democrats, Cancel Culture