Nueva Democracia: Aug 12-13 2021 ND SIT EC y POL Part 1

If the stock market is a "forward-looking" mechanism, then the future it sees is very, very different from the 'expectations' that the average American has about what's looming...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm7D0C.jpg?itok=-mypGMh9

The last 6 times out of 7 (in the last 40 years) that sentiment crashed this hard, the US was in or entering a recession...but with stonks at record highs, how can that be?

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm124A.jpg?itok=gT85snMo

On the week, The Dow outperformed (which has been relatively unusual) with Nasdaq breaking even and Small Caps tumbling. Notice that every day the cash open (this is 24hr futures data) was utter chaos before everything calmed down in general

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/2021-08-13_12-57-26.jpg?itok=PNYGmIgK

Euro Stoxx 600 is once again outpacing the S&P this year (with its 10th consecutive record high in a row - the longest such streak since 1999)... and they are both crushing Chinese stocks...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfmF51E.jpg?itok=CwWAYS0o

Defensives outperformed Cyclicals on the week with the last two days dominating that shift (but both were higher on the week)..

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm8FF8.jpg?itok=JnGzgCAN

Notably, this week saw the energy sector cap a 19-day streak in which no member of the index traded above its 50-day moving average, the second-longest span since the late-1950s, data compiled by SentimenTrader show. That’s something that hasn’t happened since the summer of 2001 when Enron and its ensuing bankruptcy was pressuring the energy complex.

Today's bid for Treasuries erased any weakness on the week, pushing yields back to unchanged...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm200.jpg?itok=A9ySPycz

10Y Yields met resistance at around 1.36% which coincides with a critical post June FOMC plunge spike low in yields...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm6944_0.jpg?itok=Co7thGDl

The dollar plunged today starting around the European open, and accelerated on the confidence collapse. That drop took the reserve currency negative for the week, and erased most of last Friday's payrolls print gains...

See Chart:

Bloomberg Dollar Index vs CPI

https://cms.zerohedge.com/s3/files/inline-images/bfm8D55.jpg?itok=ajv2q7_k

As the dollar dipped, gold ripped higher, erasing all of Sunday night's flash crash and some of the payrolls plunge...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/2021-08-13_11-14-51.jpg?itok=k2EfYLCg

Given where real yields are (modestly lower, more negative this week), gold has more room to run here...

See Chart:

Spot Gold vs 10Y Real Yield

https://cms.zerohedge.com/s3/files/inline-images/bfmAC28_0.jpg?itok=ZEG4QJ0h

Finally, in case you wondered what was driving stocks, given that you must have been living under a rock - as confidence among the actual consumers is collapsing to 10 year lows...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm36B9.jpg?itok=AzAx07a6

...it's simple... $30 trillion of global central bank liquidity (which has risen $10 trillion alone since the March 2020 lows)...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm63D9.jpg?itok=0FbXtO5H

Is this as good as it gets?

See Chart:

S&P 500 1987

https://cms.zerohedge.com/s3/files/inline-images/bfmA5CE.jpg?itok=GR5GUz2y

Because, a lot of traders are betting on The Fed screwing things up bigly in the next few months...

See Chart
Open Interest for March 2022 Expiring

And will never raise rates (in fact they might cut them!)..

See Chart:

Open Interest of Bets on NIRP by end 2022

https://cms.zerohedge.com/s3/files/inline-images/bfmB1B2_0.jpg?itok=nDaqITd_

DON'T FIGHT THE FED... UNTIL THE FED BLOWS IT ALL UP.

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SOURCE: https://www.zerohedge.com/markets/crypto-rips-dollar-dips-stocks-hit-record-highs-americans-confidence-collapses

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INFLATION: KEYNES, THE GOLD WATCH, AND EVERYTHING

It's a different world, people, so move your gold watches from 1932 to 2021, or suffer the consequences of delusional faith in fake magic...

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EVEN IN THEIR "HIGH EARNING YEARS", MILLENNIALS SADDLED WITH DEBT AREN'T MAKING ENOUGH

The Federal Reserve Bank of St. Louis found in 2019 that debt-to-income ratios for millennials were 23% higher than expected.

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/mill_0.png?itok=ldZTOEey

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TREASURY TO CALM CRYPTO NERVES WITH CLARIFICATION ON BROKER-ONLY IRS REPORTING REQUIREMENTS

The Treasury’s directive is crucial because lawmakers who want to revise the bill’s language in the House are unlikely to succeed...

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Vaccine in Economics? YES. Vaccine is a nasty & criminal business

VACCINE EXPERT VANDEN BOSSCHE CALLS FOR "IMMEDIATE HALT" TO VACCINATIONS, SAYS THEY ENCOURAGE "ESCAPE MUTANT" VARIANTS

"Immediate action needs...to be taken...This first critical step can only be achieved by calling an immediate halt to the mass vaccination program and replacing it by widespread use of antiviral chemoprophylactics while

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Are drug-dealers killing the prosperous business of DEA?

Whopping 2.8 Tons Of Meth, Fentanyl Seized In California

'Largest meth drug smuggling seizure' along southwest border ever..

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One US” plane leaving from the jungle of Peru war ordered to land & the US pilots disobey and it was shot down. The press in America said that Peruvians killed innocent pilots. Velasco Alvarado was accused for this crime. He published the video of the plane that was put down with a ton of cocaine inside. The American press became quiet because that plane either belong to DEA or work in coordination with this US institution .

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US DOMESTIC POLITICS

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

COERCING PEOPLE TO GET COVID-19 VACCINES IS DAMAGING TRUST IN PUBLIC HEALTH: HARVARD PROFESSOR

"...why do you COERCE PEOPLE WHO ARE IMMUNE, OR PEOPLE WHO ARE YOUNG, WHO HAVE VERY SMALL RISK, when the vaccines are much more needed for older people in other places? So that’s an ethical aspect to it. I THINK IT’S VERY

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T IS FOR TYRANNY: HOW FREEDOM DIES FROM A TO Z

The COVID-19 pandemic continues to be a CONVENIENT, TRAUMATIC, DEVASTATING DISTRACTION....

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This is a crime against humanity:

GENDER REASSIGNMENT SURGERY IS CHILD ABUSE, SAYS TEXAS COMMISSIONER

“This surgical procedure PHYSICALLY ALTERS A CHILD’S GENITALIA FOR NON-MEDICAL PURPOSES potentially inflicting irreversible harm to children’s bodies,”

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ROBIN "COMES OUT" AS BISEXUAL IN NEW BATMAN COMIC

Robin goes to an male friend's house for dinner and winds up questioning his sexuality - before going out to fight crime.

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BUCHANAN: WHO LOST AMERICA'S LONGEST WAR?

How many U.S. generals knew what was going on but declined to risk their careers by telling Congress or the country that the Afghan army would likely collapse like a house of cards...

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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

Cannabis from Peru’ Amazonic river is good but the one born in attics +: no good

MEXICAN DEMAND FOR CALIFORNIA CANNABIS "EXPLODES"

"You're showing 'This is what I'm about.

I'm a bad ass. I got this from America.'"

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Cannabis boost your senses (good to listen music) is not addictive. But the one created in attics contain poison (they added fake cocaine -pasta basica- to make it strong). Real marihuana is not strong (you smoke 2 leaves for 2 hours concert before it start). Of course marihuana with red flower (we called ‘monio rojo’ or red flower: sign that is mature). It is the most expensive but very healthy ($50 USD for 1 pitillo in Paris). French people come to the jungle of Peru to get it, How they take out from Peru? Nobody knows.

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We pollute streets with not electric cars & we kill farmers’ water by fracking f oil

VISUALIZING US OIL PRODUCTION BY STATE

In 2018, the United States became the world’s top crude oil producer. It has strongly held this position ever since.

See MAP:

https://cms.zerohedge.com/s3/files/inline-images/OilProductionbyState_MainGraphic1_1200px.jpg?itok=8qvQzgQM

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SOURCE: https://www.zerohedge.com/commodities/mapped-visualizing-us-oil-production-state

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The "Out-Spy Beijing" is a prove that China take care of their nation sovereignty

CIA MULLS NEW CHINA MISSION CENTER TO "OUT-SPY BEIJING"

Recently Beijing charged the CIA with aggressively hacking China for over a decade...

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Opium dream? Or usual xenophobia?

CHINA: THE REGIME'S MANAGED ECONOMY IS STAGNATING

This is a lesson for those in the West that see China’s rising interventionism as a good idea....

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It is time to make PEACE with China and enjoy advantages we can get

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Bye Bye to polluter cars?

BAIDU SAYS ITS ROBOTAXIS WILL BE CHEAPER THAN HUMAN DRIVERS BY 2025

"Based on our current projection, I think by the year 2025, we will cross the line, which means that the total cost of Robotaxi ride-hailing will be lower than manned-vehicle ride-hailing."

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SPUTNIK NEWS : https://sputniknews.com/

- Biden Wants to Avoid ‘Saigon Moment’ in Afghanistan Amid Rise in Violence, Report Says

- Good Prospects: Merkel to Receive 15,000-Euro Monthly Pension After Stepping Down

- Turkmenistan to Send Humanitarian Aid to Turkey Hit by Wildfires

- Live Updates: Canada to Make Coronavirus Vaccination Mandatory for Federal Employees

- Taliban's Advance Leaves Kabul With Little Choice as US-Trained Afghan Forces Retreat

- US Prepares Agreement to Move Thousands of Afghans in Qatar

- Cuomo Feels 'Philosophical' After Resignation Announcement, Doesn't Know What to Do, Where to Live

- Over 60 People Reportedly Test Positive For COVID-19 in Martha's Vineyard After Obama Birthday Party

- Venezuelan Government, Opposition Sign Memorandum to Seek Resolution of Crisis

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