Nueva Democracia: SEP 1 2021 ND SIT EC y POL Part 1

SEP 1 2021 ND SIT EC y POL Part 1

ND denounce-neoliberal debacle y propone State-Social + Capit-compet in Eco

Quick News :

The Four Horsemen of the Coming Crash, Pt 1

BY Phoenix Capital Research

Think of them as BIG warnings,

or the FOUR Horsemen that precede a stock market apocalypse.

….

ZERO HEDGE ECONOMICS

Neoliberal globalization is over. Financiers know it, they documented with graphics

BANK BUYBACKS HIT RECORD PROPELLING STOCKS TO ALL TIME HIGH

by Tyler Durden

"Buybacks by corporate clients decelerated slightly vs.the prior week, though Financials buybacks accelerated, hitting another record high."

One week ago, when the S&P was suddenly finding itself sliding lower, we reported that SpotGamma, Nomura and Morgan Stanley all warned that the S&P was on the verge of a very painful drawdown if stocks dipped below the key 4,350 support level, at which point a selling wave could quickly pull the S&P to 4,100 or lower. However that did not happen, preventing what could have been a very painful wipeout, as if some magical force lifted stocks higher on Thursday just as they were set to drop below they key critical.

And, as we reported, we now know what that "force" was: according to Bank of America, just as the S&P was about to drop the abovementioned critical gamma level, "Financials’ weekly buybacks were the largest on record since 2010 (and near-record as a percent of market cap)."

See Charts:

https://cms.zerohedge.com/s3/files/inline-images/financial%20buybacks_0.jpg?itok=uLJ6NjND

And while buybacks saved the market last Friday, they have also done miracles in all of 2021 because as BofA adds, "YTD, trends are already the second highest level on record (since 2010) after 2019’s record, which was 16% higher than today’s."

Since that post, stocks have continued their merry meltup hitting a fresh all time high on Monday, and while many have been scratching their heads what was behind this relentless grind higher, we now may have an answer: the same catalyst that averted a painful slide on August 18: even more bank buybacks. Actually scratch that, make that record bank buybacks.

According to Bank of America's client flow strategists, while buybacks by corporate clients decelerated slightly vs.the prior week, Financials buybacks accelerated, hitting another record high

See Chart:

Financials Corp client buyback trends at record levels

https://cms.zerohedge.com/s3/files/inline-images/record%20bank%20buybacks%202.jpg?itok=svST7b-K

While the implications are obvious, BofA's Jill Carey Hall reminds us that she noted last week that "the S&P 500 sector buying back the largest dollar amount in a given week has tended to outperform over the next several months with a >50% hit rate."

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/buybacks%20stock%20prices_0.jpg?itok=deRRRrcm

Expect even more buybacks ahead: as BofA calculates, YTD, corporate client buybacks across sectors are +54% y/y but are still far from
pre-COVID levels: -13% vs. 2019 at this time, and one of the weakest years postcrisis so far when normalized by market cap.

Translation: expect many more buyback-driven ramps every time stocks are about to dip below a key support level, as the banks do everything and anything to avoid a gamma wipeout.

SOURCE: https://www.zerohedge.com/markets/bank-buybacks-hit-record-propelling-stocks-all-time-high

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CITI'S LEVKOVICH ADMITS "SIGNIFICANT" MISTAKES IN BEARISH S&P CALL, BUT STICKS WITH 4,000 YEAR-END TARGET

"Caution that proves to be wrong can cost one a career."

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RALLY FIZZLES AS BANKS AND ENERGY DUMP WHILE FANGS HIT ALL-TIME HIGH; CRYPTOS SOAR

It was a mostly boring day.

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ETHEREUM EXPLODES HIGHER ON FURIOUS SHORT SQUEEZE

Next stop: $6000?

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FED'S RATE CORRIDOR 1 BASIS POINT AWAY FROM BREACH AMID RECORD LIQUIDITY GLUT

The Fed's effective fed funds rate dropped to just 0.06%, a mere basis point away from the floor of the Fed's rates corridor.

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OIL POPS AFTER GREATER THAN EXPECTED CRUDE INVENTORY DRAW

But the gasoline build left bulls with much more to be desired.

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HERE ARE THE BEST AND WORST PERFORMING ASSETS IN AUGUST

There were a number of factors helping to support risk appetite, which gave a lift to equities and high-yield credit, but the month also saw a number of key commodities lose ground, including oil for the first time since March

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US DOMESTIC POLITICS

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

NO MORE BATTLES IS WHAT MATTER

False Flag?: RABOBANK: THE BATTLE THAT ACTUALLY MATTERS IS ELSEWHERE

If the US retreat generates a “We can ill afford another Klendathu” moment within the DC foreign policy Blob, who is to say that history won’t see it as a genuine pivot point?

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STATE DEPT CONTRADICTS BIDEN, SAYS VAST MAJORITY OF INTERPRETERS & VISA-ELIGIBLE AFGHANS WERE "LEFT BEHIND"

Contradicts just about everything

the American public has been told over the past week...

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WATCH: CALIFORNIA TEACHER BUSTED BRIBING STUDENTS TO ATTEND ANTIFA EVENTS

"I’m probably as far left as you can go."

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COVID HOSPITAL ADMISSIONS FALL FOR FIRST TIME SINCE JUNE IN LATEST SIGN DELTA WAVE HAS PEAKED

The seven-day average of new daily hospitalizations with confirmed COVID-19 dropped by 2.4% from a week earlier to about 12,280 - the first such drop since around June 27...

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CHAOTIC DEPARTURE besides killing kids & innocent people

"WE ARE F**KING ABANDONING AMERICAN CITIZENS" SAYS LIVID ARMY COLONEL IN LEAKED AFGHANISTAN TEXTS

"We had them out there waving their passport screaming, 'I'm American.'"

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STUDENT SHOT DEAD AT NORTH CAROLINA HIGH SCHOOL; SUSPECT IN CUSTODY

"We are actively investigating what happened and will share confirmed information when available..."

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CHICAGO JUDGE REVERSES DECISION TO BAR UNVACCINATED MOM FROM SEEING HER SON

"He was seeing something that clearly said to him, 'There is an endangerment to the child right now.'

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TAIBBI: NPR TRASHES FREE SPEECH. A BRIEF RESPONSE

In an irony only public radio could miss, "On the Media" hosts an hour on the perils of "free speech absolutism" without interviewing a defender of free speech.

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ENOUGH IS ENOUGH: THE NARRATIVE AROUND "RETURNING TO NORMAL" AND HERD IMMUNITY HAS BEEN BRAZENLY INCONSISTENT

Here’s what that changing narrative looks like when “experts” have to say something because they’re constantly making TV appearances and returning to the “normal life” that we had just 18 months ago becomes a carrot

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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

'THIS IS RANSOM': WHITE HOUSE MULLING DIRECT FOREIGN AID TO THE TALIBAN

"our economic and development assistance relationship with the Taliban"

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TALIBAN HOLDS HUGE VICTORY PARADE SHOWING OFF US MILITARY HARDWARE

Complete with a flag-bearing

Black Hawk helicopter hovering over lengthy convoy.

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SPUTNIK NEWS : https://sputniknews.com/

- ‘Do Not Return’: Louisiana Gov Tells Hurricane Evacuees Area Not Ready for Living In