Nueva Democracia: NOV 22 2021 ND SIT ECON y POL Part 1 & P 2

NOV 22 2021 ND SIT ECON y POL Part 1 & P 2

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

BONDS, BITCOIN, & BIG-TECH PUKE ON POWELL PICK; BANKS BID ON BRAINARD DISS

by Tyler Durden

...stocks puked into the close as gamma unclenched... market is now pricing-in a full rate-hike by June 2022...

The decision not to appoint progressive-fave Lael Brainard to Fed Chair (and more notably not to pick her fore vice-chair of supervision) triggered selling in STIRs (Powell more hawkish) and buying in bank stocks (no Warren-esque 'regulator' running the show).

The market is now pricing-in a full rate-hike by June 2022 (that's before the July end of taper if the current timeline is maintained)...

See Chart:

June 2022 Market-implied FED Rate

https://cms.zerohedge.com/s3/files/inline-images/bfm8A76.jpg?itok=0Cr-bia5

...with almost 3 rate-hikes priced in by Dec 2022..

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm81C8.jpg?itok=_vdoBcEs

Bank stocks jumped on the news (best day in 2 months) that Biden has nominated Powell for another term (and not progressive-friendly Brainard who also was not chosen to head up The Fed's regulatory division)

See Chart:

FOMC vs S&P Banks Index

https://cms.zerohedge.com/s3/files/inline-images/bfm6312_0.jpg?itok=6cBQ_p9U

And here's what's helping drive risk assets elsewhere!!

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm9757.jpg?itok=1qyXv_go

After a chaotic open, Biden's Powell pick sparked a relief rally in stocks initially but as rates shifted hawkishly, big-tech tumbled (as did the broad market). Once Europe closed, everything went bid as yields soared (and Nasdaq managed to get back to green). But the last 20 minutes of the day saw more violent selling hit the markets again with a big MOC Sell order. Only The Dow managed to cling to some gains (up just 20 points)...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/2021-11-22_12-58-21.jpg?itok=c5cIvgkt

S&P 500 has made 66 new all-time highs this year or 1 new ATH for every 3.37 trading days. This is on pace for the second best year on record, only after 77 ATH in 1995.

As a reminder, $2.4 trillion in gamma rolled off on Friday, so some chaos was to be expected today as gamma unclenched. Today saw three big sell programs with TICK below -1000...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfmDB30.jpg?itok=vXrTPMY2

Did the recent run in Nasdaq (relative to Small Caps) hit a limit?

See Chart:

Did the recent run in Nasdaq (relative to Small Caps) hit a limit?

https://cms.zerohedge.com/s3/files/inline-images/2021-11-22_11-57-18.jpg?itok=OfhLOqd-

Most shorter stocks: As soon as Europe closed, the short-squeeze began..

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm621.jpg?itok=g4N4Sy7W

The surge in rates sparked a bid in Value stocks as Growth was dumped (before it limped back into the green)...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm72D8.jpg?itok=UhXjylyJ

Mega-Cap tech was chaos today, gapping open above last week's highs, puking back below last week's lows, then ramping back to unch...

See Chart

FANG + Index

https://cms.zerohedge.com/s3/files/inline-images/bfm19AE.jpg?itok=dgPvn0Wl

High yield bond prices broke down below the October lows today...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfmCD66.jpg?itok=jSjF5JOy

The long-end of the curve refuses to buy into The Fed's policy plan and is making lower highs (in yield) as the short-end hawkishly rises. 5Y is up 18bps from Friday's lows, 30Y up just 8bps...

See Charts:

https://cms.zerohedge.com/s3/files/inline-images/bfmA3E5.jpg?itok=S7PEe8Tu

The yield curve continued to flatten, now at its lowest since March 2020...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm9DA_0.jpg?itok=1IxFGCuF

Breakevens tumbled today, sending real yields spiking higher...

Which - if one looks at the correlations - is why gold, crypto, tech stocks, and pretty much everything else tumbled today...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfmF29A.jpg?itok=vdsJB50j

The Bloomberg dollar Index extended its November gains (now up over 2% this month) spiking to its highest since September 2020...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bfm4D54.jpg?itok=tVYr7nLb

Gold was clubbed like a baby seal today, plunging back towards $1800...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/2021-11-22_11-53-20.jpg?itok=EddXim40

Finally, market breadth stinks....

See Chart;

https://cms.zerohedge.com/s3/files/inline-images/bfm48E6_1.jpg?itok=70Wg53xh

As 'Bubble' markets burst as the taper begins...

See Charts:

https://cms.zerohedge.com/s3/files/inline-images/bfmA5EF_0.jpg?itok=khbBZRic

Get back to work Mr.Powell!

….

SOURCE: https://www.zerohedge.com/markets/banks-bid-brainard-diss-powell-pick-pummels-bonds-bulllion-bitcoin-big-tech

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BofA Is Bearish On Markets Ahead Of The 2022 "Rates Shock"

by Tyler Durden

"big fall in credit & stocks prices quickest route to recession, civil unrest, institutional crisis and so on"

For those who have been following BofA CIO Michael Hartnett's sometimes disjointed thoughts and observations, dutifully jotted down in his weekly Flow Show report (and summarized here), it will come as no surprise that the Bank of America strategist has been turning decisively bearish in recent months (see BofA Chief Strategist: Markets Are About To Be Hit With Three Shocks; This Is How One Bank Will Trade The Bursting Of The Biggest Ever Asset Bubble In 2022; and ""2022: The Year Of The Rate Shock": The Fed's Policy Mistake Already Happened And Next Year Everyone Pays").

Even so, it was certainly helpful for Hartnett's clients (and our readers) to be presented with a more structured and organized version of the CIO's views for the year ahead, which is what he did overnight in his latest periodical The Thundering Word, titled appropriately "Fin de Siecle" in which he finally makes it clear that "we are market bearish" for many of the same reasons we have discussed previously namely that the "growth show" of 2020, which was followed by the "inflation shock" of 2021 will be followed by the "rates shock" in '22 (as described here). The sharply higher rates, a taste of which we got today when real rates spiked following news that Powell will be renominated for another 4 years...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/real%20rates%2011.22.jpg?itok=Xu5_1HaG

... will tighten financial conditions via Wall St and/or policy action; and since asset prices are driven by rates & profits, with short rates rising in 2022 (as QE ends, threatening to invert the yield curve) and as EPS sharply slow..

See Charts:

https://cms.zerohedge.com/s3/files/inline-images/consensus%20slowdown%20in%202022.jpg?itok=Hp5yWOlc

... Hartnett expects low/negative and volatile asset returns in '22 after 18 months of fat returns in crypto, credit & US equities.

Hartnett's bearish views aside, the strategist admits that BofA economists and strategists predict robust GDP growth with weak China the outlier; and while inflation is predicted to be above consensus like GDP it too should decelerate next 12 months; All this leads to the bank's house view of 3 Fed rate hikes forecast in '22 (unlike Morgan Stanley which stubbornly expects no rate hikes in 2022 and with more covid lockdowns on the way, may well be right) with 10-year Treasuries ending the year at 2%; BofA also expects the US dollar & oil to remain well-bid (oil peaks around $117/barrel in Q2), and gold will appreciate.

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/bofa%20macro%20forecasts%202022.jpg?itok=r9KvDkt8

CONTINUE READING & SEE MORE CHARTS AT:

SOURCE: https://www.zerohedge.com/markets/bofa-bearish-markets-ahead-2022-rates-shock

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BlackRock – The Fed's Wall Street Croupier

Central banks have not merely inflated the bejesus out of assets prices. They have also caused the very foundations of financial markets to metastasize...

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US DOMESTIC POLITICS

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

Quick News:

NiGHT OF THe LiViNG DeMS

BY williambanzai7

It has been established that political collectivists who were thought to have died have been returning to life and committing acts of treason...

….

Treason to whom?

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The Powell top?

finally some moves…

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Biden Using Backdoor Rule To Pass Free College Agenda

The Trump administration halted this policy, arguing that lowering the burden of proof lets any student dissatisfied with his education claim he was misled by his school and seek loan forgiveness. But the Biden administration has resurrected it.

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Another backdoor rule:

The Benefit Of SARS-CoV-2 Natural Immunity In The Armed Forces

All members of the armed services should receive SARS-CoV-2 antibody testing, and if positive, be automatically exempted from Covid vaccination...

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Letter To A Tyrant

Authored by Margaret Anna Alice via 'Through The Looking Glass' Substack

"This letter isn’t to beg or plead or ask you to stop. This letter is to put you on notice. This letter is to tell you the people are waking, and it is you who have shaken us awake. "

I won’t bother to reason with you or appeal to your compassion - because you have none.

This letter is to tell you the people are waking, and it is you who have shaken us awake

In a way, we should thank you. You have shown your hand so recklessly because you were certain we would roll over. So confident were you in the psychological conditioning you subjected us to—following Biderman’s Chart of Coercion like a recipe—you expected us to jump in the pot voluntarily.

Biderman’s Chart of Coercion

https://cms.zerohedge.com/s3/files/inline-images/https___bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com_public_images_8c8e1ba9-46bc-4d94-b593-e395a15e0ea3_2550x4200.jpeg?itok=QgIwyuN9

And your victims, the ones you maimed, the ones you sterilized, the ones you failed to fell immediately, the ones whose loved ones you slayed, are speaking out about their suffering.1

And now you’re coming for the children. Even the wokety-woke NPC Covidians aren’t buying it anymore:

Will you be vaccinating your 5-11 childres?

And then you have an FDA shill making this reprehensible statement about the decision to inject children aged 5–11, “We’re never gonna learn about how safe this vaccine is until you start giving it.”

Well, we don’t have to wait to find out. A twelve-year-old child just died two days after receiving the Pfizer injection, and the autopsy proves it. And these fourteen children died of such conditions as pulmonary embolism, intracranial hemorrhage, cardiac arrest, and myocarditis post-injection—only to be swept under the rug by BigPharma toady CDC. And deaths of male children have jumped 86 percent in the UK since the vaxx rollout. It is estimated that nearly 800 children have been killed from the injection thus far, and you and your colluders are only ramping up the pedicide program.

CONTINUE READING AT:

SOURCE: https://www.zerohedge.com/geopolitical/letter-tyrant

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"Wait, What?" Even Reuters Tripping Out On 55-Year Delay To Release Pfizer Vax Data

And their former CEO is on the board!

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We will have new JFK today, if not Biden, C Harris -the VP- will be accused of being Com

In Memory Of JFK: The First US President To Be Labeled A Terrorist & Threat To National Security

Two days before Kennedy’s assassination, a hate-Kennedy handbill was circulated in Dallas accusing the president of treasonous activities including being a communist sympathizer...

….

Accused by whom? By real terrorists: the ones who assaulted The Capitol and now promoting WW3 with RU-CH. They are calling themselves as anti-comunist or anti-socialist. This stupid people doesn’t know the difference of both terms. Socialism existed since the XVI century and communism since the 18 Ct. Socialism mixed capital & labor (SOEs: State Owned enterprises) with Laizess faire (respect of private property & rights of individuals with small & middle size business). That happens in RU’ Lenin NEP and in CH after Mao (up today). Big companies are taxed severely to avoid the explosive inequality we have in the US today. This policy was used by FDR in the US & he won the third re-election (but had to gave up because the Constitution).

Today we have socialism in several Nordic European States (Scandinavians) and we have the combination of capital-labor in the Amish factory of OATS (but they are afraid of called socialism because the phobia created against RU-China). I do believe in the chances of creating socialism in US without using the frames of Marxism. I plan to publish a book on this issue at the end of Dec. By I wrote several arts on this issue. For instance this one 10 days ago:

TOPIC: UN’ CLIMA CHANGE

Billonaires’s pollution (oil, carbon + manufacturing weapons & wars drills and real wars abroad) are accused of creating the climate problem, the question then is how to eliminate them? The only one answer available is SOCIALISM. That implies a radical change of the current system, starting in US, UK and other European countries.

This radical change has nothing to do with Marxist violence in RU-CH. This instead can be done by pacific methods that include self-coup-d-etat by other billonaires and/or big Fed Institution disgusted by current global capitalism. This transition supposes either A-to use the current FED centralism or B- to use the current State autonomy from different States & regions (coalition o regional state autonomy). B-implies separatism/break of current FED centralism without the uses of violence but using Assemblies instead (debates & agreement in current Sates with a level of autonomy from current FED).

In my book “Perspectives of US Socialism” I will bring more details on this plan. This book is intended to prove that socialism is possible in the US and it will be total creation of our Nation.

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"MAKE AMAZON PAY" PROTESTS COULD SPARK BLACK FRIDAY CHAOS FOR CUSTOMERS

"Amazon takes too much and gives back too little."

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Goldman: Another Fiscal Package Next Year Appears Likely

"As the final version of the BBB takes shape, discussion of another fiscal package has already begun."

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Dangerous pro-WW3 step:

Pentagon Confirms US Will Start Over-the-Horizon Mission In Afghanistan

Taliban quickly rejected Austin's statements, saying "We will not allow any country’s presence by any other means."

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I guess Trump is behind this phobic news

Texas AG Accuses Biden Admin Of Creating Border Crisis As Large Migrant Caravan Approaches

“The Biden administration knows this. They’re aiding and abetting the cartels for not only the transportation of drugs but also the transportation of human beings.”

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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

Back to neo-nazis in Austrial: concentration camps-terror instead of lock-down’ terror

Australian Army Begins Transferring COVID-Positive Cases, Contacts To Quarantine Camps

"Yes, these are strong measures, but the threat to lives is extreme."

….

Who benefit from this terror besides d owners of Pfizer++ vaccines?

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The US will commit suicide by promoting WW3 agst China & RU:

CHINA'S ORBITAL BOMBARDMENT SYSTEM FIRING HYPERSONIC WEAPONS SHOWED UNPRECEDENTED CAPABILITY, FT SAYS

It appears China has mastered a technology that Russia and the US have yet to acquire fully.