Nueva Democracia: DIC 28 2021 P-B ND SIT ECON y POL Part 1-2

DIC 28 2021 P-B ND SIT ECON y POL Part 1-2

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

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Quick health news:

MRNA HELLRAISER...

BY williambanzai7

This is scary.

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ZERO HEDGE ECONOMICS

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

One more health new:

WATCH: FAUCI ADMITS MANDATES ARE "JUST A MECHANISM" TO GET MORE PEOPLE VACCINATED

...nothing to do with ‘following the science’..

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BITCOIN & BONDS BATTERED, TECH TUMBLES, AS COVID CASES HIT RECORD

by Tyler Durden

...chaos reigns as 'omicold' cases soar, deaths tumble, crypto crashes, and bonds yields go nuts...

Bitcoin & bonds stole the market headlines today along with COVID (Omicold) cases soaring and deaths tumbling as Europe came back to work from the Xmas break..

Cryptos started their decline in Asia (again) and the US session dragged it down further...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/2021-12-28_12-24-00.jpg?itok=nc0kxB4o

Bitcoin tumbled back below $50k...

See Chart:

Bitcoin

https://cms.zerohedge.com/s3/files/inline-images/2021-12-28_12-22-20.jpg?itok=vM4TTWjK

But the drop stopped at the 200DMA, where it bounced back up to $48k...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/2021-12-28_12-08-05.jpg?itok=nUtRVh-d

Bond were chaotic too with early strength suddenly reversed leaving the long-end underperforming and short-end unch. The lack of liquidity is very evident in the 30Y yield's moves which perfectly tagged high and low stops...

See Chart:

UST 30 Years Yield

https://cms.zerohedge.com/s3/files/inline-images/2021-12-28_12-15-01.jpg?itok=pkQJyRLY

At the other end of the curve, STIRs shifted even more hawkishly, with a full rate-hike now priced in for May 2022...

See Chart:

Market implied # of rate hikes by May 2022https://cms.zerohedge.com/s3/files/inline-images/2021-12-28_12-35-51.jpg?itok=RXiX8XL3

Stocks were supported early by the headlines that the CDC relaxed the quarantine guidelines for people with COVID-19 yesterday, reducing the number of days in isolation from 10 to 5 - another potential sign we may be transitioning to 'living with virus' normalization, but as the cash market opened Small Caps and Big Tech were dumped while The Dow pumped. By the cash close, after a determined selling effort in the last 5 mins (biggest negative TICK in a week) as a slew of headline shit from Bowl game cancellations, AMD avoiding CES, Pentagon covid restrictions tightened, and US warships staying in the med, the S&P ended red, Dow small green, and Nasdaq and Russell 2000 lower...

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/2021-12-28_13-00-04.jpg?itok=OqB2gW3g

Interestingly, 'recovery' stocks underperformed the 'stay at home' stocks today, perhaps as the number of cruise ships with covid outbreaks spooked some...

See Chart:

Recovery vs ‘stay at home’ Stocks

https://cms.zerohedge.com/s3/files/inline-images/2021-12-28_12-20-11.jpg?itok=mzNb6TNX

The dollar trod water for the second day...

See Chart:

Bloomberg Dollar Index

https://cms.zerohedge.com/s3/files/inline-images/2021-12-28_12-40-03.jpg?itok=ElzeXCWI

Commodities were mixed today with crude and copper up and PMs down/flat..

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/2021-12-28_12-37-50.jpg?itok=CWwPx6Q5

Finally, all of these market moves come against a background of global COVID cases hitting a daily record on Monday, disrupting the holiday season a year after vaccines first started rolling out and two years after the emergence of the virus that many hoped would be fleeting. The seven-day rolling average of cases on Monday stood at about 841,000, a jump of 49% from a month ago when omicron was first identified in southern Africa.

See Chart:

https://cms.zerohedge.com/s3/files/inline-images/2021-12-28_12-29-57.jpg?itok=9ln1RjeR

The silver lining is that daily COVID deaths haven’t significantly increased as 'Omicold' spreads and the pandemic is over.

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The silver lining is that daily COVID deaths haven’t significantly increased as 'Omicold' spreads and the pandemic is over

SOURCE: https://www.zerohedge.com/markets/bitcoin-bonds-battered-tech-tumbles-covid-cases-hit-record

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OIL MARKET YEAR IN REVIEW: THE BIG STORAGE UNWIND OF 2021 AND LOOKING FORWARD

...forward curves for both crude oil benchmarks shifted from a historic “contango” in 2020, to a strong “backwardation” in 2021...

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GOLDMAN'S HEAD OF HEDGE FUND COVERAGE: THE INCONVENIENT TRUTH IS THAT THE ERA OF "IRRESPONSIBLE BULLISHNESS" IS OVER

it’s harder to see the upside tail as clearly from here, therefore the era of “irresponsible bullishness” is probably over for now.

I went back and read a batch of emails that I sent over the course of this year. it’s a humbling exercise, but I think valuable -- it illustrates the broad direction of things, as well as how much noise, clutter and emotion we absorb along the way. in the doing, you also realize what gets traction (references to coffee, baseball trivia and my grandparents 1) and what doesn’t land quite as well (you’re tired of New England sports references, I know). In the end, we should give thanks, as 2021 will go down as one of those extraordinary years, certainly in the US: record M&A ... record new issue ... record retail activity ... all-time highs in the equity market, the housing market and the digital space ... long may it run.

Some parting thoughts on 2021:

1. the year began with a marriage of fiscal and monetary policies the likes of which the world had never seen

2. looking back, despite so much intoxication at the time, it’s notable how many things topped out in Q1

3- what to say of COVID?

4. the year featured a painful disjunction between “the stock market” and “the market of stocks.”

5- if there was ever a doubt about who wields power in the stock market, the US retail investor stole the show in 2021.

6- on many days, the options market overpowered the underlying cash equity market.

7- in January of this year, headline CPI registered +1.4% y/y ... the last print was +6.8% ... and, it’s not crazy to think that number will be upwards of 7% come January.

Thinking ahead to 2022:

1. the big ball: the setup for risk taking is changing. I can no longer stand up and say that the outlook for growth is totally spectacular ... nor can I say that both fiscal and monetary policy is utterly unbounded. so, the inconvenient truth is we’ve passed the near-perfect points of peak activity and peak liquidity. and, when you go from that remarkable brew to something, well, “less great” or “different,” I think it has to matter to asset markets -- particularly when the base line is the COVID era produced a Sharpe ratio on 60/40 portfolios which is 3x the long-term average. at the very least, it’s harder to see the upside tail as clearly from here, therefore the era of “irresponsible bullishness” is probably over for now.

2. following an era where the total return of S&P has been positive in 12 of the past 13 years, does that mean it’s game over for the bull market? with appreciation for the prior point and a lowering of expectations, I’m not inclined to ditch Old Turkey just yet and I think there are still good macro fundamentals to anchor to. from here, the bull case is now predicated on the 1st derivative:

financial conditions are still ridiculously, if inappropriately, easy -- note that US 10yr real rates are 15bps lower today than they were before the PFE news last year;
the underlying economy retains significant strength into next year, and a +3.5% GDP forecast is still well above-trend;
if S&P earnings growth 8% next year, the index has significant underlying ballast.

READ THE FULL ARTICLE AT:

SOURCE: https://www.zerohedge.com/markets/goldmans-head-hedge-fund-coverage-inconvenient-truth-era-iressponsible-bullishness-over

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US DOMESTIC POLITICS

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

FEAR has been imposed by PAID MEDIA by owners of the terrorist vaccines

JUST 3% OF CEOS SAY COVID-19 IS THEIR TOP WORRY: REPORT

...while the fear of getting fired has risen sharply...

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It is time to confiscate & nationalize their labs. The health system should be in the hands of State elected authorities under the control of especial team of medicals.

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WHAT TO DO ABOUT A GOVERNMENT THAT'S ALWAYS WATCHING US

How far are we from a panopticon of our own in the United States?

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La desigualdad explosive que sufrimos no admite ‘piedad’ para nadie

DR FAUCI'S RETIREMENT PAY WILL EXCEED $350,000 PER YEAR: THE LARGEST IN U.S. FEDERAL GOVERNMENT HISTORY

On Christmas Eve, Dr. Anthony Fauci turned 81. However, he is not retiring just yet. If he did, Fauci would reap the largest federal retirement package in U.S. history...

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TIKTOK PROMOTING "PROUD GROOMER TEACHER" VIDEOS

Ironically TikTok is owned indirectly by the Chinese government

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HOLLYWOOD ELITES PANIC-BUY ARMORED-CARS AMID RISING VIOLENT CRIME

"Almost immediately after the Avant shooting, it's been crazy busy."

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To cause this reaction from a beautiful woman d passenger may up done wrong things

WOMAN CHARGED WITH ASSAULT AFTER PUNCHING, SPITTING-ON UNMASKED PASSENGER DURING DELTA FLIGHT

“Who am I, Rosa Parks?”

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Rosa Park was d famous black Lady who refuse to give up her sit to a white man. This new Rosa Park perhaps feel offended by the man who refuse to wear MASK as all the rest passengers do. Perhaps he attempts to attack her.

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Omicron caused the lowest rate of crime & lowest hospital uses. like a simple cold

OMICRON HAS LOWER HOSPITALIZATION RATE, EPIDEMIOLOGISTS CONFIRM

“We are seeing exponential increases in cases, and a much lower increase in hospitalizations and deaths,”

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Now those who vaccinate against Omicron has a virus injected by Pharma speculators & their labs. They got a new slave used for more vaccines.

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Most neoliberal regimes couldn’t control inflation. Biden is among the worse

THE NET IMPACT OF CHILD TAX CREDIT EXPANSION IS MORE INFLATION

Incentivizing people to not work is the last thing we need right now

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