Nueva Democracia: Feb 11 2022 Part 1-2 SIT ECON y POL

Feb 11 2022 Part 1-2 SIT ECON y POL

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

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ZERO HEDGE ECONOMICS

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

Quick News:

VOLATILITY SPIKES, DEFLATIONARY EVENT PENDING?

BY Sprott Money

Today, we got the latest CPI numbers, and they were explosive.

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CAN THE FED AFFORD TO TIGHTEN INTO AN ECONOMIC SLOWDOWN?

There’s an important disconnect between stocks and bonds...

Specifically, I am looking at two fundamental indicators for evaluating long-term interest rates.

The first is the performance of small cap stocks relative to large caps. Typically, this ratio has moved in concert with the 30-year treasury yield. For the past few months, however, we have seen a major divergence between the two as small cap stocks, which are more sensitive to shifts in the economy, have led the broad stock market to the downside even as interest rates have shot higher.

See Chart:

Small Caps vs Interest rates

https://cms.zerohedge.com/s3/files/inline-images/2022-02-10_15-58-14.jpg?itok=mvRagQq4

But, for now, it looks like economic fundamentals are in the process of weakening (see: GDPNow) which would explain the performance of the stock-market based indicators above. At the same time, after financing the majority of issuance over the past couple years, the Fed is now attempting to end (and possibly even reverse) its purchases of treasuries which may be putting some strain on the bond market.

The question then becomes, can the Fed afford to allow interest rates across the curve to continue to rise even as the economy slows?

I guess we will find out soon enough.

[ZH: Judging by the forward yield curve, the answer is 'no' as rate-cuts and recession indicators are already being priced in...]

See Chart:

Fed Funds vs 1 Year forward 2s1s OIL Spread vs Fed Funds

https://cms.zerohedge.com/s3/files/inline-images/2022-02-10_12-43-02_0.jpg?itok=Q07Ycesn

and

1Y Fwd 2s30s Yield pread

https://cms.zerohedge.com/s3/files/inline-images/2022-02-10_11-38-54_0.jpg?itok=TkjtyeqG

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SOURCE: https://www.zerohedge.com/markets/can-fed-afford-tighten-economic-slowdown

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FUTURES REVERSE OVERNIGHT ROUT AS DOUBTS EMERGE ABOUT AGGRESSIVE FED HIKING

by Tyler Durden

“With seven Fed hikes (one per meeting) virtually priced in now, interest rate expectations cannot get much more hawkish before the March meeting. This should allow markets to stabilize in coming weeks,”

After initially sinking sharply, with S&P futures dropping as much as 1% overnight on concerns that aggressive rate hikes from the Fed aimed at curbing stubbornly high inflation could plunge the US into recession and crash risk assets, US equity futures have recovered most of their losses after an overnight article from Bloomberg reported that the "Fed Doesn’t Yet Favor a Half-Point Hike or an Emergency Move" easing investor nerves that a massive hike is imminent. Contracts on the Nasdaq were also flat after earlier retreating as much as 1.2% as growth stocks are especially sensitive to rising rates and bond yields. Still, absent a powerful bounce today, the S&P 500 is set to snap a two-week winning streak.

See Chart

Emini S&P Futures

https://cms.zerohedge.com/s3/files/inline-images/ES%202022-02-11_7-30-24.jpg?itok=iw9s7kqK

The benchmark S&P 500 has struggled to gain for three weeks in a row since November as the Fed signaled it was prepared to tighten monetary policy to rein in red-hot inflation, but strategists say a broader selloff across stock markets is unlikely. Helping ease the overnight selling panic, the selloff in sovereign bonds eased, with the 10-year Treasury yield falling about three basis points to hover around the 2% level. The two-year yield was little changed after jumping the most since 2009 on Thursday.

What’s Priced in Now

SEE Chart:

https://cms.zerohedge.com/s3/files/inline-images/whats%20priced%20in_0.jpg?itok=WivZ3N0Y

Top Overnight News from Bloomberg

Federal Reserve officials are in no rush to raise interest rates prior to their scheduled policy meeting next month, nor is a half percentage-point move in March yet likely, despite a bigger-than-expected jump in consumer prices that stoked speculation about such options

In the global market:

-Asian stocks declined

-European bourses are pressured,

In FX, the buck boosted by hawkish rate rise and balance sheet reduction preferences from Fed’s Bullard.

In commodities, WTI and Brent are firmer in an attempt to recuperate from yesterday's pressure as the overall geopolitical situation remains tense

In fixed income, bonds licked some wounds post-hot US inflation metrics, but curves stay flat amidst heightened Fed tightening expectations.

In geopolitics

Russian Kremlin envoy Kozak said there were no results at the meeting that could be transformed into an agreement and they hope that Ukraine is wise enough not to start military action against its own citizens, according to Reuters.
Russia's Kremlin notes that yesterday's 4-Nation (Normandy) talks regarding Ukrainian tensions yielded no results.
Ukraine's Head of the Presidential Office Yermak said all parties confirmed they are ready to continue negotiations but could not agree on signing of a document in Berlin, while he added everyone expressed support for the cease-fire and there is a will to continue negotiating in Russia talks, according to Reuters.
US President Biden said Americans should leave Ukraine now and that things could turn crazy very quickly, while the State Department also issued an advisory that Americans should depart Ukraine now, according to Reuters.
US Secretary of State Blinken says they continue to see very troubling signs re. Russian escalation over Ukraine, continues to draw down its embassy in Ukraine, an invasion of Ukraine could occur at any point, including during the Beijing Olympics; notes new forces are arriving near the border.
NATO Secretary General Stoltenberg says they are assessing if longer-term presence in the eastern-flank is needed.

DB's Jim Reid concludes the overnight wrap

What a day we had yesterday with the blockbuster US CPI release (full round up later). Indeed the 7.5% YoY print (vs 7.2% expected) even raised the small possibility of the first intermeeting Fed rate hike since 1994, and before that since 1979. It also raises the risk that a recession might be increasingly difficult to avoid. Indeed the worry I had in last month’s chart book “The road to the next Recession” (link here) was that this was going to be a much shorter, more boom bust US cycle than the last four super long ones with a US recession by H1 2024 a strong possibility.

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US DOMESTIC POLITICS

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

COVID PROPAGANDA ROUNDUP: LEGACY MEDIA INTENSIFIES WAR ON INDEPENDENT JOURNALISM

BY TDB

The latest updates on the “new normal” – chronicling the lies, distortions, and abuses by the ruling class.

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Fake feminism copy d machist violence propaganda of Big Corporations. Shameless

"SLASH THE TIRES, ARREST THE DRIVERS": HARVARD PROFESSOR AND CNN ANALYST CALLS FOR VIOLENCE AGAINST FREEDOM CONVOY

A former Obama DHS official said that?

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All that stupidity in the name of prestigious Univ Harvard? Incredible!

Not even the war-mongers of PENTA dear to say such stupidity

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PENTAGON HOLDS RARE CALL WITH BELARUS ARMY CHIEF TO AVOID "MISCALCULATION"

Unprecedented in size joint Russian-Belarus

war drills kicked off Thursday

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The illusion of freedom with democ tiene su raiz: la compra de Pdos y votos by Big Corp

DYSTOPIA DISGUISED AS DEMOCRACY: ALL THE WAYS IN WHICH FREEDOM IS AN ILLUSION

“we the people” have become “we the prisoners.”

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A los po-pis del Vaticano se perdona porque aún viven los viejos dogmas del feudalismo

THE COUNTRIES WHERE COVID-19 VACCINATION IS MANDATORY

Tajikistan, Turkmenistan and Vatican City were the first countries to introduce these mandates...

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La razón logico-dialectica no cabe en la mente de los cavernarios del papado. Mejor que los vacunen y todos los días contra las nuevas pandemias que crea la Farma (los dueños de las vacunas). El papado es la mas antigua y ridícula pand de todos los tiempos. Vacunarlos garantiza que se vayan pronto de este mundo

Por si acaso: no fui yo quien escribió: ‘La Desilución de un Sacerdote’

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THE MYSTERY OF THE MIGRANT KIDS THE FEDS ARE SPIRITING INTO THE U.S. INTERIOR

"The Biden administration is running a clandestine, covert, middle-of-the-night, special ops mission..."

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SAN FRANCISCO'S SLOW-MOTION SUICIDE

The city is carrying out a bizarre medical experiment in which they are helping homeless drug addicts use drugs... "It’s handing a loaded gun to a suicidal person"...

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If WW3 comes there will not have winner: only genocide & more pandemics

REP. ROY INTRODUCES BILL TO REINSTATE TROOPS DISCHARGED FOR REFUSING COVID-19 VACCINE

"Hundreds of “battle-ready service members” have been separated from the Armed Forces..."

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What is the point of more troops. Our focus must be to stop WW3

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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

US-plane-business to Ukraine or close to war region closed

US STATE DEPT ISSUES HIGHEST-LEVEL "DO NOT TRAVEL" WARNING FOR UKRAINE

"Do not travel to Ukraine due to the increased threats of Russian military action... It’s a very different situation and things could go crazy quickly..."

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Quick News:

MEET THE DRAG QUEEN BIDEN JUST PUT IN CHARGE OF NUCLEAR WASTE

BY Portfolio Armor

Meet "non-binary" drag queen and "pup handler" Sam Brinton.

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To Saudis Bush dio avión luego del terrorism in Sept-11. Toca dar otro p sacarlos dl globo

YEMEN SEES MOST CASUALTIES FROM SAUDI AIR WAR IN 5 YEARS

January 2022 was the most violent month for civilians since 2016.

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Que hacer con terroristas tipo Saudis? Simple: sacarlos del planeta tierra.

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SPUTNIK NEWS : https://sputniknews.com/

- Level of Relations Between Russia and UK is Close to Zero

- Biden Signs Order Freezing $7Bn in Afghan Assets

- Biden to Use $3.5Bln in Afghan Funds Held in US for 9/11 Victims' Families

- Ukraine Crisis Didn't Make It to Quad's Joint Statement Because of India

- Iran Requires Guarantee of No Sanctions After Changes in US Government

- Moscow Cannot Accept Joint Response on Security Guarantees

- US Foreign Service Association Says Havana Syndrome Hurt Recruiting

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Feb 11 2022 PART 1-2 ND SIT EC y POL SPANISH ++

REBELION

UCR: Es la crisis Ucrania el comienzo de nuevo orden mundial? Marc Vandepitte

Opin: Si el progresismo es futuro, a pensar con urgencia el posfuturo Aram A

Salvad: La distopía bitcoin en país camino al default Juan Vázquez

Chile: La crisis hídrica espera solución en la nueva Constitución Orlando Milesi

Hondur: Corte Suprema anula juicio contra defensores de Guapinol G Trucchi

Perú Aníbal Torres encabeza el cuarto gabinete del gob d Pedro Castillo Mariana Á

ARG: CONDICIONAMIENTOS DE LA DEUDA EXTERNA Horacio Rovelli

BOL: Charquini, el glaciar que se derrite irremediablemente Carolina Méndez

BRA: LAS RESPONSABILIDADES DEL PT Emir Sader

BRA: RACISMO Y LAS LECCIONES A PROPÓSITO DEL HORROR Milagros Pichardo

WAR: UCRANIA, TAIWAN ¿EN DERIVA A UNA GUERRA MUNDIAL? Roberto Laxe

Cuba: IMPUGNACIÓN Y DISPUTA EN EL SOCIALISMO CUBANO Iramís Rosique

España: Urge reformar la Ley de Extranjería y regularizar a las personas migrantes JV

España: LA TRIPLE VULNERABILIDAD DE LAS MUJERES PRESAS

España: Castilla y León sigue vaciándose y grandes empres esquilman su territorio GC

MX: REVOCACIÓN DE MANDATO: UN HECHO INÉDITO Marco I. Dávila

US: LA VERDAD Y LO OFICIAL David Brooks

US: BATIÓ RÉCORD DE MUERTES CON ARMAS DE FUEGO Gustavo Veiga

CH-RU: Relaciones: Hombro con hombro, pero sin muestras de afecto Michael Krätke

RU: Putin vuelve a mostrar la paranoia de los medios en Occidente Antonio Maira

US: BIDEN, CAZADOR DE RECOMPENSAS Guadi Calvo

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RT EN ESPAÑOL

Pekín tacha declarac d Blinken sobre "agresión china" de "mentiras políticas” que exponen "prejuicio ideológ" de US https://actualidad.rt.com/actualidad/419715-pekin-tacha-declaraciones-blinken-mentiras-politicas

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Rusia constata que Ucrania está saboteando los Acuerdos de Minsk https://actualidad.rt.com/actualidad/419732-rusia-ucrania-sabotear-acuerdos-minsk

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Vacuna cubana Mambisa puede "inducir respuesta inmune a nivel nasal" contra CV-19 https://actualidad.rt.com/actualidad/419714-vacuna-cubana-mambisa-inducir-inmunidad-nasal

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"No es una democracia": Tulsi Gabbard dice que Zelenski, "con apoyo US", cerró 3 canales que lo criticaban y encarceló a políticos opositores https://actualidad.rt.com/actualidad/419647-excongresista-estadounidense-tulsi-gabbard-afirma

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Peru: gabinete de Castillo bajo ataque: aumentan presión para que renuncie el nuevo ministro de Salud https://actualidad.rt.com/actualidad/419733-gabinete-castillo-peru-sigue-ataque

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Víctima del estafador israelí revela en documental Neflix cómo cayó en sus encantos https://actualidad.rt.com/actualidad/419650-victima-estafador-israeli-historia-netflix

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inflación en US subió en enero hasta 7,5% llegando al nivel más alto en 40 años https://actualidad.rt.com/video/419678-inflacion-eeuu-aumentar-maximo-4-decadas

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CROSS TALK https://www.rt.com/shows/crosstalk/

- Olympic invasion possible – US

- Anti-doping officials explain mystery Valieva test delay

- WATCH US nuclear-capable bombers arrive in UK

- Biden reveals World War fears