miércoles, 12 de junio de 2019

ND JUN 12 19 SIT EC y POL



ND  JUN  12 19  SIT EC y POL 
ND denounce Global-neoliberal debacle y propone State-Social + Capit-compet in Eco


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

ZUCKED
Weaker than expected CPI - more room for The Fed to ease right? So why didn't stocks rally as we've been trained they would?
After two days of melting-up, Chinese stocks took a breather overnight...
European stocks were lower on the day with Spain still worst on the week...
In the US, Trannies  (best) and Small Caps (barely green) outperformed, Nasdaq was the day's biggest loser (hurt by FB among others) as The Dow and S&P hovered just in the red all day...
See CHART:

Futures show the crazy spike that occurred at the open, suggesting options books needed squaring dramatically
See Chart:

ZUCK'D...

Stocks are slowly catching down to VIX...
See Chart:

Bonds and stocks remain in different world...
See Chart:

Treasury yields were generally lower but the long-end notably underperformed (30Y unch, 2Y -4.5bps)
See Chart:

The Dollar rallied today, helped by cable weakness (no-deal Brexit) and euro weakness (Nordstream 2 sanctions threats)...
See Chart:
NOT - the dollar is now higher on the week, marginally.

WTI tumbled back to the lowest levels for crude since early Jan (a $50 handle)...

Finally, we note that the late-day leg lower in stocks and crude seemed to coincide with Chinese media's warning that "Beijing is preparing for China-US ties getting further worsening."
And perhaps more notably, Bloomberg's David Wilson points out that commodities are trading at the lowest prices relative to U.S. stocks in half a century or more as a bear market persists.
See Chart:

The ratio between the S&P/GSCI Total Return Index and the S&P 500 Index dropped Monday to its lowest level since calculations of the commodity gauge begin in 1970, according to data compiled by Bloomberg. Since peaking in July 2008, the ratio has plunged as much as 91%, including a 6.2% decline for the year through Monday. This year’s slump follows losses in 10 of the past 11 years. The exception was 2016, when the S&P/GSCI -- based on 24 commodity futures -- rose 1.7% in relative terms.
And if you are still wondering what has been driving stocks higher in the last week or so - it's simple - money-printing as the global economy collapses...
See Chart:
US MACRO Surprise Index vs. Global Money Supply Proxi
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Another month, another frightening jump in the US budget deficit. And this time with a record surge in government spending to boot.
According to the latest Treasury data, the US budget deficit in May - not a traditionally high-spending month for the US government - was a whopping $208 billion, missing the $200 billion deficit expected, and well worse than the $147 billion deficit recorded last May.
See Chart:
US MOntly Budget deficit

And even though there may have been one-time calendar effects and time-shifts at play, the deficit was also the biggest budget deficit for the month of May on record.
See Chart:
US Budget Deficit May
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“U.S. crude stocks have been rising almost uninterrupted since mid-March,”
See Chart:
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If foreign investors remain uninterested and the Fed avoids restarting QE, this situation will become much more obvious...and diverting attention to “penguins on the telly” will do us no good...
See Chart:
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US  DOMESTIC POLITICS
Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio

"I cannot imagine a better setup for catastrophe. No one ever sees disaster coming. That’s the point..."
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"A lot of his policies are popular with the American people if they don’t come under the ‘socialism’ banner...
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Once again tonight, countless numbers of Americans will sleep in their vehicles, and this is a problem that is getting worse with each passing year...
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"The Fed’s biggest fear is that things will spin out of control, and they won’t have the tools to stop it..."
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The global monetary regime has collapsed three times over the past 100 years, in 1914, 1939, and 1971. They seem to happen about every 30 to 40 years on average. It’s now been over 40 years since the last collapse, so we’re due...
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US-WORLD  ISSUES (Geo Econ, Geo Pol & global Wars)
Global depression is on…China, RU, Iran search for State socialis+K-, D rest in limbo

Megalomania psicopatica de Trump

Trump defended Kim on nuclear missile testing hours after Bolton lashed out...
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Hay delirios de grandeza que no tienen base real
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Consumer prices for the 12 months ending May were up 'only' 815,194%.
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SPUTNIK and RT SHOWS
GEO-POL n GEO-ECO  ..Focus on neoliberal expansion via wars & danger of WW3

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NOTICIAS IN SPANISH
Lat Am search f alternatives to neo-fascist regimes & terrorist imperial chaos

ALAI ORG

Opin:  CLOC 25 Años    Osvaldo León  
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RT EN ESPAÑOL

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INFORMATION CLEARING HOUSE
Deep on the US political crisis: neofascism & internal conflicts that favor WW3

-The Unipolar Moment is Over   By Pepe Escobar
-What Comes After Trump – World War III?   By Federico Pieraccini
-Manufacturing Coma  By Paul Edwards
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GLOBAL RESEARCH
Geopolitics & Econ-Pol crisis that leads to more business-wars from US-NATO  allies

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DEMOCRACY NOW
Amy Goodman’  team

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PRESS TV
Resume of Global News described by Iranian observers..

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