ND JUN 2 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
Collapse in
bullish narratives,collapse in
trade talks, collapsein
yields, collapse in
technical structures, collapse in
rate expectations, collapse in
growth projections and yes, collapse in
stocks...
Not long ago the prospect of
three rate cuts coming would have been greeted with feverish buying by the TINA
crowd, but cycle theory tells you that rate cuts at the
end of a cycle are not a sign of strength, they never were, but signs that the
economy is heading toward recession:
See Chart:
But
none of this should be a surprise, the bond market has signaled this since last
year when the 10 year hit its multi decade long trend line and rejected:
See Chart:
These are not signs of stable markets and now prices
are well back inside the larger 2018 range. Let me emphasize: While markets are
still up for 2019 they remain largely below the January 2018 highs. In some
cases by quite a bit.
….
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"If trade tensions continue to
escalate, with the US imposing 25% tariffs on the remaining ~US$300 billion of
imports from China and China responding with countermeasures, the global cycle
will be at risk. We could end up
in a recession in three quarters."
See Chart:
Probability
of Recession beginning within one year
In effect, what both JPM and
Barclays are saying, in a politely roundabout way to avoid scaring their
clients, is that the US economy is headed for a recession which incidentally is
something the market has been pricing in for a while, with
rates traders now anticipating at least one rate cut by the end of 2019, and three by the end of 2020.
See Chart:
Morgan Stanley's bottom line:
"Trade tensions have re-emerged at a critical moment in the global cycle. Corporate confidence is weak, and we argue that the outcome of trade talks
will be key to the global growth outlook."
As a result, the meeting
between the US and China at the G20 summit now carries an extreme level of
importance because "with the latest developments
suggesting that trade escalation is still in play, the impact of trade tensions
on the global cycle should not be underestimated."
….
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"The bond market still hasn’t figured this out yet.
They still think that we’re going to follow the playbook from the last
financial crisis. We’re not.”
The bond market is betting on a
recession and that the Fed will slash rates.
Now, the market is correct. We are going into
recession and the Fed is going to respond to this recession the same way it
responds to all recessions that it causes, and that is by doing more of
what caused it, which is slashing interest rates back to zero. But what the
markets, I think, have got wrong is the reaction. Because the recession we’re
going to get this time is going to be stagflation. We
are not going to have stable prices or a drop in the official inflation rate.Inflation is going to rise. And that means
bond prices are going to fall. And that is going to exacerbate the
severity of the next recession.”
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Outflows over the last 6 months in
dollar terms have now been larger than over any prior 6-month period.
See Chart:
Global
Equities Funds Flow ($Bll, 6m Sum)
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"Trump has really opened this can of worms."
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US DOMESTIC POLITICS
Seudo democ duopolico in US is
obsolete; it’s full of frauds & corruption. Urge cambio
We'll take your tired, your poor, your huddled
masses - just stay over
there.
====
...less
than half of all eighth graders in
NY state are proficient in English
language arts and math...We see this same type of result across the country.
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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
Israeli intelligence pressured US officials to find legal loopholes...
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"It is
foreseeable that the latest U.S. tariff hikes on China, far from resolving
issues, will only make things worse for all sides,"according to a just published white paper by Beijing.
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Pompeo ratchets up European pressure campaign
during 5-day tour...
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This might be the first step toward breaking up big tech.
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"If
the whole rotted-out edifice comes
crashing down, there won’t be enough coerced taxpayer dollars anymore to
save the Plutocrats, with their limitless greed and power. Maybe then the best can have a chance to be
first."
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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
VIENTO SUR
Mapa político en Madrid tras las elecciones
Brais Fernández
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RT EN ESPAÑOL
- Trump acusa a México de "abusar" de EE.UU. durante décadas
- Irán a EE.UU.: "Y si enviáramos buques a la costa de California o de Florida, ¿cómo se sentirían?"
- ¿Efecto de la guerra comercial? Huawei ya no sabe si será el mayor vendedor de 'smartphones' en 2020
- Kim Jong-un asiste a un concierto con el oficial 'castigado' por el fracaso de la cumbre con Trump
- Trump acusa a Rusia, Siria e Irán de llevar a cabo una "carnicería" en Idlib
- EE.UU. realiza maniobras militares cerca de Irán en medio de las tensiones
- Reportan un ataque de misiles contra un aeródromo militar de Siria
- Pekín realiza ejercicios militares en el mar de la China Meridional
- Se aproxima un nuevo eclipse solar total que será visible en gran parte de Sudamérica
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GLOBAL
RESEARCH
Geopolitics & Econ-Pol
crisis that leads to more business-wars from US-NATO allies
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PRESS
TV
Resume of Global News described by Iranian observers..
Tengo la sospecha de que RU esta ayudando a ISR
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