Coronavirus: Swiss health authority adds pregnant women to risk list

After a number of recent studies that suggest pregnant women are exposed to higher risks from the SARS-CoV-2 virus, Switzerland’s Federal Office of Public Health (FOPH) adds them to the list of people vulnerable to Covid-19. The FOPH reached its recent conclusion based on discussions with the Swiss society of gynecology and obstetrics. The society sets out the findings of a number of studies in a report.

Fed and ECB Money Printing Helps SNB Back into Positive Territory

Fed and ECB money printing and massive fiscal stimulus help the SNB to come back into positive territory for the year. The renewed asset price inflation compensate for losses on the US dollar.

Short Term Weakness Likely Prior To A “Massive Short Squeeze Propels” Gold and Silver “To Much Higher Levels” – GoldCore

Gold and silver are set for a 5% and 6% gain this week and a significant 11% and 30% gain in the month of July.

Ralph Welborn on the Ecosystem-Based Strategy

Key Takeaways and Actionable Insights Business strategy and business model design has traditionally been firm-centric. Entrepreneurs are called upon to establish firms, to make the firm the locus of value creation through value proposition design, assembly of resources, and production; and to ensure competitive advantage in comparison to rival firms pursuing the same customers. There is an entirely different way to approach economic value...

Swiss Consumer sentiment makes a strong recovery but remains below average

Consumer sentiment in Switzerland has largely recovered from its slump in April. Expectations regarding general economic development have improved, but those regarding the labour market remain very negative. Accordingly, respondents believe that now is not a good time to make major purchases.

Coronavirus: Swiss health authority adds pregnant women to risk list

After a number of recent studies that suggest pregnant women are exposed to higher risks from the SARS-CoV-2 virus, Switzerland’s Federal Office of Public Health (FOPH) adds them to the list of people vulnerable to Covid-19. The FOPH reached its recent conclusion based on discussions with the Swiss society of gynecology and obstetrics. The society sets out the findings of a number of studies in a report.

FX Daily, August 07: Position Adjustment Dominates ahead of US/Canada Employment Reports

Escalating dramas may be behind the position adjustment today ahead of the US jobs data. The US and China feud expanded beyond Tiktok to WeChat, and efforts to tighten disclosure rules for Chinese companies listed in the US are nearing. The negotiations between the White House and the Democrats broke down, preventing or at least delaying additional stimulus. 

If the “Market” Never Goes Down, The System Is Doomed

"Markets" that never go down aren't markets, they're signaling mechanisms of the Powers That Be. Markets are fundamentally clearing houses of information on price, demand, sentiment, expectations and so on--factual data on supply and demand, shipping costs, cost of credit, etc.--and reflections of trader and consumer emotions and psychology.

Game Over Spending

Coming and Going Like a Wildfire. Second quarter 2020 came and went like a California wildfire.  The economic devastation caused by the government lock-downs was swift, the destruction immense, and the damage lasting.  But, nonetheless, in Q2, the major U.S. stock market indices rallied at a record pace.

Technically Speaking: COT Positioning – Back To Extremes: Q2-2020

As discussed in Is It Insanely Stupid To Chase Stocks, the market has gotten quite ahead of the fundamentals as money continues to chase performance. In the Q2-2020 review of Commitment Of Traders report (COT,) we can see how positioning has moved back to extremes.

Impressive Swiss Recovery After SNB Peg Removal

Retail data shows that the SNB peg removal in January 2015 as early as April 2015 with minimal adverse impact on the economy. Trade surplus showed that Switzerland had fully recovered its lost trade surplus in May and expectations crossed an important threshold into positive territory in June. CHF strengthened since May end, as the market caught wind of the Swiss recovery, and the Grexit would further strengthen the CHF if it were to occur.

Swiss Franc History: The Gold Standard and Bretton Woods

In this post we will show the history of the Swiss Franc until 1971, a monetary era driven by the gold standard and the Bretton Woods period, both periods with nearly fixed exchange rates.

Mainstream Economics , The Medium Run

Weak Yen, Is it Really a Currency War?

Some journalists, like Ambrose Evans-Pritchard of the U.K.'s Telegraph and Michael Casey of the Wall Street Journal, have already claimed this to be a shot in the currency wars. Casey focuses exclusively on the BOJ activity and does not even mention GPIF.