Traditional working model hampers Swiss women’s careers

Swiss women are losing out when it comes to achieving managerial positions compared to their male colleagues and female peers from other countries. The common Swiss working model of women taking over childcare and men working full-time makes it harder for Swiss mothers to climb up the career ladder.

Weekly SNB Sight Deposits and Speculative Positions: SNB buying euros at high prices

Update August 10, 2020: SNB buying euros at high prices. Sight Deposits have risen by +2.1 bn CHF, this means that the SNB is intervening and buying Euros and Dollars: The change is +2.1 bn. compared to last week.

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.

The Dollar Is Dying

Insulting the Captive Audience. This week, while perusing the Federal Reserve’s balance sheet figures, we came across a rather curious note.  We don’t know how long the Fed’s had this note posted to its website.  But we can’t recall ever seeing it.

House View, August 2020

We have revised up our euro area GDP forecast for 2020 to -8.5%, mainly due to improving data in Germany, which is better positioned to recover rapidly from the downturn than its European peers. Meanwhile, the US economy has shown signs of flatlining amid escalating covid-19 cases in the South. Consumer confidence has taken a hit, while weekly unemployment claims have been rising again.

Traditional working model hampers Swiss women’s careers

Swiss women are losing out when it comes to achieving managerial positions compared to their male colleagues and female peers from other countries. The common Swiss working model of women taking over childcare and men working full-time makes it harder for Swiss mothers to climb up the career ladder.

Speculative Positioning in Selected Currency Futures

With the media playing up the US dollar's negatives, one would think speculators are short the greenback like there is no tomorrow. Yet a review of the Commitment of Traders report that covers the week through last Tuesday, August 4, shows that this is not really the case.

SPECIAL REPORT: Follow The Money – Volume 5

If the recession was the first “shoe to drop”, what’s the second…or third? The shock of the self-inflicted COVID recession is behind us. What we’re all wondering now is what comes next? Will the economy recover to its previous state? Something better? Something worse? That will be determined by the second and third-order effects and they are already starting.

The Dollar Is Dying

Insulting the Captive Audience. This week, while perusing the Federal Reserve’s balance sheet figures, we came across a rather curious note.  We don’t know how long the Fed’s had this note posted to its website.  But we can’t recall ever seeing it.

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.

The Secret History Of The Banking Crisis

Accounts of the financial crisis leave out the story of the secretive deals between banks that kept the show on the road. How long can the system be propped up for? It is a decade since the first tremors of what would become the Great Financial Crisis began to convulse global markets. Across the world from China and South Korea, to Ukraine, Greece, Brexit Britain and Trump’s America it has shaken our economy, our society and latterly our...

The Cost-Push Inflation Legend

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.