by George Dorgan
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Still in September, SNB’s Zurbrügg was speaking of negative rates and deflationary risks in Switzerland. At that presentation we told him that deflationary risks were absurd given rising M1/M3, higher salaries and strongly rising home prices . Now he admits that negative rates will not come.
George Dorgan (penname) predicted the end of the EUR/CHF peg at the CFA Society and at many occasions on SeekingAlpha.com and on this blog. Several Swiss and international financial advisors support the site. These firms aim to deliver independent advice from the often misleading mainstream of banks and asset managers.
George is FinTech entrepreneur, financial author and alternative economist. He speak seven languages fluently.
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Tags: negative interest,negative interest rate
