Monthly Archive: April 2016

Federal Devolution

2016-04-01

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2016-04-01

  Leaning Into the Wind BALTIMORE – During our lifetime, three Fed chiefs have faced a similar challenge. Each occupied the chairman’s seat at a time when “normalization” of interest rates was in order.   Recently, we remembered William McChesney Mar...

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February Swiss Retail Sales -0.3percent YoY(Real), Core Retail Sales +0.3percent

2016-04-01

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2016-04-01

01.04.2016 09:15  - FSO, Economic Surveys (0353-1603-20) Retail trade turnover in February 2016 Neuchâtel, 01.04.2016 (FSO) – Turnover in the retail sector fell by 0.9% in nominal terms in February 2016 compared with the previous year. Seasonally adj...

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The Voldemort Effect: Gold Price and Gold Sales

2016-04-01

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2016-04-01

Gold market analysts have for many years puzzled over the unusual behaviour of the gold market during the 1990s, specifically the bizarrely flat gold price from 1993 to 1996 in the face of sustained selling pressure from central banks and gold miners...

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The Path to the Final Crisis and Negative Rates

2016-04-01

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2016-04-01

  Reader Questions on Negative Interest Rates Our reader L from Mumbai has mailed us a number of questions about the negative interest rate regime and its possible consequences. Since these questions are probably of general interest, we have decided ...

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