Monthly Archive: March 2025
Dollar Mostly Softer as Tariffs Implemented
Overview: The postponed US tariffs on Canada and Mexico have gone forward and China faces its second 10% tariff increase in two months. The dollar is mixed. The Swiss franc and Japanese yen are the strongest of the G10 currencies, up around 0.45%-0.60% in late European morning turnover, but the Canadian dollar is no slouch and is up about 0.35%. Canada (and China) have announced what are seen as mild initial retaliatory measures, while Mexico is...
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Asia and Europe Seem Less Keen about the Dollar than North America
Overview: The dollar rallied in the second half of last week even as interest rates fell amid a new growth scare. The 25% tariffs on Canada (10% on energy) and Mexico that were postponed a month ago, could be implemented as early as tomorrow. The only tariffs that have been imposed so far were 10% on Chinese imports, and another 10% threatened tomorrow, and apparently in April, too. The economic disruption that the tariffs and tariff threats seem...
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2025-03-03 – Annual result of the Swiss National Bank for 2024
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Wer verbirgt sich hinter der Ethereum-Technologie?
Neben dem <a href="/devisen/bitcoin-dollar-kurs">Bitcoin</a> ist <a href="/devisen/ethereum-dollar-kurs" target="_blank" rel="noopener">Ethereum</a> die wohl zweitwichtigste Kryptowährung auf dem Markt. Eigentlich nennt sich die mit der Ethereum-Plattform verbundene Kryptowährung jedoch Ether. Laut CoinMarketCap weist derzeit nur Bitcoin eine...
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March 2025 Monthly
In recent weeks, while Russia's war on Ukraine continues and Beijing continues to harass its neighbors, the U.S. tariff threats and doubts that its defense commitments will be sustained, have emerged as the most significant challenge for businesses, investors, and policymakers. These tariffs are aimed at protecting domestic industries, forcing a re-shoring of production, and raising revenue. If, and when implemented, the tariffs can be expected to...
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Is Amazon a Union-Busting Leviathan?
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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Say “No” to Nuclear Power Interventions
An August 17, 2024 article, at oilprice.com, entitled, “A New Era for Nuclear Power in the US” describes US government funding and intervening to reopen closed or closing nuclear power electric generating plants (nuclear) to support their green transition policies from the 2022 Inflation Reduction Act (IRA).The IRA provides $6 billion financial support to nuclear power plants at risk of closure—$1.2 billion per year from FY2022 through FY2026. The...
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CFNAI Index Suggests Economy Is Slowing
Inside This Week's Bull Bear Report February Weakness And The Outlook For March Last week, we discussed that continued bullish exuberance and high levels of complacency can quickly turn into volatility. Over the previous week, the market fell sharply following news of a potential viral outbreak in China and more concerns about tariffs from the …
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Tariff Increases vs. Tax Cuts
News feeds are stuffed full of reports and opinions about President Trump’s tariff increases on Mexico, Canada, China, and the EU. Then the add-on story is about the tax cut legislation—extending President Trump’s tax cuts to the coming years.The media is spinning the story as a political hot potato: can tariff increases make up for the future revenue losses from extending the income tax reductions from President Trump’s first term?This is a false...
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Nationalbank hält trotz möglicher US-Skepsis an Devisenmarkt-Politik fest
Schlegel bekräftigte auch, dass die Notenbank bei Bedarf den gegenwärtig bei 0,5 Prozent liegenden Leitzins wieder in den negativen Bereich drücken würde. «Mit Blick auf zukünftige Entscheide schliessen wir nichts aus.» Der Negativzins habe in der Schweiz in der Vergangenheit funktioniert, indem er die Attraktivität des Frankens verringerte. Auf der anderen Seite seien Negativzinsen für Sparer nicht attraktiv. Zudem habe der Negativzins das...
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