Category Archive: 2) Swiss and European Macro

Main Author George Dorgan
George Dorgan
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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Europe chart of the week – UK GDP growth

2018-07-13

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2018-07-13

UK monthly GDP Jun 2016-Jun 2018
Short-term rebound in the UK, driven by services.The Office for National Statistics (ONS) published this week a new rolling monthly estimate of UK GDP. The release pointed to a rebound of growth in Q2 (quarterly data will be published on August 8). According to the ONS, the rolling three-month growth to end-May was 0.2%, compared to 0% in the three months to end-April (see chart below).Looking at the details, the services sector (79% of the...

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Research and Development: Federal Expenses and Staff in 2017

2018-07-12

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2018-07-12

R & D expenditures of the federal government, 2004-2017
In 2017, the Confederation spent CHF 2.2 billion on research and experimental development (R&D). This represents a 7% increase compared with 2015, the year of the previous survey. This is a record amount, mainly paid in the form of contributions to support research activities. Over the same period, Confederation personnel employed in R&D activities declined by 4%, reaching 875 jobs in full-time equivalents.

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Merkel, Trump, China… alles egal?

2018-07-11

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► TIPP: Sichere Dir wöchentlich meine Tipps zu Gold, Aktien, ETFs & Co. – 100% gratis: http://lars-erichsen.de/ Merkel, Trump, China…wisst ihr, dass ist mir eigentlich alles egal. Es gibt, wenn wir über die Aktienanlage sprechen, ganz andere Faktoren auf die wir achten sollten und bei denen es ganz wichtig ist, dass wir uns von den …

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Yanis Varoufakis: Has capitalism failed us? | On Civil Society | May 18, 2018.

2018-07-11

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“Money is a political construct, a construct of community, a construct of a society, that must be political. And if we do not control this, by definition, political force, because money is a force—it makes the world go round, as we know—if this political force it not controlled democratically, then we do not live in …

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Europa nach der Euro-Krise – Impuls von Peter Bofinger

2018-07-11

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EUROPA IM AUFSCHWUNG – ERGEBNIS ERFOLGREICHER KRISENPOLITIK? Peter Bofinger, Universität Würzburg und Sachverständigenrat für Wirtschaft Wo stehen die Eurozone und ihre Mitgliedsstaaten heute konjunkturell? Welche wirtschaftspolitischen Maßnahmen zur Überwindung der Krise in der Eurozone haben gewirkt, welche nicht? Diese und weitere Fragen wurden auf unserer Europa-Konferenz am 12. Juni 2018 in Berlin diskutiert. Weitere Informationen …...

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Switzerland Unemployment in June 2018: Up to 2.4percent from 2.3percent, seasonally adjusted up to 2.6percent from 2.5percent

2018-07-10

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2018-07-10

Switzerland Unemployment Rate n.s.a., Aug 2013 - Jul 2018
Registered unemployment in June 2018 - According to SECO surveys, at the end of June 2018, 106,579 unemployed were registered at the regional employment agencies (RAV), 2,813 less than in the previous month. The unemployment rate remained at 2.4% in the month under review. Compared with the same month last year, unemployment fell by 27,024 people (-20.2%).

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Commerzbank fliegt aus dem DAX: Jetzt kaufen?

2018-07-09

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► TIPP: Sichere Dir wöchentlich meine Tipps zu Gold, Aktien, ETFs & Co. – 100% gratis: http://lars-erichsen.de/ Die Commerzbank fliegt – allem Anschein nach – aus dem Dax. Sollte man die Aktie vielleicht genau deshalb jetzt kaufen? In diesem Video nenne ich euch die konkrete Kaufmarke, bei der man aus meiner Sicht als spekulativer Anleger …

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Euro area: a slight rebound

2018-07-08

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2018-07-08

Eurozone Markit PMI, 2010 - 2018
The final reading for the euro area composite Purchasing Managers’ Index (PMI) rose from 54.1 in May to 54.9 in June, slightly higher than the initial estimate of 54.8. However, the manufacturing PMI fell further, to an 18-month low of 54.9, due to weakness in France and Germany.

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Prof. Heiner Flassbeck – Die EUROKRISE bricht wieder auf

2018-07-08

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Heiner Flassbeck studierte von 1971 bis 1976 Volkswirtschaft an der Universität des Saarlandes. Als Assistent am Lehrstuhl von Wolfgang Stützel beschäftigte er sich schwerpunktmässig mit Währungsfragen. Bis 1980 war er im Assistentenstab des Sachverständigenrates zur Begutachtung der gesamtwirtschaftlichen Entwicklung. 1987 promovierte er zum Dr. rer. pol. an der Freien Universität Berlin. Thema seiner Dissertation: Preise, …

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Credit Suisse: “Our Risk Appetite Index Is Near Panic”

2018-07-07

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2018-07-07

Next Month, Another Mishap
Sure, it's been a bad year for investors, with the S&P posting the smallest of gains in the first half (all of which thanks to tech stocks) after several hair-raising, monthly incidents including February's vol-spike, April's real yield scare, May's Emerging Market massacre and June's trade war fears as shown in the following Citi chart...

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Grecia exministro Yanis Varoufakis presenta su nuevo partido político

2018-07-06

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26 μαρτίου 2018 – Ιδρυτική Συνδιάσκεψη ΜέΡΑ25

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UBI Supporter : Yanis Varoufakis – Greek Economist, Academic & Politician

2018-07-05

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Yanis Varoufakis : “Artificial intelligence will necessitate a Universal Basic Income.” #BasicIncome source : https://www.youtube.com/watch?time_continue=7&v=BJapiiBcHPs

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Swiss Consumer Price Index in June 2018: +1.1 percent YoY, Stable MoM

2018-07-05

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2018-07-05

Switzerland Consumer Price Index (CPI) YoY, June 2018
The consumer price index (CPI) remained stable in June 2018 compared with the previous month, reaching 102.1 points (December 2015=100). Inflation was 1.1% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).

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Gold: Absturz! Was tun?

2018-07-04

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► TIPP: Sichere Dir wöchentlich meine Tipps zu Gold, Aktien, ETFs & Co. – 100% gratis: http://lars-erichsen.de/ Gold stürzt immer weiter ab! Was soll ich nun als Anleger tun? Ist das für mich eine Kaufgelegenheit oder die letzte Gelegenheit auszusteigen? Ab wann sollte man Gold wieder in Erwägung und wo besser die Reißleine ziehen? Ich …

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China-Aktien: Jetzt kaufen?

2018-07-02

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► TIPP: Sichere Dir wöchentlich meine Tipps zu Aktien, Gold, ETFs & Co. – 100% gratis: http://lars-erichsen.de/ Im Zuge des Handelsstreits mit den USA, sind die China-Aktien kräftig unter Druck geraten. Ist vielleicht genau jetzt die Gelegenheit gekommen, um die Highflyer der letzten Jahre günstig einzukaufen? Das besprechen wir in diesem Video. Los geht´s! ——– …

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Swiss Retail Sales, May: +0.2 percent Nominal and -1.2 percent Real

2018-07-02

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2018-07-02

Switzerland Retail Sales YoY, May 2018
Turnover in the retail sector rose by 0.2% in nominal terms in May 2018 compared with the previous year. Seasonally adjusted, nominal turnover fell by 1.2% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).

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KOF Economic Barometer, June: Economic Outlook Improves Slightly

2018-06-29

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2018-06-29

KOF Economic Barometer, June 2018
The KOF Economic Barometer rose again in June for the first time in three months. It increased by 1.7 points to 101.7 points, stopping its downward tendency in spring. The current Barometer value is now slightly above the long-term average of 100.0. Thus, the KOF Economic Barometer indicates a slightly above-average economic development in Switzerland. The tailwind for the Swiss economy is no longer as strong as during winter.

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Tourism Balance of Payments Slightly Negative in 2017

2018-06-29

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2018-06-29

T1 Einnahmen und Ausgaben, 2017 (in Mio. Franken)
For the second consecutive year, the tourism balance of payments was negative in 2017. This means that expenditure by Swiss residents during visits abroad exceeded the expenditure of non-residents during their stay in Switzerland. In an economic climate still marked by a strong franc, the tourism balance of payments was CHF -122 million, according to initial estimates from the Federal Statistical Office (FSO).

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Yanis Varoufakis & Noam Chomsky at New York Public Library (26th April)

2018-06-28

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“Elections cannot be allowed to change the economic policy of any country” opposition says to Varoufakis. This, according to Varoufakis, is the greatest gift to communist party of China because they believe this too. Yanis Varoufakis is a Greek economist, academic and politician, who served as the Greek Minister of Finance from January to July …

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Peter Voß fragt Hans-Werner Sinn

2018-06-28

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Staatsschulden: Zement oder brüchiger Kitt? Peter Voß fragt Hans-Werner Sinn Wird sich im Sprachgebrauch neben dem “Schwarzen Freitag” (1929) auch der “Schwarze Juni” als Redensart einbürgern? Für den Ökonomen Hans-Werner Sinn steht das fest. Der Juni diesen Jahres sei Startpunkt einer “Abwärtsspirale” gewesen, aus der wir uns nicht mehr befreien können, so Sinn. Alexander Hamilton …

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