Tag Archive: Featured

Referendum: Swiss to vote on ending EU agreement

2020-09-17

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2020-09-17

On 27 September 2020, Swiss voters have many decisions to make. This time the list of votes includes decisions on fighter jets, hunting, tax deductions for child care and paternity leave. Probably the most important among them is a decision on whether to accept a proposal to end the EU agreement on the free movement of people between Switzerland and the bloc, known as the Limitation Initiative.

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Medical Reimbursement Accounts

2020-09-17

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2020-09-17



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The Evidence Keeps Piling up: Lockdowns Don’t Work

2020-09-17

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2020-09-17

Audio Mises Wire
Extraordinary measures require extraordinary evidence. Have the advocates for lockdowns made their case? The data suggests they have not. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: "The Evidence Keeps Piling up: Lockdowns Don’t Work".

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Crypto Nation Switzerland evades Covid’s clutches (for now)

2020-09-17

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2020-09-17

The Swiss blockchain industry appears to be in rude health despite the economic fallout of the coronavirus pandemic. The number of new companies and jobs produced by the sector increased in the first six months of the year. Is this trend set to last?

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FX Daily, September 16: Dollar Eases Ahead of the FOMC

2020-09-16

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2020-09-16

Overview:  The dollar has been sold against nearly all the world's currencies ahead of what is expected to be a dovish Federal Reserve, even if no fresh action is taken. The Scandis and Antipodean currencies are leading the majors. 

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Swiss Producer and Import Price Index in August 2020: -3.5 percent YoY, -0.4 percent MoM

2020-09-16

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2020-09-16

Switzerland Producer Price Index (PPI) YoY, August 2020
The Producer and Import Price Index fell in August 2020 by 0.4% compared with the previous month, reaching 97.9 points (December 2015 = 100). This decline was due in particular to lower prices for chemical and pharmaceutical products. Compared with August 2019, the price level of the whole range of domestic and imported products fell by 3.5%.

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Sacrifice for Thee But None For Me

2020-09-16

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2020-09-16

Workers share of national income, 1994-2020
The banquet of consequences for the Fed, the elites and their armies of parasitic flunkies and factotums is being laid out, and there won't be much choice in the seating. Words can be debased just like currencies. Take the word sacrifice. 

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Merger rumours boost UBS and Credit Suisse shares

2020-09-16

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2020-09-16

Shares of Credit Suisse and UBS moved to the top of SMI stocks on Monday morning after a media report said the Swiss banks were planning a merger.

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Coronavirus: no quarantine for people entering Switzerland from border regions

2020-09-16

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2020-09-16

On 11 September 2020, Switzerland’s federal government announced that people entering Switzerland after spending time in regions next to the country’s national borders will be exempted from mandatory quarantine requirements should those regions end up with high rates of infection. Cross-border worker are already exempted from quarantine requirements.

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Gold is Looking Strong as it Tests Resistance

2020-09-16

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2020-09-16

Gold Tests Resistance
Since it’s sell-off from it’s early August high, gold has been stuck in an ever decreasing range. Having had a remarkable rally to an intra-day high of $2,078 on the 7th of August Gold has traded sideways and consolidated. This has been viewed by many market commentators as a healthy pause in gold’s bull rally as when markets go parabolic they tend to retrace just as fast.

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Swiss wind power held up by legal challenges

2020-09-16

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2020-09-16

For a decade, wind energy in Switzerland has been stalled. Opponents have used every possible means to stop projects. At the end of September, one community will vote on the future of this kind of energy.

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China’s Hole Puzzle

2020-09-16

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2020-09-16

China Fixed Asset Investment, 2012-2020
One day short of one year ago, on September 16, 2019, China’s National Bureau of Statistics (NBS) reported its updated monthly estimates for the Big 3 accounts. Industrial Production (IP) is a closely-watched indicator as it is relatively decent proxy for the entire goods economy around the world. Retail Sales in the post-Euro$ #2 context give us a sense of the Chinese economy’s persistent struggle to try to “rebalance” without the pre-2008 boost...

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FX Daily, September 15: The Dollar Softens Ahead of the FOMC

2020-09-15

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2020-09-15

The capital markets are relatively quiet so far today as the FOMC meeting gets underway. Equity markets in the Asia Pacific region, but Japan and Australia advanced, and the regional benchmark rose for the fourth consecutive session. European stocks are a little firmer. 

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Switzerland ranked 4th for economic come back, according to study

2020-09-15

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2020-09-15

A report published this week places Switzerland fourth on a list of countries best positioned to make an economic rebound after the coronavirus downturn. The analysis looks at overall health resilience, pre-existing structural strengths and weaknesses in 122 countries.

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It’s Far Too Late to Think Lockdowns Can Make Covid-19 Go Away

2020-09-15

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2020-09-15

In the early days of the coronavirus crisis, the rationale given for lockdowns was that it was necessary to stay at home for "fifteen days to slow the spread." The idea was that social distancing was necessary so that hospitals and other healthcare resources would not be overwhelmed.

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Inflation Karma

2020-09-15

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2020-09-15

CPI Changes on Energy, 1995-2020
There is no oil in the CPI’s consumer basket, yet oil prices largely determine the rate by which overall consumer prices are increasing (or not). WTI sets the baseline which then becomes the price of motor fuel (gasoline) becoming the energy segment. As energy goes, so do headline CPI measurements.

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The US Dollar Collapse Is Greatly Exaggerated

2020-09-15

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2020-09-15

The US Dollar Index has lost 10 percent from its March highs and many press comments have started to speculate about the likely collapse of the US dollar as world reserve currency due to this weakness. These wild speculations need to be debunked.

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FX Daily, September 14: UK Presses Ahead, China Strikes Out at German Pork Producers, and Moody’s Weighs on Turkey

2020-09-14

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2020-09-14

A flurry of deals, including the still-evolving Oracle-TikTok tie-up, helped lift equity markets in the Asia Pacific region. South Korea's Kospi, and Indonesia, which had been battered last week, led the advance. The MSCI Asia Pacific Index rose for the third consecutive sessions. European bourses are little changed while US stocks are firmer.

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Wieviel Hypothek?

2020-09-14

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Wir machen ein paar Rechnungen für Sie, um mögliche Risiken zu quantifizieren.

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Hayek’s Plan for Private Money

2020-09-14

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2020-09-14

The most famous Austrian economist is 1974 Nobel laureate Friedrich Hayek. Because of his moderate views excusing state interventions in various circumstances, hardcore Rothbardians tend to regard Hayek as less than pure in many areas.

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