Tag Archive: Featured

Here’s What Donald Trump Should Do Before Inauguration Day

2020-11-15

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2020-11-15

Audio Mises Wire
Even if he loses, Donald Trump still has time to change military policy, pardon allies, unseat the Federal Reserve Board of Governors, and throw a wrench in the deep state apparatus. Original Article: "Here’s What Donald Trump Should Do Before Inauguration Day​". This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

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‘Artificial intelligence won’t replace humans’

2020-11-14

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2020-11-14

Artificial intelligence (AI) is gaining ground in our societies, posing a threat to jobs and increasingly invading our private lives. A new centre for AI research at the federal technology institute ETH Zurich wants to put people at the centre of its work.

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Covid: Switzerland to spend 100 million francs more on vaccines

2020-11-14

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2020-11-14

Switzerland’s federal government has increased the amount of money earmarked for SARS-CoV-2 vaccines by CHF 100 million, bringing the total to CHF 400 million.

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Curt Carlson on Innovation Champions

2020-11-14

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2020-11-14

Austrian economics sees an economy in motion, perpetually renewing itself. Economic agents (firms, customers, investors) constantly change their actions and strategies in response to outcome they mutually create. This further changes the outcome, which requires them to adjust afresh.

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“The Great Reset” Already Happened

2020-11-14

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2020-11-14

Shares of gross domestic Income,1960-2020
Put another way: the elites have cannibalized the system so thoroughly that there's nothing left to steal, exploit or cannibalize. The global elites' techno-fantasy of a completely centralized future, The Great Reset, is addressed as a future project. Too bad it already happened in 2008-09. The lackeys and toadies tasked with spewing the PR are 12 years too late, and so are the critics listening to the PR with foreboding.

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Covid, November 13: 553 deaths in Switzerland this week as infection rate slows

2020-11-13

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2020-11-13

Daily Fatalities Switzerland, November 13
Over the 7 days to 13 November 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 553 deaths among laboratory-confirmed Covid-19 cases, bringing the death toll to 1,229 since summer and 2,960 since the beginning of the year. © Sudok1 | Dreamstime.comThe 553 reported deaths this week represent 19% of the total so far, making the last 7 days the deadliest 7-day period since the virus arrived in Switzerland. There are...

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FX Daily, November 13: Greenback Pares this Week’s Gains while the Turkish Lira Continues to Squeeze Higher

2020-11-13

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2020-11-13

Overview: The largest bourses in the Asia Pacific region followed the US equity market lower, with the Nikkei posting its first loss in nine sessions. China, Hong Kong, and Australia moved lower as well. On the week, the MSCI Asia Pacific Index gained about 1% after rising 6.3% in the prior week.

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FINMA veröffentlicht Risikomonitor 2020

2020-11-13

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2020-11-13

Die Eidgenössische Finanzmarktaufsicht FINMA veröffentlicht den Risikomonitor 2020. Sie gibt damit einen Überblick über die aus ihrer Sicht aktuell bedeutendsten Risiken für die Beaufsichtigten und beschreibt den daraus abgeleiteten Fokus der Aufsichtstätigkeit. Die FINMA identifizierte im Corona-Jahr sieben Hauptrisiken. Neu auf der Liste sieht die FINMA drohende Ausfälle oder Korrekturen bei Unternehmenskrediten und -anleihen im Ausland.

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Public worker absenteeism costs Geneva 285 million francs a year

2020-11-13

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2020-11-13

Public worker absenteeism in Geneva costs at least CHF 285 million, according to Heidi.news, which calculated the sum based on information contained in an internal document.

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Dollar Softens Ahead of CPI Data

2020-11-13

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2020-11-13

US HY Yield, 2020
Pressure on the dollar has resumed; October CPI data will be the US highlight; US bond market was closed yesterday but yields have eased a bit today. Weekly jobless claims data will be reported; monthly budget statement for October will hold some interest; Mexico is expected to cut rates 25 bp to 4.0%; Peru is expected to keep rates steady at 0.25%.

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Prepare For ‘No-Deal Brexit’ – Own Physical Gold To Protect Your Wealth

2020-11-13

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2020-11-13

The Brexit deadline of December 31st, the date beyond which the transition or implementation period cannot be extended, now looms large and the dreaded “No-Deal” Brexit outcome looks increasingly possible by the day.

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FX Daily, November 12: Nervous Calm in the Capital Markets

2020-11-12

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2020-11-12

There is a nervous calm in the capital markets today.  The equity rally in the Asia Pacific region stalled to end an eight-day rally, though the Nikkei's rally remains intact. 

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Second lockdown in Europe

2020-11-12

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2020-11-12

As the long-awaited “second wave” of the corona pandemic sweeps through Europe, another round of severe restrictions, travel bans and rules that prevent the proper function of international business and trade threatens to once again disrupt all kinds of sectors, including the gold industry. 

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Yes, Virginia, There Is An Alternative, 11 November

2020-11-12

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2020-11-12

Gold Basis and the Dollar Price
On Monday the dollar had a ferocious rally, moving up from 15.87mg gold to 16.77mg and from 1.21g silver to 1.32g. In mainstream terms, the price of gold dropped about a hundred bucks, and the price of silver crashed $2.20.

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Swiss multinationals: global heavyweights in high-risk sectors

2020-11-12

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2020-11-12

Home to big players in the raw materials, food and chemicals industries, Switzerland boasts one of the world’s highest concentrations of multinational headquarters.

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The Prices And Costs Of What Xi Believes He’s Got To Do

2020-11-12

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2020-11-12

China Exports, 1995-2020
It does seem, at first, a huge contradiction. On the one hand, what we know so far of China’s 14th 5-year plan apparently will lean heavily on new technologies not-yet invented to rescue the country’s economy from the pit of de-globalization the eurodollar system had thrown it into years ago.

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Everything You Don’t Want to Know About Covid Vaccines (Because You Can’t Be Bullish Anymore)

2020-11-12

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2020-11-12

In such a highly polarized, politicized environment, is such a scrupulously objective study even possible? Now that we've had the happy-talk about Pfizer's messenger-RNA (mRNA) vaccine (and noted that Pfizer's CEO sold the majority of his shares in the company immediately after the happy-talk), let's dig into messenger-RNA (mRNA) vaccines which are fast approaching regulatory approval. Some people have concluded vaccines are not safe,...

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FX Daily, November 11: Reduced Risk of Negative Policy Rates Lifts Sterling and the Kiwi

2020-11-11

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2020-11-11

Overview:  Investors are trying to figure out the impact of the likelihood of a vaccine. One thing that has happened is that the market perceives less chance that the UK or New Zealand will adopt negative rates, and their respective currencies are adjusting higher.  Meanwhile, the equity rally is continuing in Asia and Europe.

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Raiffeisen pulls out of Swiss Bankers Association

2020-11-11

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2020-11-11

Raiffeisen, Switzerland’s third-largest banking group, says it will leave the Swiss Bankers Association (SBA) at the end of March 2021. It intends to represent its interests independently.

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Dollar Consolidates, Weakness to Resume

2020-11-11

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2020-11-11

Turkish Asset Prices, 2020
Despite rising infections worldwide, the virus news stream has turned positive; the dollar is consolidating its gains today. With the 10-year yield rising to near 1.0%, US financial conditions are tightening; the Fed released its Financial Stability report yesterday and it pulled no punches; with the Fed media embargo over, many officials will speak today.

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