Tag Archive: Featured

Dollar Firm at Start of Very Eventful Week

Oil prices continue their rapid decline due to both supply and demand concerns; the dollar is trading at the top end of recent trading ranges. This is one of the most eventful weeks for the markets in recent memory; one day ahead of the elections, the implied odds remain roughly at the same levels as they have been for the last few weeks; October ISM manufacturing PMI will start the ball rolling for a key US data week.

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Jeff Deist on Hoppe’s Democracy: The God That Failed

Why don't elections bring harmony and closure rather than ever greater political friction? Hans-Hermann Hoppe explained all of the fundamental problems with mass democracy more than 20 years ago in Democracy: The God That Failed.

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Recovery: GDP vs MPoD, 2 November

On Wednesday last week, the price of silver dropped from over $24.25 to just a bit over $23 before bouncing back to around $23.50. The next day, the price dropped again, briefly to around $22.60 before mostly recovering (but a dime to a quarter down).

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17 States that Charge Estate or Inheritance Taxes

Death tax, inheritance tax, estate tax—call it what you will, they all mean that some government entity wants to put its hand in your pocket or your heirs’ pockets, after your demise.

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Romeo Lacher and Christoph Mäder nominated for election to the SNB Bank Council

At its meeting today, the Bank Council of the Swiss National Bank decided to propose to the General Meeting of Shareholders of 30 April 2021 that Romeo Lacher and Christoph Mäder be elected to the SNB Bank Council for the remainder of the 2020–2024 term of office. Romeo Lacher is Chairman of the Board of Directors of Julius Baer Group Ltd. and Bank Julius Baer & Co. Ltd.

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Sollte man in Aktien oder in ETFs investieren?

In unserem neuen Video sprechen Stefan Waldhauser und ich über die Frage, ob aktives Stock-Picking in Einzelaktien oder passives Investieren besser ist und höhere Renditen liefert. Weiterführende Links: ✅ Stefan Waldhauser - Bringen Technologieaktien dauerhaft höhere Renditen: https://www.high-tech-investing.de/post/stock-picking-etf-outperformance ❌ Gerd Kommer - Haben Technologieaktien dauerhaft höhere...

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Covid: Swiss government announces new measures

On 28 October 2020, after a record number of 8,616 daily new cases of infection were reported, Switzerland’s federal government announced new measures to fight against the spread of Covid-19. These rules come into effect from Thursday 29 October 2020.

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Coronavirus: a record 9,386 new daily cases in Switzerland

On 29 October 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 9,386 new cases of SARS-CoV-2 infection over 24 hours, bringing the total to 145,044.

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Understanding the Proper Meaning of “Equality”

Nowhere is the difference between the reasoning of the older liberalism and that of neoliberalism clearer and easier to demonstrate than in their treatment of the problem of equality. The liberals of the eighteenth century, guided by the ideas of natural law and of the Enlightenment, demanded for everyone equality of political and civil rights because they assumed that all men are equal.

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Populism Worked for the Pro-Freedom Party in the Past. Can It Work Again?

Although he was a scholar with degrees in mathematics and economics, Murray Rothbard was very much a fan of the American layman. Indeed, he was a populist both in temperament and in his political views. In a 1992 column outlining his populist strategy, Rothbard noted the importance of reaching out to the general public and especially to those groups that were most negatively impacted by state power.

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SNB Profit in Q1 to Q3 2020: CHF 15.1 billion Despite Covid19

The Swiss National Bank reports a profit of CHF 15.1 billion for the first three quarters of 2020. We explain why these profits are possible.

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Switzerland cuts its quarantine list as infections rise steeply

On 28 October 2020, Switzerland’s federal government removed all but 6 nations/regions from its quarantine list, effective from 29 October 2020.

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Novartis boosts involvement in anti-Covid treatment

The biotech company and the pharmaceutical giant want to develop and market a drug with a unique approach for the prevention and treatment of Covid-19.

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Unless the US stops printing money, the dollar will collapse

Claudio Grass (CG): This crisis has shaken a lot of industries and core functions of the global economy and international trade. How do you assess its impact on the most important part of the machine, the banking system? Do you see risks there that investors should be worrying about?

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Dollar Bid as Markets Steady Ahead of ECB Decision

Global equity markets are gaining limited traction today after yesterday’s bloodbath; that sell-off helped test a now prevalent hedging thesis for investors. The dollar remains bid; US Q3 GDP data will be the data highlight; weekly jobless claims will be reported.

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No, the American Republic Was Not Founded on Slavery

The fact that some Americans supported slavery in the eighteenth century is not at all remarkable. Most of the world agreed with them. What is remarkable is that many of them sought to abolish slavery in the new republic. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: "No, the American Republic Was Not Founded on Slavery".

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FX Daily, October 30: Investors Scared Before Halloween

Investors punished US tech giants for not delivering perfection as prices apparently had discounted, and the subsequent sell-off coupled with month-end dynamics has rocked global equities.  Asia Pacific bourses were a sea of red, led by a 2.5% decline in the tech-heavy South Korean Kospi, but most major markets were off more than 1%. 

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2020-10-30 – Swiss Financial Accounts: quarterly data published for first time

The Swiss National Bank is expanding its data offering with respect to Switzerland’s financial accounts. It will now publish quarterly as well as annual data, and the time to publication will be shortened from ten to four months.

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Swiss Retail Sales, September 2020: 0.3 percent Nominal and 0.3 percent Real

30.10.2020 - Turnover adjusted for sales days and holidays rose in the retail sector by 0.3% in nominal terms in September 2020 compared with the previous year. Seasonally adjusted, nominal turnover fell by 3.6% compared with the previous month.

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ALICE Doesn’t Work Here Anymore

What the political class and the Financial Nobility don't yet grasp is that ALICE will never go back to her insecure, low-wage job, ever.

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