Tag Archive: Featured

Coronavirus: a record 8,600 new daily cases in Switzerland

On 28 October 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 8,616 new cases of SARS-CoV-2 infection over 24 hours, bringing the total to 135,658.

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Was Rothbard a Populist?

Why did Murray Rothbard embrace populism and why did he think it could work to limit the power of the state? In short, Rothbard believed that a small elite had seized the power of the state to fleece and oppress the majority. Rothbard was in part basing his ideas on the historical narrative of the Democratic populists of the nineteenth century who formed the party of sound money, low taxes, and decentralized power. This laissez-faire party also...

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What’s Going On, And Why Late August?

This isn’t about COVID. It’s been building since the end of August, a shift in mood, perception, and reality that began turning things several months before even then. With markets fickle yet again, a lot today, what’s going on here?

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FX Daily, October 28: Animal Spirits Called in Sick

Sickened by the surging virus, animal spirits are bed-ridden today. Several European countries are experiencing the most fatalities and illnesses in several months, and policymakers are responded with national restrictions.

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Should Covid be left to spread among the young and healthy?

Recent petitions from two groups of scientists clash over herd immunity. Тhe Great Barrington Declaration On 4 October 2020, three public health experts launched the “Great Barrington Declaration”, a petition calling on governments to protect the vulnerable and allow the young and healthy to live their lives without restrictions.

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“Unless the US stops printing money, the dollar will collapse.”

We’re less than two weeks away from the US election, and yet this sense of utter confusion, bitter political conflict, and economic uncertainty that has been ominously hovering over the nation, as well as the rest of the world, doesn’t seem to have subsided.

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ECB Preview

The ECB meets Thursday and is widely expected to stand pat until the next meeting. Macro forecasts won’t be updated until the December 10 meeting, but the bank will have to acknowledge the deteriorating outlook now.

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Dollar Bid as Markets Start the Week in Risk-Off Mode

Increasing virus numbers have pushed European governments to once again start imposing national measures; the week is starting off on a risk-off note. Today may see the official end of stimulus talks; odds for Biden victory are increasing again but is already mostly priced in.

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On Foreign Policy, Trump Is Still the Lesser Evil

The Democrats, Liz Cheney, and the Never Trumpers still want endless wars, and they hate Trump's apparent lack of enthusiasm for embracing their dreams of empire. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: "On Foreign Policy, Trump Is Still the Lesser Evil".

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FX Daily, October 27: Markets Take Collective Breath and Beijing Tweaks Fixing Mechanism

The surging pandemic sapped the risk-taking appetites as some investors hunker down for what could be a volatile period ahead.  The S&P 500 lost nearly 3% at its lows before rebounding 1% in late dealings.

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How Systems Collapse: Reaping What We’ve Sown

Don't expect healthcare or any other hollowed-out, heavily optimized system to function as it once did. A great many Americans will be shocked when our healthcare systems start failing because they believed the PR that "we have the finest healthcare system in the world.

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Coronavirus: 17,440 new cases recorded in Switzerland over the weekend

Numbers published today by the Federal Office of Public Health (FOPH) show a further 17,440 tested positive for the SARS-CoV-2 virus in Switzerland over 72 hours, a daily average of 5,813.

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Weekly View – A sure thing

Signs from last week’s SURE programme to finance partial unemployment schemes are highly encouraging for the EU’s plans for recovery fund issuance which could start, we believe, in mid-2021. Last week’s SURE issue was close to 14 times oversubscribed at a rate lower than that for French government bonds of comparable duration.

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Charitable Remainder Trusts

Alhambra's' Bob Williams describes Charitable Remainder Trusts and how they can be used as a planning tool to create a win-win for you and charities.

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Brain Death: Challenges and Responses

Does it matter if we call irreversibly comatose patients “dead?” Our guest is Doyen Nguyen, OP, MD, STD. Dr. Nguyen was previously an academic hemato-pathologist and is currently a Catholic moral theologian and bioethicist.

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FX Daily, October 26: Troubling Start of the Important Week

The surging virus ravaging large parts of Europe and the United States is fanning concerns over the economic implications as new social restrictions and curfews are announced in several countries. US additional fiscal support remains elusive as aid for states and local governments remains a bone of contention. 

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New Swiss initiative to further restrict construction

Land use is strictly governed in Switzerland. However, a new initiative, which aims to increase construction restrictions further, recently gathered enough signatures to qualify for a a popular vote.

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EM Preview for the Week Ahead

EM FX took advantage once again of broad dollar weakness. Most EM currencies were up last week against the dollar, with the only exceptions being ARS, TRY, INR, THB, PEN, and MYR. We expect the dollar to remain under pressure this week and so EM should remain bid.

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Coronavirus: Geneva hospital calls for volunteers as numbers rise rapidly

On Sunday 25 October 2020, Geneva’s HUG hospital issued a call for volunteers as the number of Covid-19 patients rises rapidly. The hospital seeks medical, care and administrative volunteers to bolster and relieve their staff. In addition, they seek those who might have recently retired or who are on leave.

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Coronavirus: Germany adds Switzerland to risk list

Today, Germany announced it had added Switzerland to its list of Covid-19 risk countries, effective from 24 October 2020. Until now only certain Swiss cantons were on Germany’s list.

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