Tag Archive: income

European Wealth Reports: Why “Median” Italians are Far Richer than Germans

Italy home sales business loans 2000-2012
We explain why according to the European wealth reports "median" Italians are more wealthy than Germans. The main reasons are high savings and accumulation of wealth for the average family until the 1990s, often invested in homes and real estate. Low ECB interest rates finally let the value of the home rise strongly.

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Performance of global stock markets compared

Long Term Price Earnings
A list of relevant graphs for the long-term price earnings rations and different stock market returns over the last 2 years. Moreover we show the return of the S&P 500 for each of the year.

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SNB Profit 6 Billion CHF over the Year, 10.9 Billion Loss in Q4/2012

2013-01-17

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2013-01-17

snb q4/2012 income from gold
The Swiss National Bank (SNB) obtained a profit of around 6 billion francs for the year 2012 (full statement).  The profit was reduced from 16.9 billion francs between Q1 and Q3 2012, which means that in Q4/2012 the bank had a loss of around 10.9 billion francs. The profit in gold fell from 6.2 billion …

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SNB Results Q3 2012: SNB Radically Reduces Euro Share from 60% to 48%

2012-11-02

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2012-11-02

snb q3 breakdown in currencies usd eur gbp
SNB Q3 Profits: 10 billion francs   The Swiss National Bank (SNB) radically reduced its euro share, in the third quarter from 60% to 48%, and bought US dollars and sterling instead. In the second quarter, however, it increased the euro share from 51% to 60% and concentrated on buying euros. Given that the EUR/USD was … Continue reading...

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