Tag Archive: newsletter

Video with Michael Strobaek: Discussing economic growth and investment strategies

What shape are the markets in right now? This month, Credit Suisse Global CIO Michael Strobaek discusses growth in the global and Swiss economies and explains the right investment strategies during the growth phase.

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Stimmen vom Immopreneur Kongress 2017 – Waldemar Merkel

Sichere dir jetzt dein Ticket für den nächsten Immopreneur Kongress 2019: http://bit.ly/IPK19YT Immopreneur.de: ▶ http://immopreneur.de Immopreneur.de Blog: ▶ http://immopreneur.de/blog/ Immopreneur Instagram: ▶ https://www.instagram.com/immopreneur.de/ -------------------------------------- Bestelle Dir hier das neue Buch DAS SYSTEM IMMOBILIE (fast) kostenlos! ▶ http://bit.ly/DasSystemImmobilieYT --------------------------------------...

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UBS lays out cities most at risk of overheated property markets

An index by Swiss bank UBS shows significant risks of real estate bubbles in booming cities such as Hong Kong, Munich and Toronto. The Swiss cities of Zurich and Geneva remain relatively stable.The 2018 Global Real Estate Bubble Indexexternal link, published on Thursday, found that bubble (or overvaluation) risk soared in Munich, Amsterdam and Hong Kong over the past year; the latter tops the scale as most at risk.The report also pointed to...

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A bit too early to be worried about French consumers

Despite the recent fall in French consumer confidence, spending should pick up in the second half of the year. The French economy disappointed in the first half of this year. While there was a widespread ‘soft patch’ in the euro area, the source and size of the slowdown in France stands out. The real GDP growth rate fell by 0.5 points, much more than the rest of the euro area. Moreover, while the slowdown in the other countries was mainly due to...

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Four trouble spots. Four pleasant surprises.

August looks back on positive economic and market developments. In retrospect, the first half of the year was soothed by many pleasant surprises, including much-discussed trouble spots that never flared. Read about four perceived market crises.

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Fed Delivers, Market Yawns

The Federal Reserve did what it was widely to do. The fed funds target range was lifted 25 bp to 2.00-2.25%. Three-quarters of Fed officials anticipate a hike in December. The market had discounted around an 80% chance. The Fed sticks with the three rate hikes in 2019 and one in 2020. The year-end rate in 2021 is the same as in 2020.

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Stimmen vom Immopreneur Kongress 2017 – Julien Backhaus

Sichere dir jetzt dein Ticket für den nächsten Immopreneur Kongress 2019: http://bit.ly/IPK19YT Immopreneur.de: ▶ http://immopreneur.de Immopreneur.de Blog: ▶ http://immopreneur.de/blog/ Immopreneur Instagram: ▶ https://www.instagram.com/immopreneur.de/ -------------------------------------- Bestelle Dir hier das neue Buch DAS SYSTEM IMMOBILIE (fast) kostenlos! ▶ http://bit.ly/DasSystemImmobilieYT --------------------------------------...

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FX Daily, September 28: Dollar Remains Firm While Italy is Punished

The US dollar's post-Fed gains have been extended, though the upside momentum appears to be stalling. Japan's Nikkei advanced 1.35% on the back of the yen's declines and reached its highest level since 1991. Chinese shares (A and H) rallied amid reports that MSCI and FTSE-Russell are boosting Chinese shares in their benchmarks.

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Credit Growth Remains Buoyant in the Euro Area

Financial conditions remain supportive and are not expected to tighten much in the coming months. Lending to non-financial corporations in the euro grew by an annual 4.2% in August, its fastest rate since April 2009. Forward-looking indicators suggest that euro area credit growth should remain strong over the coming months.

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UBS Global Real Estate Bubble Index 2018

The UBS Global Real Estate Bubble Index 2018 report is produced by UBS Global Wealth Management's Chief Investment Office and analyzes residential property prices in 20 developed market financial centers around the world. Hong Kong faces the greatest risk of a housing bubble, followed in descending order by Munich, Toronto, Vancouver, Amsterdam, and London.

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Central Banks Positivity Towards Gold Will Provide Long Term “Support To Gold Prices”

– There has been a recent change for the better in central bank attitudes to gold. – There has been “net gold demand by central banks – approx. 500 tonnes per year – as a source of return, liquidity and diversification”. –  Policy shift to maintaining stable gold holdings reflects central bank concerns about financial markets and geopolitics. – Little in the current global economic and political environment to support any reason to change in this...

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Make Your Case, Jay

June 13 sticks out for both eurodollar futures as well as IOER. On the surface, there should be no bearing on the former from the latter. They are technically unrelated; IOER being a current rate applied as an intended money alternative. Eurodollar futures are, as the term implies, about where all those money rates might fall in the future. Still, the eurodollar curve inverted conspicuously starting June 13. That was the day of the prior “rate...

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Seasonality in Cryptocurrencies – An Interesting Pattern in Bitcoin

The last time we discussed Bitcoin was in May 2017 when we pointed out that Bitcoin too suffers from seasonal weakness in the summer. We have shown that a seasonal pattern in Bitcoin can be easily identified. More than a year has passed since then and readers may wonder why we have not addressed the topic again.

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Novartis to cut 2,200 Swiss jobs by 2020

The pharmaceutical giant Novartis will cut about 2,200 jobs in Switzerland over the next four years. Nearly 1,500 jobs are affected in production and about 700 in services. This restructuring is part of the manufacturing strategy launched in 2015 to adapt the industrial base to a reduced product portfolio, announced Novartis on Tuesday. It currently employs 13,000 people across Switzerland.

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FX Daily, September 26: The Dollar Index has Fallen Four of the Five Times the FOMC met this Year

The US dollar is trading with a softer bias in tight ranges. The euro and sterling have been confined to yesterday's ranges, while the greenback briefly traded above JPY113.00 for the first time in two months. The South African rand and Turkish lira are leading the most emerging market currencies higher. Asian equities moved higher, led by Hong Kong, which returned from yesterday's holiday.

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Almost one in five Swiss residents have dual nationality

Around 17% of Swiss residents over the age of 15 hold two passports. The canton of Geneva has the highest proportion of dual nationals at 45%. According to figures released by the Federal Statistical Office (FSO) on Tuesday, the double nationality rate exceeds 20% in the cantons of Zurich, Basel City, Ticino, Vaud and Neuchâtel.

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Droit du Seigneur and the Neofeudal Privileges of Class in America

Want to understand the full scope of neofeudalism in America? Follow the money and the power and privilege it buys. The repugnant reality of class privilege in America is captured by the phrase date rape: the violence of forced, non-consensual sex is abhorrent rape when committed by commoner criminals, but implicitly excusable date rape when committed by a member of America's privileged elite.

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We Need a Free Market in Interest Rates

We do not have a free market in interest rates today. We have not had one since the creation of the Fed in 1913. The Fed began buying bonds almost immediately, which pushes up the price and hence pushes down the interest rate. However, as I discuss in my theory of interest and prices, the Fed creates a resonant system with positive feedback loops.

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Immopreneur Kongress 2018 – Die Pflichtveranstaltung für innovative Immobilien-Investoren

Sichere dir jetzt dein Ticket für den nächsten Immopreneur Kongress 2019: http://bit.ly/IPK19YT Immopreneur.de: ▶ http://immopreneur.de Immopreneur.de Blog: ▶ http://immopreneur.de/blog/ Immopreneur Instagram: ▶ https://www.instagram.com/immopreneur.de/ -------------------------------------- Bestelle Dir hier das neue Buch DAS SYSTEM IMMOBILIE (fast) kostenlos! ▶ http://bit.ly/DasSystemImmobilieYT -------------------------------------- Du...

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SNB appoints new delegate for regional economic relations for Central Switzerland

With effect from 1 October 2018, Gregor Bäurle will assume the function of Swiss National Bank (SNB) delegate for regional economic relations for the Central Switzerland region. He succeeds Walter Näf, who is taking on a new position, representing the SNB in the Swiss delegation to the OECD in Paris as of 1 January 2019.

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