Tag Archive: newsletter

SMART BOURSE – L’invité de la mi-journée : Thomas Costerg (Pictet WM)

2021-01-04

by

Lundi 4 janvier 2021, SMART BOURSE reçoit Thomas Costerg (Économiste sénior US, Pictet WM)

Read More »

FX Daily, January 04: Rising Equities and Slumping Dollar Greet the New Year

2021-01-04

by

2021-01-04

Overview:  The first day of the New Year, but it feels a lot like last year.  The dollar is under pressure, and equities are higher.  Outside of Japan and Malaysia, The MSCI Asia Pacific Index extended last week's 3.6% gain. It has not rallied for seven consecutive sessions.

Read More »

January Monthly

2021-01-04

by

2021-01-04

It might not feel like a New Year, as the pandemic continues to ravage most countries. On top of the human toll, the economic fallout will continue to depress activity in the first part of 2021.  However, policymakers throughout the G7 provided more stimulus in late 2020 and extended many emergency facilities well into the New Year.

Read More »

2020 Was a Snack, 2021 Is the Main Course

2021-01-04

by

2021-01-04

One of the dishes at the banquet of consequences that will surprise a great many revelers is the systemic failure of the Federal Reserve's one-size-fits-all "solution" to every spot of bother: print another trillion dollars and give it to rapacious financiers and corporations.

Read More »

The Result of “Too Much Money”: Asset Price Inflation and Inequality

2021-01-01

by

2021-01-01

In the eyes of many, covid-19 has truly accelerated things. Tech aficionados have been rejoicing as virtual meetings, Zoom calls, and overall digitization within companies have seen a serious boost. At the same time, the corona crisis has intensified another contemporary development that people generally don’t really care about: today’s ongoing expansion of the money supply. Although monetary policy had been ultraexpansionary even well before the...

Read More »

2021: Predictions for the New Year

2021-01-01

by

2021-01-01

There's no reason to assume 2021 will bring a reversal of 2020's trends. Many of the fights that began in 2020 are likely to intensify in the new year.  Be sure to follow Radio Rothbard at Mises.org/RadioRothbard.

Read More »

Swiss continue search for absconded British tourists

2020-12-31

by

2020-12-31

Swiss cantons are still trying to identify tourists from the UK and South Africa who are staying in their resorts or who fled to escape Covid quarantine. Canton Valais, home to many popular ski resorts such as Verbier and Zermatt, is struggling. This content was published on December 30, 2020 - 14:03 December 30, 2020 - 14:03 Keystone-SDA/ts At the weekend an estimated 200 British tourists crept out of Verbier during the night, with hotel...

Read More »

Fear of Collapse for Small Businesses

2020-12-31

by

2020-12-31

The coronavirus has dominated all of our lives in recent months. Radical paths were taken by politicians in the form of lockdowns to contain the pandemic. But we should recognize that even if the coronavirus is a (major) challenge for us, we always have to keep a holistic view of world events. Just as there are epidemiological factors to consider in this crisis, there are also economic, social, cultural, political and other health factors at play....

Read More »

“The real danger comes from massive state dependence” – Part II

2020-12-31

by

2020-12-31

INTERVIEW WITH H.S.H. PRINCE MICHAEL OF LIECHTENSTEIN – Part II of II Claudio Grass (CG): Since the start of the pandemic, we’ve witnessed extreme efforts to increase top-down control and to centralize power in ways that affect almost all aspects of a citizen’s life. Do you expect that this can all be reversed once the crisis is over, or has the Rubicon been crossed?  HSH Prince Michael of Liechtenstein (PM): I still hope, but I am...

Read More »

Inflating Inflation Expectations

2020-12-31

by

2020-12-31

Rising prices feature in many economic forecasts for the US.  It is seen as part of the reflation meme as the vaccines roll out.  There seem to be three threads to the discussion.  The first is practically mathematically certain.  Economists refer to it as the base effect.  As the pandemic struck and the economy shut down, prices fell.  Headline CPI fell by 0.4% in March 2019, by 0.8% in April, and another 0.1% in May.  The PCE deflator, which the...

Read More »

Covid: negative test to enter France from Switzerland only required if resident in France

2020-12-31

by

2020-12-31

On 19 December 2020, the French government advised against French residents travelling to Switzerland to ski and introduced rules that made returning difficult, including a requirement to show a negative Covid-19 test less than 72 hours old or to quarantine on arrival. © Anne Laure Affre | Dreamstime.comThe rule covered all those entering France from the cantons of Graubünden, Jura, Neuchâtel, Uri, Valais and Vaud. However, it was...

Read More »

“The real danger comes from massive state dependence”

2020-12-30

by

2020-12-30

INTERVIEW WITH H.S.H. PRINCE MICHAEL OF LIECHTENSTEIN – Part I of II As we’re preparing to leave 2020 behind, a year that will most likely feature prominently in future history books, it is hard to look back on all that has happened without a sense of apprehension and uncertainty over what lies ahead. A lot has changed, economically, socially and politically, and those changes and challenges are unlikely to subside in the year to come....

Read More »

‘Brexit envy’ grows in Switzerland

2020-12-30

by

2020-12-30

British Prime Minister Boris Johnson announces a deal on December 24 Paul Grover Britain has finally negotiated a deal with the European Union. The European Court of Justice will not act as a court of arbitration. Some Swiss voices are now calling for Switzerland to get the same deal. The UK and the EU managed to agree on a last-minute trade deal after all. It will come into force provisionally on January 1. This will prevent customs duties...

Read More »

Economic outlook for Switzerland in 2021

2020-12-30

by

2020-12-30

Have the Swiss and European Union economies already been through the worst, or will the pandemic cause more damage in 2021? Keystone / Martin Ruetschi Lockdown, home office, travel bans. The pandemic has shaken up the economy, but its disruptive power is having a selective effect. While the pharmaceutical industry is sailing through the crisis unscathed, the watch industry is being hit harder than any time since the last world war. What is the...

Read More »

Swiss want more digital services from the state

2020-12-30

by

2020-12-30

Digitalisation is increasing pressure on state authorities, with almost three-quarters of Swiss expecting more digital services from the authorities, according to a survey by consultants Deloitte. Whether it’s paying parking fines or obtaining motorway toll stickers, Swiss want to be able to deal with such services online. A third of those surveyed could even imagine getting married via video conferencing.A large majority of the population would...

Read More »

‘We were too lax’ admits Swiss health minister on Covid-19

2020-12-29

by

2020-12-29

In an interview with Swiss public television, SRF, Health Minister Alain Berset has acknowledged that Switzerland made mistakes in managing the coronavirus outbreak.

Read More »

A Future Hunger Pandemic

2020-12-29

by

2020-12-29

The coronavirus has dominated all of our lives in recent months. Radical paths were taken by politicians in the form of lockdowns to contain the pandemic. But we should recognize that even if the coronavirus is a (major) challenge for us, we always have to keep a holistic view of world events.

Read More »

2020 the “Worst Year Ever”–You’re Joking, Right?

2020-12-29

by

2020-12-29

So party on, because "the worst year ever" is ending and the rebound of financial markets, already the greatest in recorded history, will only become more fabulous.

Read More »

The Problem with Mandatory “Socially Responsible Investing”

2020-12-28

by

2020-12-28

The term environmental social governance (ESG) investing is relatively new. As described in Forbes, [An] approach that is slowly on the rise is ESG activism, where an activist fund will take a position in the security of a company with the aim of campaigning to make its business better in terms of governance, less environmentally unfriendly and more socially responsible.

Read More »

Die Google-Präsidentschaftswahl

2020-12-27

by

2020-12-27

“Sei nicht böse” ist zwar nicht mehr länger Google’s offizielles Unternehmensmotto, aber es verbleibt Bestandteil des letzten Satzes in seinem Verhaltenskodex. Unter ‘nichts Böses machen’ versteht Google nach wie vor, dass «alles [was es tut] in Verbindung mit [seiner] Arbeit … an den höchstmöglichen Standards des ethischen Geschäftsverhaltens gemessen wird und werden sollte.»

Read More »