Tag Archive: newsletter
The Media, Mueller, the Big Con and the Democratization of Narrative
Falling for a con is painful. The first reaction is to deny being conned, of course. The second is to blame skeptics for being correct in their skepticism. Here's the fundamental "story" of the Mueller Investigation: elites don't like "the little people" democratizing public narratives.
Read More »
Read More »
FX Daily, March 25: Monday Blues: Equities Pare Quarterly Gains
Overview: Global equities have soured after the US shares dropped the most since very early in the year before the weekend. Asia's sell-off was led by the 3% decline in Nikkei, while Malaysia fared among the best, surrendering 1%. Europe's Dow Jones Stoxx 600 is off for a fourth session. It lost 1.2% at the end of last week and gapped lower today but stabilizing after the better than expected German IFO survey.
Read More »
Read More »
Swiss Balance of Payments and International Investment Position: Q4 2018 and whole 2018
The current account surplus for 2018 was CHF 71 billion, CHF 26 billion more than in the previous year, an increase by over 50%.
Read More »
Read More »
FX Weekly Preview: The Week Ahead
The combination of the dovish hold by the Federal Reserve and the eurozone's miserable flash Purchasing Managers Index casts a pall over the economic outlook. Japan's flash PMI remained stuck at February's 48.9, while core inflation unexpectedly eased. Three months after the European Central Bank stopped buying bonds, the German 10-year Bund yield fell below zero for the first time since 2016.
Read More »
Read More »
Swiss join protests against EU copyright reform
Tens of thousands of people across Europe, including in the Swiss city of Zurich, staged protests on Saturday against the European Union's planned copyright reform bill. More than 1,000 demonstrators marched in the northeastern Switzerland against the copyright reforms which critics fear threaten freedom of speech, according to the Keystone-SDA news agency.
Read More »
Read More »
Politics Has Failed, Now Central Banks Are Failing
With each passing day, we get closer to the shift in the tide that will sweep away this self-serving delusion of the ruling elites like a crumbling sand castle. Those living in revolutionary times are rarely aware of the tumult ahead: in 1766, a mere decade before the Declaration of Independence, virtually no one was calling for American independence.
Read More »
Read More »
Is Inflation Beginning? Are You Ready?
Extrapolating The Recent Past Can Be Hazardous To Your Wealth. “Those who cannot remember the past are condemned to repeat it,” remarked George Santayana over 100 years ago. These words, as strung together in this sequence, certainly sound good. But how to render them to actionable advice is less certain.
Read More »
Read More »
Switzerland waives post-Brexit visa requirement for British nationals
The Swiss government has dropped the requirement that British nationals obtain a visa to enter Switzerland for a lengthy stay after Britain leaves the European Union. The British government has also extended the same privilege to Swiss nationals wishing to enter Britain after Brexit.
Read More »
Read More »
February 2019 PBOC/RMB Update
This will serve mostly as an update to what is going on inside the Chinese monetary system. The PBOC’s balance sheet numbers for February 2019 are exactly what we’ve come to expect, ironically confirmed today on the domestic end by the FOMC’s dreaded dovishness. Therefore, rather than rewrite the same commentary for why this continues to happen I’ll just link to prior discussions.
Read More »
Read More »
Wunschdenken von Frau BR Amherd
Das VBS hat seit dem neuen Jahr eine Cheffin. Anlässlich der SOG-DV vom 16. März 2019 hat sie sich an die Offiziere gewandt und dabei einige interessante Äusserungen (Hervorhebungen durch den Autor) gemacht, so etwa zu den “Entwicklungen im internationalen Streitkräftebereich”:
Read More »
Read More »
Live Artikel 13 DEMO München 23.3.19
✘ Werbung: https://www.Whisky.de/shop/
Kunden werben Tesla-Kunden ► http://ts.la/theresia5687
►
Read More »
Read More »
Parliament rejects reform of health insurance scheme
Patients will not have to pay out extra money for health services before the health insurance covers the costs, after parliament surprisingly threw out the controversial proposal on Friday. In a previous decision earlier this month, parliament had agreed to increase the deductible paid by patients to CHF350 ($350) annually under certain conditions.
Read More »
Read More »
FOMC: Above Trend Growth Requires Continued Monetary Support
The Federal Reserve sounded more dovish than many expected and this prompted a 5-7 bp drop in US rates, and the dollar fell to new lows for the week against many of the major currencies. The median Fed forecast now anticipates no hike this year but one next year. The Fed will also taper the roll-off of its balance sheet and completing it by the end of September.
Read More »
Read More »
Which Nations Will Crumble and Which Few Will Prosper in the Next 25 Years?
Adaptability and flexibility will be the core survival traits going forward. What will separate the many nations that will crumble in the next 25 years and those few that will survive and even prosper while the status quo dissolves around them? As I explain in my recent book Pathfinding our Destiny: Preventing the Final Fall of Our Democratic Republic, the factors that will matter are not necessarily cultural or financial; being hard-working and...
Read More »
Read More »
FX Daily, March 22: Dreadful EMU PMI and US Machinations Rival Brexit for Attention
Overview: The S&P 500 recovered from the post-FOMC reversal to close a new 5-month high yesterday, led by technology. Financials were the only main sector to retreat. The large equity markets in Asia, Japan, China, Australia, South Korea, and Taiwan all advanced. Europe's Dow Jones Stoxx 600 reversed its initial gains and is nursing a small loss on the week.
Read More »
Read More »
Pound falls against the Swiss franc owing to third meaningful vote uncertainty
The pound has once again felt the impact of the uncertainty caused by Brexit and the pound has fallen against the Swiss franc during yesterday afternoon’s trading session. We are now just over a week away from when the UK is due to leave the European Union and the latest update is that the EU will allow an extension until the end of June if Theresa May can get her deal backed in the next few days.
Read More »
Read More »
Swiss companies make contingency plans amid Brexit uncertainty
As the Brexit saga continues, Swiss companies are preparing for the worst and hoping for the best. But optimism is waning among companies that are trying to minimise disruptions from any deal/no-deal scenarios. With the UK’s departure from the EU scheduled for March 29, British Prime Minister Theresa May on Wednesday asked the EU bloc to postpone the UK’s departure until June 30.
Read More »
Read More »
Slump, Downturn, Recession; All Add Up To Sideways
According to Germany’s Zentrum für Europäische Wirtschaftsforschung, or ZEW, the slump in the country’s economy has now reached its fourteenth month. The institute’s sentiment index has improved in the last two, but only slightly. As of the latest calculation released today, it stands at -3.6.
Read More »
Read More »