Tag Archive: Swissmem

Swiss Franc History, from 2004 to 2009: The undervalued franc

ch euro
A Critical History of the Swiss Franc: During the "global carry trade" period between 2004 and 2007, the euro strongly appreciated against the Swiss franc. Most astonishingly this happened, despite the fact that the Swiss GDP growth was on average 0.5% higher

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The IMF Assessment for Switzerland 2014 and our critique

international monetary fund
In the 2014 assessment for Switzerland by the International Monetary Fund, several sentences sparked in our eyes; we will contrast them with our recent critique.

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The history of wrong forecasts by Swiss economists: details

2013-01-13

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2013-01-13

SECO Estimates for 2009 2010
Or how to talk down an economy with wrong forecasts Read the introductory post here, if you haven’t yet. Details of SECO forecasts   In the following we give the details about the SECO, the Swiss government economic agency’s, forecasts.   Forecast Q1/2009 Sharp recession in 2009, gradual stabilization in 2010 Bern, 17.03.2009 – Economic …

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Yearly Swiss Doomsaying and Swissmem’s Control over the Swiss National Bank

2013-01-11

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2013-01-11

Structure of the Swiss economy
  The same as every year in December/January: Swiss media and economists are doomsaying. This time they claim that the banking industry and the UBS job losses will bring Switzerland into trouble. Once again they do not understand that the Great Recession was only to a small part a banking crisis, but it was mostly a … Continue reading »

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Swiss and German Economic Indicators, Update November 1

2012-11-01

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2012-11-01

Swiss & German Economic Indicators, August 2012
Euro Crisis Has Affected Germany, Switzerland Still Immune    Most Recent Events The Swiss SVME PMI has risen from 43.9 to 46.1. This PMI  is dominated by machinery, metallurgical and electric equipment exporters organized in the Swissmem organization. As opposed to the chemical industry, they were not innovative enough to adapt to the stronger franc; but …

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The Swiss National Bank and the EUR/CHF floor have become a political football

2012-06-10

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2012-06-10

Adsense inside posts
  How the SNB Chairman Jordan has invited hedge funds and smart investors to a risk-free, high-return guaranteed investment in Swiss francs A wrap-up of Swiss newspapers for non-German literates In parallel to the start of the UEFA Euro 2012, the Swiss National Bank and its policy towards the EUR/CHF exchange rate has become a political …

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