Weekly SNB Sight Deposits and Speculative Positions: SNB selling euros and dollars
2021-04-12
Update April 12 2021: SNB selling euros and dollars. Sight Deposits have fallen: The change is -0.5 bn. compared to last week, this means the SNB is selling euros and dollars.
Take Advantage of These COVID Estate Planning Opportunities by the End of 2020
2020-12-07
May you live in interesting times. Although that sounds like an ancient blessing, it’s believed to be a Chinese curse casting instability and uncertainty on the person who hears it. Blessing or curse, it’s a great description of the year we’ve just come through, and in spite of all the turmoil, there are some things you can do before the end of 2020 to take advantage of all the madness.
There Have Actually Been Some Jobs Saved, Only In Place of Recovery
2020-12-04
The ISM reported a small decline in its manufacturing PMI today. The index had moved up to 59.3 for the month of October 2020 in what had been its highest since September 2018. For November, the setback was nearly two points, bringing the headline down to an estimate of 57.5.
Double Your Gift Today!
2020-12-03
Dr. Gary Schlarbaum, one of our generous supporters, has again offered to match all donations received through December 7. That means your $10 donation becomes $20, your $25 donation becomes $50, and so on.
Swiss Retail Sales, October 2020: 2.6 percent Nominal and 3.1 percent Real
2020-11-30
30.11.2020 – Turnover adjusted for sales days and holidays rose in the retail sector by 2.6% in nominal terms in October 2020 compared with the previous year. Seasonally adjusted, nominal turnover rose by 3.3% compared with the previous month.
Free by 40 in Switzerland – Book Review
2020-11-27
I just finished reading Free by 40 in Switzerland, a book about financial independence, in Switzerland, by fellow blogger Mr. Mustachian Post, alias Marc Pittet. Mr. MP was kind enough to send me a version that I could review before the release date. So I can have this review ready now that the book is available!
Clariant plans to slash more jobs
2020-11-26
Swiss speciality chemicals firm Clariant has announced further job cuts amid a series of divestments.
Biden Transition and Vaccine Hopes Weigh on Gold for Now
2020-11-25
Today we are taking our monthly look at the charts for gold and silver. We have now received news of 3 Covid19 vaccines that are seeking approval following successful trials and markets have sat up and listened.