Weekly SNB Sight Deposits and Speculative Positions: SNB selling euros and dollars
2021-04-08
Update April 6 2021: SNB selling euros and dollars. Sight Deposits have fallen: The change is -0.8 bn. compared to last week, this means the SNB is selling euros and dollars.
A Major Support For Asset Prices Has Reversed
2020-12-24
In 2019, we wrote about how corporate share repurchases, or “stock buybacks,” had accounted for nearly all buying in the market. A year later, that significant support for asset prices has reversed.
Seth Levine: How I Process Ideas Into Investments
2020-11-20
Investing is incredibly hard. Mapping observations to security price movements are complex. Often, the relationships governing these moves are unknown. Yet, this is the investor’s task. I’ve used this blog as a tool for exploring some of these connections. It’s been incredibly rewarding.
5 Estate Planning Myths That Can Derail Your Estate Plan
2020-10-18
You spend a lifetime earning, saving, acquiring. But the old adage is true—you can’t take it with you. So, what do you do with your assets when you’re gone? How do you want them distributed? That’s where a good estate plan comes in.
The Jacksonians’ Bank War: Liberty versus Power
2020-10-18
The Jacksonians saw central banking for what it was: a way of making the rich even richer, while ripping off ordinary people. We remember the Jacksonians not just because they were right about the central bank, but because they were also very successful in their fight against the Bank and its allies.
Banks making slow progress on diversity issues
2020-10-16
A recent story from the New York Times implied that the resignation of Ivory Coast-born Tidjane Thiam at the helm of Credit Suisse earlier this year had racist undertones, and he was the only Black CEO among the world’s biggest banks. How does the banking world – especially Credit Suisse – address the issue of diversity among its ranks?
Swiss Producer and Import Price Index in September 2020: -3.1 percent YoY, +0.1 percent MoM
2020-10-15
The Producer and Import Price Index rose in September 2020 by 0.1% compared with the previous month, reaching 98.0 points (December 2015 = 100). The rise is due in particular to higher prices for scrap as well as for basic metals and semi-finished metal products.
Dollar Bleeding Stanched as Markets Search for Direction
2020-10-14
Markets have a bit of a risk-off feel today; the dollar bleeding has been stanched for now; IMF releases its updated World Economic Outlook. A stimulus package before the election appears doomed; Fed’s Barkin and Daly speak; a big data week for the US kicks off with September CPI today.
1 comment
486DX266
2021-01-25 at 23:10 (UTC 2) Link to this comment
I made the same move you did last Friday…I reduced risk. Reduced more today. Put on some small debit ratio call spreads expiring 1-2 weeks out in QQQ, XLK, SPY.