This is the politics of decline and collapse. The unspoken assumption of the modern era is that politics can fix whatever is broken: whatever is broken in society or the economy can be fixed by some political policy or political process– becoming more inclusionary, seeking non-partisan middle ground, etc. What if this assumption is flat-out wrong? What is politics is incapable of fixing what’s broken? What if politics...
Read More »CHARLES HUGH SMITH: ELITE DUMBING DOWN MIDDLE-CLASS INTO DUST!
http://www.portfoliowealthglobal.com/Smith MUST-READ FOR INVESTORS: https://www.portfoliowealthglobal.com/attack/ https://www.portfoliowealthglobal.com/bear/ https://www.portfoliowealthglobal.com/drama/ Shelter your Portfolio from the Bonds COLLAPSE: http://www.PortfolioWealthGlobal.com/Bonds Get Immediate Access to our Exclusive Report on the Coming STOCK MARKET CRASH: http://www.portfoliowealthglobal.com/crash/ Download Our Top 5 Cryptocurrencies for 2018 AT:...
Read More »FX Daily, March 08: Equities Slump on Growth Concerns ahead of US Jobs
Swiss Franc The Euro has fallen by 0.03% at 1.1313 EUR/CHF and USD/CHF, March 08(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A weak economic assessment in the Beige Book and an ECB that slashed growth forecasts have been followed by news of a nearly 21% slump in China’s exports have marked the end of the dramatic equity rally that was seen in the first...
Read More »Not Buying The New Stimulus
What just happened in Europe? The short answer is T-LTRO. The ECB is getting back to being “accommodative” again. This isn’t what was supposed to be happening at this point in time. Quite the contrary, Europe’s central bank had been expecting to end all its programs and begin normalizing interest rates. The reaction to this new round was immediately negative: The euro and euro zone government bond yields fell sharply...
Read More »Percentage of men in workforce declines in Switzerland
Recently published figures show a 7% decline in the percentage of men in Switzerland’s workforce between 1991 and 2018. © Volker Husberg _ Dreamstime.com - Click to enlarge The workforce figures, which include the unemployed, show a fall in male workforce participation from 81% to 74%, a 7% decline over 27 years. At the same time, the percentage of women working rose 6% from 57% to 63% from 1991 to 2018. Across both...
Read More »Monthly Macro Chart Review – March
We’re changing the format on our Macro updates, breaking the report into two parts. This is part one, a review of the data released the previous month with charts to highlight the ones we deem important. We’ll post another one next week that will be more commentary and the market based indicators we use to monitor recession risk. We are still playing catch up on the economic data releases due to the government...
Read More »China Gold Reserves Rise To 60.26 Million Ounces Worth Just $79.5 Billion
China increased its gold reserves for a third straight month in February, data from the People’s Bank of China (PBOC) showed this morning. The value of China’s gold reserves rose slightly to $79.498 billion in February from $79.319 billion at the end of January, as the central bank increased the total amount of gold reserves to 60.260 million fine troy ounces from 59.940 million troy ounces. The People’s Bank of China...
Read More »FX Daily, March 07: EMU Looks to ECB
Swiss Franc The Euro has fallen by 0.31% at 1.1324 EUR/CHF and USD/CHF, March 07(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The ECB meeting is today’s highlight. A dovish signal is expected. The euro remains pinned near its lows ahead it. The global equity market rally in January and February is faltering this week. Asian equities were mixed, but the...
Read More »App to help Swiss army recruits get fit
Having fit soldiers is important for the Swiss army – it means fewer injuries and fewer people dropping out. That’s why it has launched an app to get young people ready for military service. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel:...
Read More »App to help Swiss army recruits get fit
Having fit soldiers is important for the Swiss army – it means fewer injuries and fewer people dropping out. That’s why it has launched an app to get young people ready for military service. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website:...
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SNB & CHF
