SNB & CHF

Female Genital Mutilation (FGM): A mother in Switzerland has been given an 8-month suspended prison sentence. She had her two daughters genitally ... Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep up to date and watch the videos wherever you are, whenever you like. --- 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...

Consider how a “balanced portfolio” yielding “balanced returns” worked out for middle class retirees in Venezuela. The fantasy that a “balanced portfolio” yielding “balanced returns” will fund a stable retirement for decades to come is widely accepted as a sure thing: inflation will stay near-zero essentially forever, assets such as stocks and bonds will continue yielding hefty income and capital gains, and all the...

Fears that the UK could leave the EU in a little over six months without an agreement continues to drag sterling lower. Recall that over the weekend, the UK’s International Trade Minister Fox suggested there was a 60% chance of a no-deal Brexit. A few days earlier BOE Carney said that although it was not the most likely scenario, the risks such a departure were “higher than comfort.” Sterling is lower for a fifth...

By: Rachel Koning Beals – News Editor Marketwatch Gold’s sharp decline over the past month serves as little surprise to the investors who want the asset to perform in just this fashion—that is, as an alternative to assets perceived as risky, like stocks. They’re betting that the opposite will be true as well, that gold will resume its role as protector and diversifier, even inflation hedge, when what they see as bloated...

The Trump Administration argues that other countries have been taking unfair advantage of the US on trade for years, and what many are calling a trade war is really only the US finally saying enough. The US has taken many several countries, including China, to the WTO for trade violations and wins the vast majority of cases it has brought. It has become fashionable to talk about reciprocity and intuitively has much...

[embedded content] Economic thoughts and analysis from Alhambra Investments CEO Joe Calhoun. Related posts: Global Asset Allocation Update Global Asset Allocation Update Global Asset Allocation Update Global Asset Allocation Update Global Asset Allocation Update: Tariffs Don’t Warrant A Change…Yet Global Asset Allocation Update: The Certainty of...

Swiss Franc The Euro has risen by 0.18% to 1.1532 CHF. EUR/CHF and USD/CHF, August 07(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is pulling back today after yesterday’s advance. All the major currencies are higher and even the Turkish lira, which plunged nearly 5% yesterday to cap a six-day slide, is trading firmer today ([email protected]). The dollar’s...

See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. Explaining a new paradigm can be both simple and impossible at the same time. For example, Copernicus taught that the other planets and Sun do not revolve around the Earth. He said that all the planets revolve around the Sun, including Earth. It isn’t hard to say, and it isn’t especially hard to grasp. Indeed, one of its...

The only way to pay all these future obligations is by creating new money. I’ve been focusing on inflation, which is more properly understood as the loss of purchasing power of a currency, which when taken to extremes destroys the currency and the wealth/income of everyone forced to use that currency. The funny thing about the loss of a currency’s purchasing power is that it wipes out every holder of that currency, rich...

After several months of heated market speculation, to Amazon’s chagrin the question of which stock would be the first to reach $1 trillion in market capitalization was answered when Apple reported strong Q2 results (which included $21 billion in stock buybacks) and its stock soared 9% this week, rising above the very round number and elevating its YTD gain to 23% (Amazon, with a market cap of just under $900 billion,...