SNB & CHF

The U.S. dollar index is up over 6% this year, almost all attributable to a post-election surge. As many developed nations show stagnant economic growth or even contraction, the U.S. economy continues to hum. Further bolstering the dollar is the likelihood that the Fed will slow rate cuts or stop them after this Wednesday's FOMC meeting. Consequently, the Fed is considered more hawkish than other large central banks. Wall Street thinks the dollar will peak and...

I never thought someone would label me a "Permabull." This is particularly true of the numerous articles I wrote over the years about the risks of excess valuations, monetary interventions, and artificially suppressed interest rates. However, here we are. "Lance, you are just another permabull talking your book. When this market crashes you will still be telling people to buy all the way down." I get it. We have been bullish over the last couple of years, but...

The federal government should help the ailing Swiss steelworks Keystone-SDA Listen to the article Listening the article Toggle language selector...

On December 8, 2024, the 24-year reign of Syrian strongman Bashar al-Assad came to an end after a rebel coalition of  Al-Qaeda offshoots, Turkish proxies, and other Islamist militants overwhelmed the capital of Damascus. In effect, a Sunni Islamist saturnalia brought an end to the Middle East’s last secular Arab government. The Assad family, starting with Hafez al-Assad in 1971, has held an iron grip on Syrian politics for over five decades. As committed members of...

Sandoz reaches further settlement in the USA Keystone-SDA Listen to the article Listening the article Toggle language selector...

Owing largely to a campaign led by Florida, many people are now aware of the fallacies of Critical Race Theory. In recent months, some states have banned the “divisive concepts” of CRT. For example, in Alabama it was reported that:The bill has examples of divisive concepts such as “individuals, by virtue of race, color, religion, sex, ethnicity, or national origin, are inherently responsible for actions committed in the past by other members of the same race, color,...

AI tools like ChatGPT are already transforming the way we work. But are young people in Switzerland concerned about their future careers? ?⁠ ⁠ We hit the streets of Bern to see how young people feel about AI in their jobs. ?⁠ ⁠ Let us know what you think in the comments. ⁠ -------- 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,...

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

President-elect Donald Trump’s announced cabinet and White House staff appointments for his next administration have attracted praise from supporters, outrage from opponents, and even criticism from libertarian podcasters like Ron Paul and Radio Rothbard hosts Ryan McMaken and Tho Bishop regarding Trump’s hawkish national security picks. Everyone agrees that “personnel is policy” though, meaning that the outspoken policy preferences of many of Trump’s appointees...

Yesterday's Commentary touched on the divergence between robust economic growth in the U.S. and near-recessionary conditions in Canada. We highlighted the importance of this to U.S. investors because of the historically strong correlation between the two economies. Unfortunately, Canada is not a one-off instance. Britain, Europe, and China also exhibit poor economic growth. Given the U.S. operates in a global economy, it's hard to imagine that economic stagnation...