SNB & CHF

Dixit Joshi ‘loves solving big, complex financial problems’, according to one acquaintance CS As daunting first weeks go, Dixit Joshi’s takes some beating. After a weekend of damaging speculation on social media about the impending collapse of Credit Suisse, Joshi started as the bank’s chief financial officer last Monday with its share price plumbing new lows and a gauge of default risk spiralling higher. The British-South Africa banker turned up to his first...

Was haben das unbegrenzte Gelddrucken und das Corona- und Klima-Regime gemeinsam? Offensichtlich ist Ersteres die Voraussetzung für Letztere: Ohne die Möglichkeit für Regierungen, willkürlich Geld aus dem Nichts zu schaffen, könnte es weder die Corona-Lockdowns noch die Wende hin zu ineffizienten und unzuverlässigen Energiequellen geben, weil dann die Menschen die wirtschaftlichen Folgen dieser Politik direkt im Portemonnaie spüren würden. Aber die Parallele geht...

In this interview, Bill Bonner - founder of Agora Inc; one of the largest and most influential publishers in the world - talks about global instability, its causes, and will share ideas about how to protect your wealth with precious metals. Join Strategic Intelligence Australia: https://pro.fattail.com.au/m/2088660 Interview recorded August 2022 Get FREE insights from Bill and Brian straight to your inbox as part of the Daily Reckoning Australia:...

We are living through a particularly bad moment in history for free markets and capitalism. Government, not business, is promoted as the solution to all problems. Young people have never known any other environment, and one of the consequences is the skepticism about capitalism that they learn in school, college, and university. One solution to this problem lies in better business education — shaping how young minds think about business by shedding light on the...

Here we are again in the final quarter of the year when thoughts turn to Thanksgiving and Christmas and… reviewing your financial house. Oh, that’s not on your list? Well, let’s put it there because financial issues cannot be on automatic pilot. Things change and you need to keep current. Here are 16 items you need to review before the end of the year. Tax Loss Harvesting No one wants to pay more taxes than necessary (at least no one I know) and harvesting capital...

SNB Jordan is on the wires speaks in general terms: Central bank independence is crucial to fight inflation effectively central banks could face political pressures to slow down or postpone interest rate hikes to tackle inflation central banks more politically vulnerable as inflation rises Comments outline reasons why central banks in general need to remain independent. Will be on alert for any comments on monetary policy.   [embedded content]...

These were once the very symbol of 2021 "inflation." A shortage of semiconductors had been so severe and pervasive, it seemed like nearly every consumer price increase could be traced back in part to chips. Today, massive inventory that is proving difficult to sell as demand worldwide plummets. It was transitory after all. Even the IMF can see it coming, though its models will need even more and even bigger downgrades first. Eurodollar University's Money & Macro Analysis...

Das Jahr lief generell nicht gut für den Markt, doch besonders Ethereum ließ kräftig Federn. Fast drei Viertel seines Wertes hat der ETH in diesem Jahr verloren. Laut Analysten wird es jedoch zum Jahresende wieder nach oben gehen – 2.000 US-Dollar ist die konkrete Prognose für den Kurs. Ethereum News: Ethereum bis Dezember auf 2.000 US-Dollar prognostiziertDie Analysten gehen nicht nur von einem Dezember-Kurs bis auf 2.000 US-Dollar aus, sondern sprechen auch von...

The word “inflation” is heard and read everywhere these days. However, since different people sometimes have very different understandings of inflation, here is a definition: Inflation is the sustained rise in the prices of goods across the board. This definition conveys that inflation means that the increase in prices of goods is not just a one-off but permanently; and that not just some goods prices go up, but all. How does inflation arise? The economists have two...

Overview:  The dollar continues to ride high. It reached its highest level against the yen since the recent intervention. The Canadian dollar has fallen to its lowest level in two-and-a-half years and the New Zealand dollar is approaching the 2020 extreme. The greenback is firmer against all the major currencies but the Swiss franc, and against nearly all the emerging market currencies today. Equities have been sold. Japan, South Korea, and Taiwan re-opened after...