SNB & CHF

Jeffrey Snider about US Dollar : How the global monetary system actually works. What really make the FED. What is QE and QT. The whole episode is epic-https://www.youtube.com/watch?v=Z5yN9dTd9F8

Overview: A simply dreadful flash US PMI stopped the dollar’s four-day rally in its tracks. It followed news that the eurozone, Japan, and Australia’s composite PMIs are below the 50 boom/bust level. However, the dollar recovered, even if not fully as the market seemed unconvinced that the data could change Fed Chair Powell’s message at Jackson Hole on Friday. A consolidative tone is evident today. Asia Pacific equities were mixed. China and Hong Kong fell more than...

Streetlights in Zurich © Keystone / Gaetan Bally Leading voices from business and politics have called on the Swiss government – and in particular economy minister Guy Parmelin – to do more about possible energy and gas shortages over the winter. The energy shortage is “imminent”, Roger Nordmann from the left-wing Social Democratic party told the SonntagsBlick. “The war in Ukraine is causing acute gas shortages. Half of the nuclear power plants in France are at a...

Parmelin says every effort must be made to avoid imposing energy restrictions. ©keystone/peter Schneider The threat of energy shortages in Switzerland this winter should not be over-dramatised, Economics Minister Guy Parmelin has said in response to growing calls at the weekend for government action. A number of business groups and left-leaning political groups voiced concerns in last weekend’s newspapers, with some taking aim at the government for a perceived lack...

A New Type of Fighter Bonus The UFC has started paying fan bonuses to its fighters in Bitcoin. The UFC buys crypto at a fixed dollar amount and pays their fighters a bonus in cryptocurrency. As someone who loves the UFC and monetary economics, I wanted to offer an alternative solution to the UFC and its athletes. The Problems with Crypto This takedown of crypto will focus on the speculative aspect of cryptocurrencies. Crypto’s greatest draw is also its fatal flaw....

The Fed and other central banks have zero control of supply-driven inflation, period. America’s financial punditry is bewitched by four fatal fantasies: 1. Inflation is demand-driven. If the Federal Reserve (or other central banks) reduce demand with monetary tools like raising interest rates, inflation will cool. 2. Substitution of high-cost goods with lower-cost goods reduces inflation, and substitution is infinite: there’s always cheaper chicken if beef gets too...

Taken from "ReSolve Riffs with Jeff Snider & Emil Kalinowski of Eurodollar University on Inflationary Market Signals" https://youtu.be/Zo1w5Xofw-E ============================================================= For the transcript of this video visit: https://investresolve.com/podcasts/resolve-riffs-with-jeff-snider-emil-kalinowski-of-eurodollar-university-on-inflationary-market-signals/ ============================================================= For our latest research...

Taken from "ReSolve Riffs with Jeff Snider & Emil Kalinowski of Eurodollar University on Inflationary Market Signals" https://youtu.be/Zo1w5Xofw-E ============================================================= For the transcript of this video visit: https://investresolve.com/podcasts/resolve-riffs-with-jeff-snider-emil-kalinowski-of-eurodollar-university-on-inflationary-market-signals/ ============================================================= For our latest research...

Im Iran wurde in den letzten Tagen Equipment der Mining-Farmen beschlagnahmt. Offiziell heißt es, dass die iranische Regierung damit Blackouts verhindern wolle, die durch Strommangel verursacht werden. Crypto News: Crypto-Mining-Farmen im Iran beschlagnahmtInsgesamt berichtet die Regierung von 9.404 beschlagnahmten Mining-Geräten. Bei den Farmen handelt es sich jedoch vor allem um illegale Einrichtungen, die nicht offiziell gemeldet sind.Schon im letzten Jahr kam es...

 Overview:  The poor eurozone PMI underscores likely recession and weighs on the single currency, which was sold to a new 20-year low.  Rather than a "Turn Around Tuesday"  a broadly consolidative session is unfolding. Asian and European equities are weaker, while US futures are positive but little changed.  Benchmark 10-year bond yields are mostly firmer and the premium offered by Europe's periphery is edging higher.  The US 10-year is little changed near 3.02%....