The Cleanest Dirty Shirt It’s easy to overestimate the problems the United States faces while underestimating its strengths. The challenges are certainly significant. Politics have seldom been so divisive. The government is running an annual deficit of over a trillion dollars, with a total debt many times that. Inflation has spiked. The Fed has been hiking interest rates at a pace that could imperil the economy. There is enormous wealth disparity. Economic growth has...
Read More »Ep 45 – Danielle Lacalle: The Case for the People’s Zombification
In this latest installment of our Zombie Month series, we welcome Daniel Lacalle onto the Gold Exchange Podcast. Daniel is an economist, fund manager and professor of Global Economics. Daniel discusses the recent fallout in the UK, the pressures building up in the global economy, and the central banks’ creation of zombie firms. Listen to Ben, Keith and Daniel get into everything from quantitative easing to zombie slaying. Connect with Daniel on twitter @dlacalle and...
Read More »Swiss federal buildings to get solar panel makeover
Federal buildings and other infrasructure are to be installed with photovoltaic panels in the next 12 years. © Keystone / Gaetan Bally The Swiss government has pledged to install solar panels on as many federal buildings as possible to help boost the production of energy from renewable sources. On Wednesday, the government said it wants solar energy generation to rise from 13 gigawatt hours to 87 gigawatt hours in Switzerland. To help achieve this target, it has...
Read More »FACE Interview Oct 27th 2022. Marc believes GBPUSD has all the hallmarks of a major bottom.
Marc Chandler is being interviewed by Dale Pinkert during the F.A.C.E. webinar. Marc believes GBPUSD has all the hallmarks of a major bottom. He believes we've done alot of the heavy lifting and that 2023 looks brighter. Subscribe to attend for FREE using the following link: http://bit.ly/2WhbchO
Read More »Markt wieder oberhalb von einer Billion US-Dollar
Gestern überstieg der Wert des Gesamtmarktes wieder die Marke von einer Billion US-Dollar. Damit hat der Markt ein neues Monatshoch erzielt – vor 6 Wochen erreichte er zuletzt diese Marke. Die meisten der größeren Cryptocoins schalteten im Wochenvergleich auf Grün, viele konnten sogar im zweistelligen Prozentbereich zulegen. Crypto News: Markt wieder oberhalb von einer Billion US-DollarEthereum und DOGE waren die großen Gewinner der letzten 7 Tage. Der ETH gewann...
Read More »Swiss keep an eye on tensions in Kosovo
Things are tense in northern Kosovo as a deadline approaches for Serbs to swap their Belgrade-issued number plates for local ones. A seemingly trivial request from Kosovo’s government has stoked discontent among ethnic Serbs. Swiss military personnel are among 3,600 NATO peacekeepers in the country, keeping watch. David Olumese, Team Commander LMT (liaison and monitoring team), works in the divided city of Mitrovica, where Albanian and Serb settlements are separated by the river Ibar....
Read More »Are Seasonally Adjusted Economic Data Useful?
It is not possible to establish the conditions of the economy by just inspecting the data as a whole, according to many economists. What is required, instead, is to break the data into its key components, which supposedly will enable economists to identify the true state of the economy. Components That Drive the Data According to popular thinking, data that is observed over time—labelled as time series—is driven by four components, these are: The trend component The...
Read More »Dollar Slump Stalls Ahead of ECB Meeting
Overview: The dollar’s recent losses have left it stretched on a near-term basis after today’s ECB meeting, the focus will shift to the Federal Reserve, next week’s meeting, and the employment report. The greenback is trading with a firmer bias against the G10 currencies, while the emerging market currencies are more mixed. There, several Asian currencies are leading the advance today (South Korea, Taiwan, and the Philippines). Central European currencies are posted...
Read More »Swissquote Clients Can Now Invest in Dubai Financial Market’s Securities
Online trading platform Swissquote is now connected to the Dubai Financial Market (DFM), allowing clients to invest in and trade DFM-listed securities. The platform is connected to the DFM through GTN Middle East and BHM Capital Financial Services’ direct market access route, and is expected to boost DFM-listed securities’ accessibility to investors outside the UAE. Swissquote is a provider of online financial services granting its clients access to trade a range of...
Read More »Swiss municipality to vote on banning adverts in streets
Bling on the landscape? Voters in Geneva will be able to have their say on adverts like this © Keystone / Christian Beutler The inhabitants of Vernier, a municipality in Geneva, are set to have their say on banning advertising billboards. A referendum launched against a new law banning this form of communication has collected 2,300 signatures, the co-chairman of the referendum committee, said on Monday. A total of 1,921 valid signatures had been required. Last...
Read More »