SNB & CHF

Swiss National Bank President Thomas Jordan spoke at the Federal Reserve’s annual Jackson Hole symposium on Saturday. “Structural factors such as the transition to a greener economy, rising sovereign debt worldwide, the demographic transition and ultimately also the fact that globalization appears to have peaked — at least temporarily — could lead to persistently higher inflationary pressure in the coming years” “There are signs that inflation is increasingly...

The San Francisco Fed reveals why US consumer prices accelerated more than other nations (i.e. stimulus checks). Also, the SF Fed explains why and when prices accelerated during 2020-22 (i.e. demand collapse and surge; supply shocks). At no point was it the Fed 'money printer go brr'. ****EP. 281 REFERENCES**** Why Is U.S. Inflation Higher than in Other Countries?: https://bit.ly/3CJZgt3 How Much Do Supply and Demand Drive Inflation?: https://bit.ly/3Riu9IZ RealClear Markets Essays:...

There is a story of war and peace in the contemporary currency markets. It has a main plot and many subplots. As yet, the story is without end. That may come sooner than many now expect. The narrator today has a more challenging job than the teller of the story about neutral, Entente, and Central Power currencies during World War I. (See Brown, Brendan “Monetary Chaos in Europe” chapter 2 [Routledge, 2011].) Today’s Russia war (whether the military conflict in...

Overview: The reverberations from last week continue to roil the capital markets today. Equities and bonds have been sold and the greenback bought. Most of the large markets in Asia Pacific fell by more 2%, including Japan’s Nikkei, Taiwan’s Taiex, and South Korea’s Kospi. Ironically, the Shanghai and Shenzhen Composites eked out minor gains, but the CSI 300 still eased. Europe’s Stoxx 600 is off 1% after falling nearly 1.7% before the weekend. US futures warn of...

Support us on Patreon - https://www.patreon.com/roundtableinsight http://financialrepressionauthority.com/2022/08/26/the-roundtable-insight-charles-hugh-smith-on-the-insanity-of-central-banks-in-addressing-inflation/

The pandemic and the war in Ukraine have fundamentally changed the constraints on monetary policy. Uncertainty has increased strongly in many respects, and there has been a sharp rise in inflation. In June 2022, the SNB raised its policy rate for the first time in 15 years and announced that further increases may be necessary in the foreseeable future. The decision was taken against a backdrop of high uncertainty. Interpreting the current data is difficult,...

Swiss sockets: currently waiting nervously for the winter ahead. © Keystone / Gaetan Bally The head of the Swiss Federal Electricity Commission (Elcom) reckons a winter energy crisis is virtually unavoidable. However, he said the cause of the problem – war in Ukraine – was also difficult to predict. Speaking to SRF public radio on Saturday, Werner Luginbühl said the “exorbitant rise in electricity prices” was already putting certain Swiss businesses into existential...

Gregory (Scotland Yard detective): “Is there any other point to which you would wish to draw my attention?” Sherlock Holmes: “To the curious incident of the dog in the night-time.” Gregory: “The dog did nothing in the night-time.” Sherlock Holmes: “That was the curious incident.” From Silver Blaze by Arthur Conan Doyle, 1892 It is hard to determine sometimes what causes markets to move as they do. Take last Friday’s stock market selloff. The widely cited “reason”...

Everything Is About To Crash Jeff Snider, Treasury Bills. #jeffsnider#treasurybills#economy#useconomy# DISCLAIMER : I am not a financial advisor. The ideas presented in this video are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is...

In Switzerland, almost 1.7 million people were aged 65 or older at the end of 2021, a figure that makes up 19% of the population, according to data published on 28 August 2022. Photo by cottonbro on Pexels.com In 2021, one woman in five and one man in six was aged over 64, according to the Federal Statistical Office (FSO). Switzerland’s dependency ratio, which is the percentage of the population over 64 divided by the working age population1, reached 31.1% in 2021,...