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SNB & CHF

Weekly Market Pulse: Opposite George

It all became very clear to me sitting out there today, that every decision I’ve ever made, in my entire life, has been wrong. My life is the complete opposite of everything I want it to be. Every instinct I have, in every aspect of life, be it something to wear, something to eat… It’s all been wrong. Every one. – George Constanza If every instinct you have is wrong, then the opposite would have to be right. – Jerry Seinfeld From the Seinfeld episode “The Opposite” I...

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ECB Rate Hike is Kiss of Economic Death [Ep. 269, Eurodollar University]

The European Central Bank raised rates in July 2008 because consumer prices were too high; the Global Financial Crisis climax came next. They did it again, in July 2011, for the same reason; the European Sovereign Debt crisis appeared shortly after. Here we go again, a July 2022 rate hike, same reasons; what happens next? ****EP. 269 REFERENCES**** A European Rate Hike Is the Global Economy's Kiss of Death: https://bit.ly/3S7hCcu RealClear Markets Essays: https://bit.ly/38tL5a7 Epoch Times...

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Macro and Prices

Next week, there are three big events:  the US jobs report, the Reserve Bank of Australia meeting, and the Bank of England's meeting. That said, the final PMI readings may be more helpful this time than we often see because of how quickly it appears activity has stalled. After we review the likely highlights and share a few other observations, we will look at the technical condition of the major dollar pairs.  On August 3 in Sydney, the Reserve Bank of Australia...

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August 2022 Monthly

We can hope that August will be quiet. The Federal Reserve, the European Central Bank, and the Bank of Japan do not meet until September. With a snap Italian election on September 25, an Italian political storm may wait for vacationers to return. The volatility of the S&P 500, the VIX, is at three-month lows, and the equivalent measure in the Treasury market (MOVE) has come off sharply from the peak in early July that was above the 2020 extreme. Investors and...

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Recession, Inflation, And The Global Economy By Peter Schiff, Gregory Mannarino, And Jeff Snider

Welcome back to Crypto Studio 247, the best cryptocurrency news media online! This video is very informative, you'll see Peter Schiff, Gregory Mannarino, and Jeff Snider opinions on "Recession, Inflation, and the Global Economy." They also explain the factors influencing it. So, listen till the end to understand the complete game. About Peter Schiff: Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news,...

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Switzerland faces shortage of air traffic controllers

Skyguide has doubled wages for first-year trainees from CHF2,000 to CHF4,000 a month © Keystone / Martial Trezzini Swiss air navigation service provider Skyguide says it is struggling to recruit air traffic controllers, especially in French-speaking Switzerland. Only five people are starting training in September, although there are 16 posts to be filled. “This is a general trend in Europe, but it is particularly pronounced in western Switzerland,” said Skyguide boss...

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GDP Shrinks Again as Biden Quibbles over the Definition of “Recession”

The U.S. economy contracted for the second straight quarter during the second quarter this year, the Bureau of Economic Analysis reported Thursday. With that, economic growth has hit a widely accepted benchmark for defining an economy as being in recession: two consecutive quarters of negative economic growth. According to the BEA, the US economy contracted 0.9 percent during the second quarter in the first estimate of real GDP as a compounded annual rate. This...

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Emil Kauder as an Austrian Dehomogenizer

Rothbard's two-volume An Austrian Perspective on the History of Economic Thought contains a lengthy reference list, but a close look at the books reveals that Rothbard continually cited certain authors and borrowed his theses from them. One of them was Emil Kauder. Kauder appears to be quite an important figure: a member of the third generation of Austrian economists in Vienna and a prolific scholar whose publications appeared in many academic outlets. Yet, Kauder...

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𝐗𝟐𝟐 𝐑𝐄𝐏𝐎𝐑𝐓! 𝐂𝐇𝐀𝐑𝐋𝐄𝐒 𝐇𝐔𝐆𝐇 𝐒𝐌𝐈𝐓𝐇 – 𝐈𝐓’𝐒 𝐓𝐈𝐌𝐄 𝐓𝐎 𝐄𝐍𝐃 𝐓𝐇𝐄 𝐅𝐄𝐃 & 𝐑𝐄𝐓𝐔𝐑𝐍 𝐓𝐎 𝐀 𝐃𝐄𝐂𝐄𝐍𝐓𝐑𝐀𝐋𝐈𝐙𝐄𝐃 𝐂𝐔𝐑𝐑𝐄𝐍𝐂𝐘

𝐗𝟐𝟐 𝐑𝐄𝐏𝐎𝐑𝐓! 𝐂𝐇𝐀𝐑𝐋𝐄𝐒 𝐇𝐔𝐆𝐇 𝐒𝐌𝐈𝐓𝐇 - 𝐈𝐓’𝐒 𝐓𝐈𝐌𝐄 𝐓𝐎 𝐄𝐍𝐃 𝐓𝐇𝐄 𝐅𝐄𝐃 & 𝐑𝐄𝐓𝐔𝐑𝐍 𝐓𝐎 𝐀 𝐃𝐄𝐂𝐄𝐍𝐓𝐑𝐀𝐋𝐈𝐙𝐄𝐃 𝐂𝐔𝐑𝐑𝐄𝐍𝐂𝐘

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Bear Market Jeff Snider | The Fed Has Been Lying & Have No Ideas What’s Going On

Bear Market Jeff Snider,The Fed Has Been Lying & Have No Ideas What's Going On. Jeff Snider is one of the foremost experts on the global monetary system. #jeffsnider#recession#bearmarket#inflation credit https://www.youtube.com/watch?v=mg4ksE3SBrw 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...

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