Lukas Engelberger, head of the association of cantonal health directors, has recommended making Covid certificates compulsory for riding on Swiss ski lifts, reported Le Nouvelliste. Verbier lift in 2020 © Le News According to Engelberger, requiring Covid passes to access ski lifts would remove the need to wear masks and make people feel safer. In any case most skiers are likely to have a certificate, he said. In addition, resorts would be able to increase lift...
Read More »Health expert recommends Covid certificates for Swiss ski lifts
Lukas Engelberger, head of the association of cantonal health directors, has recommended making Covid certificates compulsory for riding on Swiss ski lifts, reported Le Nouvelliste. Verbier lift in 2020 © Le News According to Engelberger, requiring Covid passes to access ski lifts would remove the need to wear masks and make people feel safer. In any case most skiers are likely to have a certificate, he said. In addition, resorts would be able to increase lift...
Read More »Number of vacant homes in Switzerland drops for first time in 12 years
© Cristianzamfir | Dreamstime.com Finding a place to live in Switzerland is difficult. Home availability is low and prices are high. On 13 September 2021, the Federal Statistical Office published data showing a sharp drop in the number of vacant homes since 2020, a development that will make home hunting harder. On 1 June 2021, there were 71,365 vacant homes in Switzerland, representing 1.54% of the total stock of housing. Since 1 June 2020, the number of vacant...
Read More »Number of vacant homes in Switzerland drops for first time in 12 years
© Cristianzamfir | Dreamstime.com Finding a place to live in Switzerland is difficult. Home availability is low and prices are high. On 13 September 2021, the Federal Statistical Office published data showing a sharp drop in the number of vacant homes since 2020, a development that will make home hunting harder. On 1 June 2021, there were 71,365 vacant homes in Switzerland, representing 1.54% of the total stock of housing. Since 1 June 2020, the number of vacant...
Read More »The Fed Is Bailing Out the Wealthy as Everyone Else Pays the Price
The Federal reserve says that inequality is a problem. At the same, the Fed also pretends to have nothing to do with it. Last September, for instance, Jerome Powell bemoaned the “relative stagnation of income” for people with lower incomes in the United States, but then claimed the Fed “doesn’t have the tools” to address this issue. Instead, Powell, being the chairman of this ostensibly “independent” and “nonpolitical” central bank, called for the federal government...
Read More »The Fed Is Bailing Out the Wealthy as Everyone Else Pays the Price
The Federal reserve says that inequality is a problem. At the same, the Fed also pretends to have nothing to do with it. Last September, for instance, Jerome Powell bemoaned the “relative stagnation of income” for people with lower incomes in the United States, but then claimed the Fed “doesn’t have the tools” to address this issue. Instead, Powell, being the chairman of this ostensibly “independent” and “nonpolitical” central bank, called for the federal government...
Read More »Inflation, Fed Taper & What It Means w/ Jeff Snider | Convergent Trading
In this webinar, we are excited to welcome back Jeff Snider. Jeff has appeared in previous Trader Spotlights to highlight the massive Repo Market and is a prominent voice in the global macro space. Jeff is the Head of Global Investment Research at Alhambra Investments. Alhambra currently manages over 230 million in assets for more than 200 clients. The firm believes its thorough market and economic research that drives its strategies are what differentiates them from the competition. Jeff...
Read More »Swiss won’t vote on arms export ban proposal
The decision by the House of Representatives is considered a political upset. Earlier this year, the house refused to restrict the powers of the government. © Keystone/Christian Beutler Campaigners seeking a ban on Swiss arms exports have withdrawn their initiative that aimed to stop weapons exports to countries in conflict. The broad allianceExternal link of political parties and non-governmental groups behind the proposal says it is pleased that parliament has...
Read More »Swiss won’t vote on arms export ban proposal
The decision by the House of Representatives is considered a political upset. Earlier this year, the house refused to restrict the powers of the government. © Keystone/Christian Beutler Campaigners seeking a ban on Swiss arms exports have withdrawn their initiative that aimed to stop weapons exports to countries in conflict. The broad allianceExternal link of political parties and non-governmental groups behind the proposal says it is pleased that parliament has...
Read More »August Retail Sales Surprise To The Upside, Because They Were Down?
According to the movie The Princess Bride, the worst classic blunder anyone can make is to get involved in a land war in Asia. No kidding. The second is something about Sicilians and death. There is also, I’ve come to learn, an unspoken third which cautions against chasing down and then trying to break down seasonal adjustments in economic data. Some things are best left just as they are published. . The Census Bureau today released its estimates for retail sales....
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