SNB & CHF

Federal Reserve Chairman Jerome Powell analogized the central bank actions in March 2020 to the heroic evacuation of soldiers from Dunkirk in WW2. A more fitting analogy is the blunderous loss at Dunkirk that necessitated the rescue at all. Jeff Snider, Head of Global Investment Research for Alhambra Investments and Emil Kalinowski. Topics & Time Codes 00:05 Jerome Powell analogized the Fed actions in March 2020 to the WW2 Dunkirk rescue 01:27 Powell was interviewed by America's...

**This webcast originally aired live on Hedgeye.com on March 18, 2021** This is an exclusive "Hedgeye Investing Summit" interview between Jeffrey Snider, Head of Global Research at Alhambra Investments, and Hedgeye CEO Keith McCullough. Get access to Hedgeye's FREE Market Brief newsletter: https://hedgeye.com/marketbrief To watch other "Hedgeye Investing Summit" interviews, click here: https://app.hedgeye.com/feed_items/96265?with_category=17-insights

Last year a government report indicated that the law on Swissness contributes more than CHF1.4 billion ($1.48 billion) a year to the Swiss economy. © Keystone / Gaetan Bally Major industry associations have joined forces with public agencies to combat free-riders who abuse the “Swiss brand” abroad. The association for Swissness enforcement is intended to foster coordinated action against the wrongful use abroad of Swiss indications of source. It comprises 13 members,...

March 2021 was not a very special month. We could see some friends and family, which is always good. But of course, everything has to be done in small groups, so we do more invitations than usual. But there was no significant event during this month. It was a good month, though. Financially, March is always the month I receive my bonus. So this adds a lot to the income. And it is generally the best month of the year in terms of savings rate. This month, we managed...

01.04.2021 – Turnover adjusted for sales days and holidays rose in the retail sector by 6.9% in nominal terms in February 2021 compared with the previous year. Seasonally adjusted, nominal turnover fell by 5.5% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO). Real turnover adjusted for sales days and holidays fell in the retail sector by 6.3% in February 2021 compared with the previous year. Real growth...

01.04.2021 – The consumer price index (CPI) increased by 0.3% in March 2021 compared with the previous month, reaching 100.6 points (December 2020 = 100). Inflation was –0.2% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO). The 0.3% increase compared with the previous month can be explained by several factors including rising prices for clothing and footwear due to the end of the seasonal sales. Heating...

Tom welcomes a new guest, Keith Weiner, to the show to discuss the monetary forces behind inflation and debt. To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.ca There is no way to extinguish debt in our current system, so the total debt grows, and due to interest, it tends to grow exponentially. In the past, the Fed loosened regulations and lowered rates, but it's like they are pushing on a string. There is a lot of talk about a Fed coin. If...

Scottsdale, Ariz, April 1, 2021— Monetary Metals® announces that it has issued a gold token. Unlike the company’s other products, this one is not designed to pay a yield. In a sign of the times, the company intends this product to generate big speculative gains. It is designed to GO UP! It is (at issue date) 2,000 fine bucks of gold. However, some guy predicted it would go up to 4,000 or maybe even 5,122 fine bucks of gold. “It’s magical,” gushed Monetary Metals CEO...

Most of the big Swiss textile machinery companies have local production in China and only export high-end components from Switzerland. © Keystone / Gaetan Bally Amid allegations of forced labour involving Uyghur and other minorities in the garment supply chain, the Swiss textile machinery sector faces thorny questions about its ties to and reliance on China. My specialty is telling stories, and decoding what happens in Switzerland and the world from accumulated...

PayPal announced the launch of Checkout with Crypto, where US customers will be able to choose to check out with crypto seamlessly. Building on the ability to buy, hold and sell cryptocurrency with PayPal, customers using Checkout with Crypto can check out safely and easily, converting cryptocurrency holdings to fiat currency, with certainty of value and no additional transaction fees. Checkout with Crypto will automatically appear in the PayPal wallet at checkout...