SNB & CHF

By Joe Ciolli – BusinessInsider.com Leuthold Group has sounded the alarm on a valuation metric that shows the S&P 500 is twice as expensive as it was at the peak of the tech bubble. This development could have large implications for stock investors of all types, particularly value traders who make their living by finding discounts in the market. With the stock market within shouting distance of an all-time high,...

In 2015, the cost of time lost due to delays caused by heavy vehicles, like freight trucks, was CHF444 million. Various costs related to traffic jams totalled CHF1.9 billion ($1.9 billion) in 2015, up 7% from 2010, according to the Swiss Office for Spatial Development. In a statementexternal link released on Wednesday (link in French, German and Italian), the office said that costs stemming from wasted time accounted...

Why is SHIBOR falling from an economic perspective? Simple again. China’s growth both on its own and as a reflection of actual global growth has stalled. And in a dynamic, non-linear world stalled equals trouble. Going all the way back to early 2017, there’s been no acceleration (and more than a little deceleration). The reflation economy got started in 2016 but it never went anywhere. For most of last year, optimists...

Unemployment Rate (not seasonally adjusted) Registered unemployment in July 2018 – According to SECO surveys, at the end of July 2018, 106,052 unemployed people were enrolled in the Regional Employment Centers (RAV), 527 less than in the previous month. The unemployment rate remained at 2.4% in the month under review. Compared to the same month of the previous year, unemployment fell by 27,874 (-20.8%). Switzerland...

Swiss ornithologists are alarmed: They have noticed a dramatic decline in bird populations in recent years. Since 2000 the number of skylarks in Switzerland has fallen by a third. Experts say it's a consequence of a general decline in biodiversity. (SRF/swissinfo.ch) --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos...

Swiss Franc The Euro has fallen by 0.48% to 1.1476 CHF. EUR/CHF and USD/CHF, August 09(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The global capital markets are mostly quiet. US sanctions on Turkey and Russia are pressuring their respective currencies, and the New Zealand dollar has slumped nearly 1.5% on the back of a dovish hold by the central bank. The Kiwi is...

The withdrawal of the US from the Trans-Pacific Partnership trade agreement lift it exposed on two fronts. First, the TPP was going to modernize the NAFTA. Without, the US remains locked in protracted negotiations. A breakthrough in talks with Mexico has been reportedly imminent for weeks. Talks with Canada have apparently not progressed very far in recently, and the US insistence on a sunset clause remains a...

Swiss Trade Union Federation President Paul Rechsteiner, pictured, said unions would go as far as forcing a referendum to ensure that Switzerland protects wages autonomously. (Keystone) Switzerland’s largest national trade union centre has refused to participate in discussions led by Swiss Economics Minister Johann Schneider-Ammann on easing measures for wages and working conditions as part of framework negotiations...

Female Genital Mutilation (FGM): A mother in Switzerland has been given an 8-month suspended prison sentence. She had her two daughters genitally ... Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep up to date and watch the videos wherever you are, whenever you like. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international...

Consider how a “balanced portfolio” yielding “balanced returns” worked out for middle class retirees in Venezuela. The fantasy that a “balanced portfolio” yielding “balanced returns” will fund a stable retirement for decades to come is widely accepted as a sure thing: inflation will stay near-zero essentially forever, assets such as stocks and bonds will continue yielding hefty income and capital gains, and all the...