SNB & CHF

The high price of insulin is increasingly present in American political discourse as presidential candidates boast of interventions; whereas, the Federal Trade Commission, states, and even counties and school boards have brought forth lawsuits, alleging price gouging and collusion between pharmaceutical giants and pharmacies. However, as is par for the course in American politics, policymakers ignore the reality that they—not the market—created these problems, and...

The 2024 election is over, and in some states, big majorities voted for the winner Donald Trump. In Wyoming, Trump won 72 percent of the vote. In fact, more than 60 percent of the voting population went for Trump in 13 states.Fortunately for the majorities in those states, they’ll get the president they voted for.However, the outcome would have been different if fewer than a million people—in a nation of 330 million—had changed their votes in Pennsylvania, Arizona,...

After the media complained nonstop for months about Donald Trump offering a dark message on the presidential campaign trail, a New York Times headline bewailed his election victory on Wednesday morning: “America Hires a Strongman.” So anyone who cast a ballot became the moral equivalent of a mafia don hiring a hitman?The Times news analysis lamented, “This was a conquering of the nation not by force but with a permission slip. Now, America stands on the precipice of...

Real wages in Switzerland likely to rise in 2025 according to UBS Keystone-SDA Listen to the article Listening the article Toggle language selector...

USD/CHF might be developing a Bull Flag continuation pattern.  This suggests there will be an extension of the uptrend to upside targets higher.  USD/CHF – which looked as if it might be reversing trend and starting a new short-term downtrend at the start of the week – suddenly turned on a dime and spiked higher on Wednesday.  The pair rallied to a higher high, giving the established uptrend a shot in the arm. USD/CHF has since peaked and...

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

Overview:  The markets are calmer after yesterday's post-US election drama. A consolidative tone has emerged in the foreign exchange market, and the dollar is softer against all the G10 currencies, led the 1% gain in the Norwegian krone, after the central bank left rates on hold. Sweden's Riksbank delivered the expected half-point cut and the krona is up 0.5%. Japanese officials warned against excessive moves, and the PBOC set the dollar's reference rate almost 1%...

It is not often admitted, but it is nevertheless the case, that the people can be never successfully represented politically. However, public opinion influences politics, at times even strongly. In all political systems, the ruling minority must take into account, to varying degrees, the public mood as expressed in town halls, polls, elections, demonstrations, and now, social media.The most stable and popular government is, therefore, not necessarily the most...

Donald Trump is the projected winner of the 2024 presidential election. After winning back states he had lost in 2020, Trump performed well in Wisconsin, Michigan, and Pennsylvania—states Kamala Harris needed to win. Trump has won more than enough electoral votes to win back the White House and, as of early Wednesday morning, is projected to win the popular vote. Republicans have also retaken control of the Senate. Control over the House of Representatives is still...

Trump supporters celebrate victory in the US Afp Or Licensors Listen to the article Listening the article Toggle language selector...