SNB & CHF

So here we are again.I remember watching, nineteen years ago, as Hurricane Katrina devastated New Orleans and surrounding areas. I remember donating bags full of supplies to an organization that was collecting them in New York City and taking them to the stricken areas. I remember hearing about people who lived in those areas coming together, getting organized, and doing whatever they could to help each other – and I remember hearing about FEMA agents doing...

Share this article Over the last years, we have encountered an abundance of alarmist and hysterical “warnings” and admonitions, foretelling the impending doom of the world as we know it. Market corrections have served as an excuse for scaremongers to cultivate panic over a total systemic collapse. Surprising political shifts, like unexpected electoral results, have been coopted to support extreme scenarios, predicting the fall of the current world order. Especially...

John Maynard Keynes was an English “economist” who spawned a revolution in economic thinking that broke out in Britain from a cesspool of socialist thinking, creating a title wave of anti-economics that overwhelmed and dominated the economics profession worldwide known as Keynesian economics. His experience as an investor is very instructive of his mindset and the unfortunate revolution that he brought to the world.The Keynesian RevolutionMost economists now eschew...

As the 2024 US presidential election approaches, investors worldwide are closely monitoring potential ramifications on global markets, including the euro. The outcome of this election could significantly influence currency fluctuations, trade policies, and international relations as Republican candidate Donald Trump seeks to regain the White House from the Democratic party – which has nominated Kamala Harris, current vice president to Joe Biden. The Current State of...

Many people oppose the free market because it leads to inequality of wealth and income. It is unfair, they say, that some people have vastly more money than others. Some defenders of the free market respond that these inequalities, while undesirable in themselves, make the poor better off than they would be otherwise, and so should be accepted. Another argument made by defenders of the free market is that restricting inequality would interfere liberty, so that,...

My friends at AARP were the first to let me know that my monthly stipend from taxpayers by way of Uncle Sam will increase by 2.5% beginning in January. The retiree advocate gives some laughable context, “The 2025 cost-of-living adjustment (COLA) is the lowest since 2021, reflecting a continued cooling of inflation following a surge in consumer prices during the COVID-19 pandemic.”Rob Williams, managing director of financial planning at Charles Schwab, told AARP,...

Following Hurricane Helene, many private helicopter pilots launched their own search and rescue missions. One would think government officials would welcome the help of these volunteers, but instead they harassed them and even threatened to arrest them!For example, one private helicopter pilot rescued an individual stranded by Helene. Unfortunately, he was threatened with arrest if he flew his helicopter back into the impacted area to save someone left behind on the...

CF: telecommuting and frontier workers, from January new law Keystone-SDA Listen to the article Listening the article Toggle language selector...

From 2025, the exemption limit for private purchases abroad will fall Keystone-SDA Listen to the article Listening the article Toggle language selector...

USD/CHF is trading in a mini-range after pulling back from new highs.  This is probably a pause before the pair goes to new highs.  USD/CHF is consolidating within its short-term uptrend in what is likely to be a temporary pull back before the market goes higher again. The pair is probably in a short-term uptrend now given the rising sequence of peaks and troughs since it broke out of the range-bound consolidation in August and September. ...