SNB & CHF

Even the usually compliant members of the financial media can sense what's coming. While officials at the Fed remain focused on CPIs, the storm of recession and worse is now visible looming in the background. The Fed says don't worry, it has the tools to save us should it become necessary. It will and they can't. Part 1 of 2 about why. Eurodollar University's Money & Macro Analysis Fed Chairman Powell Press Conference November 2, 2022...

Monday Ranges: Euro: $1.0802-$1.0874JPY/$: JPY127.23-JPY128.87GBP: $1.2172-$1.2289CAD/$: CAD1.3353-CAD1.3418AUD: $0.6941-$0.7019MXN/$: MXN18.7313-MXN18.8566Rumors of an emergency BOJ meeting sent the dollar to its lows in Tokyo, slightly below the pre-weekend low (~JPY127.46). The on-the-run (most current) 10-year yield settled above the 0.50% cap and the generic 10-year bond has not traded below the 0.50% level since January 5. The market is pressing hard,...

[embedded content] 1.) Bitcoin steps out of ‚Fear‘ for the first time in nine months The Bitcoin Fear and Greed Index reached an index score of 52 over the weekend, marking the first time its hit neutral territory in three quarters.https://cointelegraph.com/news/bitcoi… 2.) Bitcoin Disciples: Only 43.5 Million Own The Crypto Globally, Study Shows https://newsbtc.com/all/bitcoin-only-… 3.) Indian Central Bank Chief Insists Crypto Should Be Banned — Warns ‚It Will...

  Dies ist der dritte Teil der Artikelreihe zu Ludwig von Mises‘ Buch „Die Gemeinwirtschaft. Untersuchungen über den Sozialismus“. In dieser und den nachfolgenden Artikeln folgen wir der zweiten umgearbeiteten Auflage von 1932. Über das Problem der Wirtschaftsrechnung Das Streben nach individueller Befriedigung treibt die Menschen zur Gesellschaftlichkeit. Geldrechnung Der Mensch will Lust erlangen und Unlust vertreiben. Darin besteht das vernunftgemäß zu...

Kelleher spent 30 years at US bank Morgan Stanley before joining the UBS board in April 2022. Keystone/gaetan Bally UBS chairman Colm Kelleher says Switzerland’s largest bank needs to expand its wealth management business in the US to compete with the big Wall Street banks. “Wealthy Americans like to be with a bank like UBS,” Kelleher told the Neue Zürcher Zeitung in an interview. “UBS has a phenomenal reputation in wealth management.” Kelleher was elected UBS...

The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data today, and according to the report, price inflation during the month decelerated slightly, coming in at the lowest year-over-year increase in fifteen months. According to the BLS, Consumer Price Index (CPI) inflation rose 6.5 percent year over year during December, before seasonal adjustment. That’s the twenty-second month in a row of inflation above the Fed’s arbitrary...

US CPI took center stage, but it was just one piece of data among a whole bunch all showing the same thing: the very downside to the supply shock predicted and forecast by real markets in real-time all this time. With an end now increasingly in sight, what are the real chances for each kind of "landing"? Eurodollar University's Weekly Recap, featuring Steven Van Metre. Twitter: https://twitter.com/JeffSnider_AIP https://www.eurodollar.university https://www.marketsinsiderpro.com...

Tune in to hear my latest podcast, The Pension Fund Time Bomb With Keith Weiner, and please like, retweet, and comment down below. Don't forget, you can always listen to Lead-Lag Live on Spotify, Apple, YouTube, and all your favorite platforms.

The agreement comes as the complexities in global pharmaceutical supply chains increase, making them more burdensome to monitor. Keystone / Martin Ruetschi US and Swiss authorities have agreed to share inspection documents on pharmaceutical manufacturing facilities in a move to improve efficiency and safety in the drug supply chain. According to the Office of the US Trade Representative, the Good Manufacturing Practice Mutual Recognition Agreement signed on Thursday...

[This article originally appeared in the January 4 edition of Lewrockwell.com.] The culprit responsible for the Wall Street crash of 1929 and the Great Depression can be easily identified—the government. To protect fractional reserve banking and generate a buyer for its debt, the US government created the Federal Reserve System in 1913 and put it in charge of the money supply. From July 1921 to July 1929, the Federal Reserve inflated the money supply by 62 percent,...