SNB & CHF

Der SMI fällt 0,40 Prozent auf 11’091,93 Punkte. Vor der am Abend erwarteten Zinsentscheidung der US-Notenbank haben die Anleger einen Gang zurückgeschaltet. Die Freude von Vortag, als die Nachricht über den nachlassenden Inflationsdruck in den USA die Märkte angetrieben hatte, sei wieder der Vorsicht gewichen, heisst es in Börsenkreisen. Daher bröckelten die Kurse ab. Nach dem Rückgang der Inflation dürfte das Fed den Leitzins wie erwartet wohl nur um 50 Basispunkte...

The FOMC met today and hiked rates. More than that, they set course for more to come and policymakers holding those up for a longer period. And the markets completely, totally, utterly rejected the "almighty" Fed. This is why. Eurodollar University's Money & Macro Analysis Twitter: https://twitter.com/JeffSnider_AIP https://www.eurodollar.university https://www.marketsinsiderpro.com https://www.PortfolioShield.net RealClearMarkets Essays: https://bit.ly/38tL5a7 THE...

Keith Weiner clarifies why he is touting gold ownership and is bullish on the dollar and explains and why leasing or lending precious metals may be valuable.

Overview: The softer than expected US CPI drove the dollar and interest rates lower, while igniting strong advances in equities, risk assets, commodities, and gold. Calmer market conditions are prevailing today, and we suspect that in the run-up to the FOMC meeting, a broadly consolidative tone will emerge. The dollar is mostly softer, but within yesterday’s ranges. Only the New Zealand and Canadian dollars among the G10 currencies are softer. Emerging market...

What physical precious metals investors can expect 2023 and beyond Throughout the better part of 2022 there has been one question that has consistently, and predictably, popped up in conversations with my friends, clients and readers. Those who know me and are familiar with my ideas are well aware of my position on precious metals and the multiple roles they serve, so I can’t blame them for them for being curious whether I still “stick to my guns” in this...

Nestlé plans to create about 1,500 additional jobs in Ukraine. Keystone/Laurent Gillieron The Swiss multinational Nestlé says it will invest CHF40 million ($42. million) to launch a new production facility in western Ukraine. The world largest food and beverage company is one of very few international companies to announce new investments in Ukraine since Russia invaded the country in February. A senior Nestlé manager described it as a important move in a...

14.12.2022 – The Producer and Import Price Index fell in November 2022 by 0.5% compared with the previous month, reaching 109.2 points (December 2020 = 100). Lower prices were seen in particular for pharmaceutical and chemical products as well as for petroleum and natural gas. In contrast, petroleum products became more expensive. Compared with November 2021, the price level of the whole range of domestic and imported products rose by 3.8%. These are the results...

In mid-November, while the whole world was focused on the Ukraine crisis, the US midterms or whatever other “big story” the media decided was more important, a truly momentous shift took place in the global financial system. It might seem like a small step on the surface, but it has the potential to bring about a real and possibly irreversible sea change in the way we use money; or better said, the way it uses us. As Reuters reported on the 15th of November, “Global...

The narrative to attack any tax cut and defend any increase in government size is reaching feverish levels. However, we must continue to remind citizens that constantly bloating government spending and increasing the size of monetary interventions are some of the causes of the widespread impoverishment of the middle class. Constantly increasing taxes and diminishing the purchasing power of the currency is wiping out the middle class in most developed nations....

The November CPI report has been characterized as a shock when it was anything but. Markets have told you, me, everyone this was always going to happen. What is standing in the world's way from realizing this - and so much more - is Economics, the kind practiced by professional jackasses. Unnecessary confusion, untold destruction. Eurodollar University's Money & Macro Analysis Twitter: https://twitter.com/JeffSnider_AIP https://www.eurodollar.university...