SNB & CHF

The Payroll Report (Establishment Survey) is not wrong but it is inappropriate. Heavy statistical dampening prevents the payroll report from showing economic inflections. Meanwhile, the Household Survey - note statistically constrained - is emitting recession warnings. ****EP. 271 REFERENCES**** Same Labor, Different Worlds: http://www.marketsinsiderpro.com/ RealClear Markets Essays: https://bit.ly/38tL5a7 Epoch Times Columns: https://bit.ly/39ESkRf ****THE EPISODES**** YouTube:...

Joseph Sobran discovered these Garet Garrett essays “one night, long ago, at the office of National Review, where I then worked.” As the flagship of modern conservatism, National Review supported the Cold War and the hot war then raging in Vietnam. “Two questions occurred to me,” Sobran writes. “One: ‘Why haven’t I heard of this man before?’ Two: ‘If he’s right, what am I doing here?” I discovered these essays at 16 in a Seattle bookstore that specialized in...

(Traveling and unable to provide a technical overview this week.) Rising price pressures, stronger and more persistent than generally expected, has been the main challenge for consumers, businesses, and policymakers. It will stay top of mind in the week ahead as both the world's two largest economies, the US and China, report July consumer and producer prices.  During the Great Depression, the central governments discovered their balance sheets, and budget deficits...

Die Entkopplung des Cryptomarktes vom traditionellen Aktienmarkt hat noch nicht stattgefunden. Stattdessen sieht man weiterhin eine enge Bindung zwischen den großen Indizes, wie dem S&P 500 oder dem NASDAQ, und Bitcoin. Bitcoin News: Bitcoin und Aktienmarkt immer noch eng verbundenWeiterhin verhalten sich Cryptocoins natürlich volatiler als die Indizes – so verlor der BTC bisher im Jahr 2022 51%, der S&P 14% und der NASDAQ 22%. Doch die Kursbewegung dieser...

The capital asset pricing model (CAPM) is an important investment model that describes how investors expect to be compensated for the time value of money and risk. The more risk you take, the more you want to be compensated. The formula is expressed as follows: (A) Re = Rf + Beta * (Rm – Rf), where Rf is risk-free return, Rm is the market return, and Beta is a risk element. A pure risk-free rate of return does not exist. Any government could print money and “safely”...

Jeff Snider is one of the foremost experts on the global monetary system, specifically the eurodollar money system, and all aspects of its misunderstood inner workings and how they impact global markets, commerce, and economy. On this episode, we're discussing macro effects Guest: Jeff Snider Eurodollar University podcast ➜ https://bit.ly/JeffSniderYT #crypto #Bitcoin #cryptocurrency ~Has Crypto Bottomed? | Macro Markets w/ Jeff Snider~...

Overview: The US dollar enjoys a firmer bias against the major currencies ahead of the July employment data. Emerging market currencies are mixed. Asian currencies are generally firm while central Europe is a bit softer. Some detect a relaxation in tensions around Taiwan, though China’s aerial harassment continues. Taiwanese shares jumped 2.25% to lead the region that saw China’s CSI 300 rally over 1%. Europe’s Stoxx 600 is giving back yesterday’s 0.2% gain, even...

Most economists see GDP as a snapshot of the performance of the economy. However, it is better understood as a misleading statistic which fails to accurately describe what really is happening economically. Original Article: “GDP Provides a False Reading of the State of the Economy” The GDP (gross domestic product) statistic portrays a view that the key driving factor of economic growth is not the production of wealth but rather its consumption. Instead, it is a...

These measures, intended to mitigate a risk of liquidity problems at Sberbank (Switzerland), will remain in force until September 1 © Keystone / Michael Buholzer The Swiss financial regulator (FINMA) has extended previously imposed protective measures at the Zurich-based subsidiary of Russian bank Sberbank. These measures, intended to mitigate a risk of liquidity problems at Sberbank (Switzerland), will remain in force until September 1, 2022, FINMA said in a...

Asset manager BlackRock has selected cryptocurrency exchange platform Coinbase to provide the institutional clients of Aladdin®, BlackRock’s end-to-end investment management platform, direct access to crypto starting with bitcoin. Coinbase Prime will provide crypto trading, custody, prime brokerage, and reporting capabilities to Aladdin’s institutional client base who are also clients of Coinbase. Built for institutions, Coinbase Prime integrates advanced agency...