SNB & CHF

Rate Hike Will Worsen Recession And Economic Growth Jeff Snider Bear Market Jeff Snider is one of the foremost experts on the global monetary system. #jeffsnider#recession#bearmarket#inflation DISCLAIMER : I am not a financial advisor. The ideas presented in this video are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. This information is what was found publicly on the internet. This information could’ve been doctored or...

He went to law school at Georgetown with Fed chief Jerome Powell in the 1970s… Then built the largest publishing empire of its kind, with more subscribers than the Washington Post and The Wall Street Journal combined. Along the way he’s written three New York Times bestselling books. As perhaps the most anti-social ‘rich guy’ in America, he rarely makes public appearances, instead retreating to his 100,000-plus acres in South America… his two centuries-old...

Overview: Strong gains in US equities yesterday and easing fears following Pelosi’s visit to Taiwan helped lift most Asia Pacific equities, with Hong Kong leading the way with a 2% rally. Taiwan, Australia, and India did not participate in the regional rally. The Stoxx 600 is edging higher today. It was flat on the week through yesterday. US futures are a little firmer. The greenback is offered against the major currencies led the Antipodeans. The Japanese yen...

Wann immer es um die Kontrolle über den Finanzmarkt geht, scheinen die beiden großen Parteien in den USA kein Problem damit zu haben, schnelle Einigkeit zu erzielen. In einem von beiden Parteien unterstützten Entwurf geht es mal wieder darum, den Cryptocoin-Markt unter staatliche Aufsicht zu stellen. Crypto News: Nächster Versuch einer Cryptocoin-Regulierung aus den USADie sogenannte CFTC (Commodity Futures Trading Commission) soll dem Markt übergeordnet werden,...

Libertarians have a reputation for denigrating traditional American institutions. They deride the Superbowl as “sportsball,” sneer at mass-market entertainment as “bread and circuses.” It goes deeper than that. As Mises Institute president Jeff Deist says: While libertarians enthusiastically embrace markets, they have for decades made the disastrous mistake of appearing hostile to family, to religion, to tradition, to culture, and to civic or social institutions—in...

Credit and debit cards are more popular than cash payments the survey has confirmed. Keystone/Martin Ruetschi A new survey has confirmed a growing role of debit and credit cards as popular payment method in Switzerland. Some 52% of respondents in a survey said either of the cards were absolutely indispensable for them, the independent online comparison service, moneyland.ch, said. The share of respondents who prefer cash dropped to 30%, down 4% on the previous year,...

The Fascist Boogeyman awakes again The threat of a far-right takeover has been around for at least three decades in Europe and Italy has been one of the best “candidates” for the “beginning of the end” since the last European crisis ten years ago. Back then it was the Lega, led by Salvini, that fueled the scaremongering campaigns of the mainstream press, labeling every conservative policy point as basically pure fascism. Of course, none of those grim...

Overview: The market is judging China's response to Speaker Pelosi's visit in a mild way and risk appetites returned. Equity markets are higher, even though Chinese shares weakened. Europe's Stoxx 600 is edging higher after two days of small loses, and US futures enjoy a firmer bias. The surge in US rates yesterday has calmed. The US 10-year yield is firm near 2.76% and the 2-year yield is up a couple of basis points near 3.07%. European yields are 4-5 bp higher and...

It’s almost time for the Social Security Administration to break out pencil and calculator to find out how much more it costs to live this year than it did last, and then decide how much of a raise Social Security beneficiaries will get in 2023. For 2022, the Social Security Cost of Living Adjustment (COLA) was 5.9%, the largest increase since 1982. Well, hang on to your hat boys and girls because, in the words of Bachman Turner Overdrive, “you ain’t see nuthin’...

After months of being portrayed as a villain or worse in the mainstream media, Joe Manchin suddenly has become a Democratic Party hero—all because he has declared he will support legislation that he and President Joe Biden claim will “reduce inflation” and give us better weather. Not surprisingly, the New York Times is leading the way in effusively praising the legislation, claiming the bill “would be the most ambitious action ever taken by the United States to try...