SNB & CHF

In physics, the heat death of the universe occurs if all matter is moving apart. If it happens, it will be long after we're gone. But there's a troubling move towards the heat death of the economy. There is a diminishing return on debt. Keith Weiner is the founder and CEO of Monetary Metals, an investment firm that is unlocking the productivity of gold. Become an Ayn Rand Centre UK Member Here! https://AynRandCentre.co.uk/become-a- Check Out Our Playlists!...

Vol. 5 The Bellringer - Conversations with Thought Leaders - The Post-Election Economy - Stacey Mankoff & Marc Chandler

Ob das Luna (Terra)-Projekt noch gerettet werden kann, steht in den Sternen. Nachdem der ursprüngliche Cryptocoin bereits abstürzte, ist jetzt auch der Relaunch gescheitert – zumindest vorerst. Crypto News: Auch Luna-Neustart gescheitertDer Kopf von Terra, Do Kwon, ist vielen dadurch bekannt geworden, dass sein Projekt einen historischen Absturz erlebte. Im Mai dieses Jahres verlor Terra innerhalb von ungefähr 5 Tagen seinen Wert vollständig. Von fast 100 US-Dollar...

The most important sustainable themes in 2021 were energy, social concerns and environmental issues. Keystone / Laurent Gillieron The volume of sustainable investments in Switzerland increased by almost a third last year, reaching an all-time high of CHF1.98 trillion ($2 trillion). This continuing growth – the rate is almost the same as last year – is mainly due to the increased use of sustainable investment approaches and the overall positive market development in...

US President Joe Biden has a three-step plan to address the vulnerable US economy. We agree the economy is vulnerable but note that it is not for the reasons the president believes. Also, we note similarities between President Xi Jingping's 2017 messaging and Biden's 2022 narrative. ----EP. 244 REFERENCES---- Joe Biden: My Plan for Fighting Inflation: https://on.wsj.com/3MpUAcT President Phillips Emerges To Reassure On Growing Slowdown: https://bit.ly/3Nuslej Alhambra Investments Blog:...

Overview: Equity markets in Asia Pacific and Europe are weaker.  The main exception in Asia Pacific was India, where the market rose by about 0.75%.  Europe's Stoxx 600 is lower for the third consecutive session and is now down on the week.  US futures are up around 0.3%-0.4%.  The 10-year Treasury yield is hovering a little above 3%.  European peripheral yields are softer ahead of the ECB meeting.  New Zealand’s 10-year yield jumped eight basis points in response...

There is scattered evidence that home prices are finally starting to slow down. But, if the phenomenon is system-wide, we’re still waiting to see the evidence in numbers. Last week, the most recent Case-Shiller national data, for example, showed that home prices in March rose an eye-popping 20 percent, year over year. That’s well in excess of what we saw during the height of the housing bubble leading up to the 2008 financial crisis. That makes nine months in a row...

If there was only one causal factor nudging the economy into recession, it might be a mild, brief recession. But with all five conditions in confluence, this recession will be unlike any other. Recessions reliably arise from the confluence of these conditions. Note that any one condition can trigger a recession, but no one condition guarantees a recession. Severe, long-lasting recessions occur when multiple conditions arise at the same time. 1. The business cycle....

Let’s engage in a thought experiment. Suppose that Ukraine was headed by a pro-Russia regime. After repeated failed attempts at assassination by the CIA, the Pentagon finally decides to invade Ukraine for the purpose of bringing about regime change — i.e., ousting the pro-Russia regime from power and replacing it with a pro-U.S. regime. What then would be the response of American statists, especially those within the U.S. mainstream press? There is no doubt about...

Overview: After modest US equity gains yesterday, the weaker yen and Beijing’s approval of 60 new video games helped lift most of the large markets in the Asia Pacific region. South Korea and India were notable exceptions. Europe's Stoxx 600 is off for the second day as Monday's 0.9% advance continues to be pared. US futures are trading lower. The 10-year Treasury yield continues to hover around 3%, and European yields are up 3-5 bp today. The euro is little changed...