SNB & CHF

Most economists are of the view that through the inspection of economic data it is possible to identify early warning signs regarding boom bust cycles. What is the rationale behind this way of thinking? During the 1930s the National Bureau of Economic Research (NBER) introduced the economic indicators approach to ascertain business cycles. A research team led by W.C. Mitchell and Arthur F. Burns studied about 487 economic data points in order to establish what...

Two awful people and two good ones. Avenatti and Sullivan are examples of what's wrong with our society and government. Charles Hugh Smith (OfTwoMinds blog fame) and Liberal Hivemind (YouTube) are examples of what we do right.

The US dollar continued to trend higher last week, helped by the unexpectedly strong retail sales report.  Despite disappointing August jobs growth and the moderation in consumer prices, the Fed has no compelling reason not to move forward with plans to taper before the end of the year.  The Norwegian krone had been bid most of last week, ahead of the central bank's likely rate hike next week, but it lost nearly 1% before the weekend. It was the second consecutive...

The US dollar continued to trend higher last week, helped by the unexpectedly strong retail sales report.  Despite disappointing August jobs growth and the moderation in consumer prices, the Fed has no compelling reason not to move forward with plans to taper before the end of the year.  The Norwegian krone had been bid most of last week, ahead of the central bank's likely rate hike next week, but it lost nearly 1% before the weekend. It was the second consecutive...

[unable to retrieve full-text content]As a senior in high school, I ran for class president with “Do the right thing” as my campaign slogan. Though I realized years ago how utterly pretentious that message is, I’m often reminded that it’s good politics, which proves the point that politics is poison.

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Lukas Engelberger, head of the association of cantonal health directors, has recommended making Covid certificates compulsory for riding on Swiss ski lifts, reported Le Nouvelliste. Verbier lift in 2020 © Le News According to Engelberger, requiring Covid passes to access ski lifts would remove the need to wear masks and make people feel safer. In any case most skiers are likely to have a certificate, he said. In addition, resorts would be able to increase lift...

Lukas Engelberger, head of the association of cantonal health directors, has recommended making Covid certificates compulsory for riding on Swiss ski lifts, reported Le Nouvelliste. Verbier lift in 2020 © Le News According to Engelberger, requiring Covid passes to access ski lifts would remove the need to wear masks and make people feel safer. In any case most skiers are likely to have a certificate, he said. In addition, resorts would be able to increase lift...

© Cristianzamfir | Dreamstime.com Finding a place to live in Switzerland is difficult. Home availability is low and prices are high. On 13 September 2021, the Federal Statistical Office published data showing a sharp drop in the number of vacant homes since 2020, a development that will make home hunting harder. On 1 June 2021, there were 71,365 vacant homes in Switzerland, representing 1.54% of the total stock of housing. Since 1 June 2020, the number of vacant...

© Cristianzamfir | Dreamstime.com Finding a place to live in Switzerland is difficult. Home availability is low and prices are high. On 13 September 2021, the Federal Statistical Office published data showing a sharp drop in the number of vacant homes since 2020, a development that will make home hunting harder. On 1 June 2021, there were 71,365 vacant homes in Switzerland, representing 1.54% of the total stock of housing. Since 1 June 2020, the number of vacant...