Futuristic architecture sketches from Pascal Häusermann, 1970. Competition in Cannes, private urban atmosphere. Collection Frac Centre-Val de Loire / Donation Pascal Häusermann Swiss architects were swept up in the movement to build bubble houses out of concrete and plastic in the 1960s. While the bubble movement burst decades ago, many of the original structures are still standing to this day. Need more space? Why not just build an extra room on the side of your...
Read More »Swiss franc highest against Euro since July 2015
© Skovalsky | Dreamstime.com On 19 November 2021, the Euro went below 1.05 Swiss francs, the lowest it has been since July 2015. The Swiss franc is viewed as a safe haven currency and tends to rise when markets are bearish. However, this week the shift in exchange rate may have had more to do with the situation in Euro zone than a shift to safety. The Euro has recently weakened against a number of currencies including the Yen, US dollar and Pound. Currency traders...
Read More »Inflation Or Deflation??? I Agree With Jeff Snider
With everyone screaming inflation, the U.S. Treasuries are telling us inflation is not happening Macrovoices https://youtu.be/DfjDzlD5HQE Karissa Jolene Taylor https://youtu.be/tK9RB-_t1ys uneducatedeconomist.com [email protected] real mail P.O. 731 Astoria , OR 97103 Instagram uneducated.economist patreon https://www.patreon.com/UneducatedEconomist Want to buy me a coffee https://www.paypal.me/meatbingo where the money goes...
Read More »Jeff Snider: Inflation Vs Deflation. Part 2
?? Please Support the Channel & Subscribe here for more: http://www.youtube.com/channel/UCZIFOCfVxLJexAKnSb2TWXg?sub_confirmation=1 Jeff Snider: Inflation Vs Deflation. Part 2 As the reflation trades cools down and the economic data begins to roll over, Jeff Snider, head of global research at Alhambra Investments, anticipates an ugly, near-term outcome for growth. In this conversation he explains how bonds and financial conditions have been signaling a return to the environment of...
Read More »Covid Surge Compounds Monetary Divergence to give the Euro its Biggest Weekly Loss in Five Months
Strong US consumption and production figures kept the greenback well supported last week on the heels of the jump in CPI to 6.2%. Meanwhile, the surge of Covid cases in Europe underscores the divergences with the US, sending the euro to new lows for the year. At the same time, oil prices headed south for the fourth consecutive week, matching the longest decline in more than two years. It did not favor the Norwegian krone, the weakest of the majors, with a 2.15%...
Read More »How the pandemic has widened inequalities in Swiss watchmaking
Audemars Piguet is one of four independent brands that dominate the global luxury watch market. Thomas Kern Driven by strong Chinese demand, Swiss watchmaking is recovering after suffering one of its biggest economic shocks in 2020. But the crisis has further widened the gap between the few brands that take the lion’s share of the profits and the rest of the industry. My specialty is telling stories, and decoding what happens in Switzerland and the world from...
Read More »Is Price Stability Really a Good Thing?
One of the mandates of the Federal Reserve System is to attain price stability. It is held that price stability is the key as far as economic stability is concerned. What is it all about? The idea of price stability originates from the view that volatile changes in the price level prevent individuals from seeing market signals as conveyed by changes in the relative prices of goods and services. For instance, because of an increase in the demand for apples, the prices...
Read More »56 Millionen Dollar: DOJ verkauft von Bitconnect beschlagnahmte Kryptowährung
Das US-Justizministerium (DOJ) verkauft Kryptowährungen im Wert von 56 Millionen US-Dollar, die bei der “Nummer eins der Promoter” von Bitconnect, dem größten jemals strafrechtlich angeklagten Krypto-Betrugssystem, beschlagnahmt wurden. Die Anleger wurden in betrügerischer Absicht dazu gebracht, über 2 Milliarden Dollar zu investieren. Dem Bitconnect-Promoter droht eine Höchststrafe von 20 Jahren Gefängnis. Das US-Justizministerium gab am Dienstag bekannt, dass es...
Read More »Jeff Snider: Inflation Vs Deflation.
?? Please Support the Channel & Subscribe here for more: http://www.youtube.com/channel/UCZIFOCfVxLJexAKnSb2TWXg?sub_confirmation=1 Jeff Snider: Inflation Vs Deflation. As the reflation trades cools down and the economic data begins to roll over, Jeff Snider, head of global research at Alhambra Investments, anticipates an ugly, near-term outcome for growth. In this conversation he explains how bonds and financial conditions have been signaling a return to the environment of the...
Read More »Reading Jeff Snider: The Wage/Economy Illusion [Ep. 162, Macropiece Theater]
China's imports of iron value is soaring, signaling a booming economy. A closer look reveals that it is iron prices which are soaring but volume - the real stuff, the real goods - is falling. What does that signal? That the world has fallen for a "booming economy" illusion. A reading, by Emil Kalinowski. ----------WHO---------- Jeff Snider of Alhambra Investments. Read by Emil Kalinowski. Art by David Parkins. Intro/outro is "Alegro" by TAGE at Epidemic Sound....
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