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SNB & CHF

A conversation with Thikra Mohammed Nader, exiled Iraqi journalist

Thikra Mohammed Nader, a Baghdad native who worked there as a journalist for a quarter century, fled to Switzerland in 2006. Decades ago, she was honoured by the Iraqi government for her work and was one of the first journalists on the ground of the Iran-Iraq war in 1980. But throughout her career and especially following the arrival of American troops in Iraq in 2003, she was targeted and threatened for her writing which contained ideas that ran counter to the agenda of the ruling regime...

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FX Daily, October 6: The Dollar Tests Key Supports and Pauses

Swiss Franc The Euro has fallen by 0.06% to 1.0776 EUR/CHF and USD/CHF, October 06(see more posts on EUR/CHF, USD/CHF, ) Source: investing.com - Click to enlarge FX Rates Overview: Market moves have stalled. The MSCI Asia Pacific Index did manage to extend Monday’s gains, but other markets are heavier. Europe’s Dow Jones Stoxx 600 is snapping a three-day advance. The communications sector is the sole standout, though financials and energy are little changed....

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Kantonaler Wahlnotstand

In wenigen Tagen wird im Kanton Aargau, aber auch in anderen Kantonen, das Kantonsparlament und die Kantonsregierung gewählt. Der Wahlkampf ist eher flau. Vielleicht weil es daran liegt, dass das grösste Thema einfach totgeschwiegen wird: Corona wird bei keiner Partei auch nur schon erwähnt (und wenn doch, bitte zeigen Sie’s mir!). Wieso? Haben alle Parteien Angst vor einer eigenen Meinung? Angst vor einer Verteufelung, wie es die Medien schon an anderen Orten...

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Pandemic increases demand for second homes in Switzerland

© Roland Van Der Meeren | Dreamstime.com Demand for second homes has risen since restrictions related to coronavirus were loosened, according to real estate company Wüest Partner. The option of remote working appears to be encouraging some to trade time in central city locations for more time in Alpine resorts, the countryside, commuter regions and smaller cities. The prices of second homes have risen 3.6% over the last 12 months, according to firm. Demand for...

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Who’s Negative? The Marginal American Worker

The BLS’s payroll report draws most of the mainstream attention, with the exception of the unemployment rate (especially these days). The government designates the former as the Current Employment Statistics (CES) series, and it intends to measure factors like payrolls (obviously), wages, and earnings from the perspective of the employers, or establishments. The Establishment Survey. Its cousin is called the Household Survey, or CPS, the Current Population Survey,...

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Explaining the Plan to Dismantle Schools and the Fed’s Alchemy

Bob reads from an article recently tweeted out by the NEA, which calls for an end to schooling as we know it in order to promote anti-racism. He then discusses what the Fed has been up to since the coronavirus panic began. Mentioned in the Episode and Other Links of Interest: The YouTube version of this episode (with lots of visuals). Karlyn Borysenko’s YouTube episode on the NEA tweet. Jamilah Pitts’ article on school transformation. Fed article talking about...

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Making Sense Eurodollar University Episode 29 Part 1

Ex-Twitter CEO wants Anti-Capitalist Revolution? Dick Costollo said, "Me-first capitalists who think you can separate society from business are going to be the first people lined up against the wall and shot in the revolution. I'll happily provide video commentary." Jeff Snider explains the historical context of Marxist agitation against Capitalism. Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski, owner of many red (hardcover) books....

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MACRO ANALYTICS – 10-01-20 – What Could Go Wrong? – w/ Charles Hugh Smith

VIDEO: 43 Minutes with 36 Supporting Slides FREE NEWSLETTER SIGNUP FOR LIVE CHARTS & RESEARCH FOLLOW-UP TO THIS VIDEO plus VIDEO NOTIFICATION SIGN-UP: http://bit.ly/2y63PvX-Sign-Up VIDEO ABSTRACT: Available the Week of 10-05-20 NEWSLETTER-1: Available 10-09-20 NEWSLETTER-2: Available 10-12-20 NOTE: THIS IS NOT AN INTERVIEW BUT RATHER AN ONGOING MONTHLY EXCHANGE BETWEEN CHARLES AND GORDON WHICH IS MADE AVAILABLE TO THE PUBLIC AS A PUBLIC SERVICE. Thank you to all Macro...

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FX Daily, October 05: Monday’s Dollar Blues

Swiss Franc The Euro has fallen by 0.05% to 1.0782 EUR/CHF and USD/CHF, October 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: New actions to contain the virus are being taken in the US and Europe, but investors are looking past it and taking equities and risk assets, in general, higher to start the new week. MSCI Asia Pacific recouped most of last week’s 0.7% loss with gains of move than 1% in Japan, Hong...

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