Consumer sentiment among Swiss households is improving, according to Switzerland’s economic affairs office (SECO). © Rosaria De Marco | Dreamstime.comIn April 2021, the consumer sentiment index climbed back to -7 points after reaching a low of -40 in early 2020. The level of -7 is close to the pre-crisis level of early 2020 and close to its long term average of -5. The primary reason for the rise in consumer sentiment is a significant improvement in...
Read More »Swiss to develop Covid-19 certificate by end of June
The certificate will be available to anyone who has been vaccinated, has recovered from or has recently tested negative for coronavirus Keystone / Laurent Gillieron A system for issuing a forgery-proof Covid-19 certificate on request will be available by the end of June to anyone in Switzerland who has been vaccinated, has recovered from or has recently tested negative for coronavirus. The Federal Office of Public Health (FOPH) said in a statementExternal link on...
Read More »#MacroView: Are Stocks Cheap, Or Just Another Rationalization?
Are stocks “cheap,” or is this just another bullish “rationalization.” Such was the suggestion by the consistently bullish Brian Wesbury of First Trust in a research note entitled “Yes, Stocks Are Cheap.” To wit: “The Fed remains highly accommodative, there are trillions of dollars of cash on the sidelines, vaccines have reached over 50% of Americans, and the economy is expanding rapidly. Some valuations have been stretched, but the market as a whole remains...
Read More »World IP Day
Monday, April 26, marked World IP Day. In cooperation with the Property Rights Alliance (PRA), the Austrian Economics Center celebrated it by signing its annual coalition letter, addressed to the World Intellectual Property Organization’s Director-General Daren Tang. Property rights benefit businesses, both big and small, start-ups or companies with a long tradition. This, in turn, enriches society as a whole. The COVID-19 pandemic has cost us too much. As a response...
Read More »Demand for Gold is Expected to Grow Exponentially in 2021
The difference between physical gold investing and ETF investing was stark in the first quarter 2021 according to the World Gold Council’s Gold Demand Trends data released last week. Before focusing in on investment demand below a few notes on overall gold demand in the first quarter. Total gold demand in the first quarter of 2021 was down 4%. However, because gold production and gold demand (jewellery, bar and coin etc.) are decentralized around the globe, and no...
Read More »Jeff Snider on deflation, central bank failure, and understanding money|Macro Hive Conversations 60
Start your FREE trial today for the latest macro & financial market analysis from 50+ researchers and access to our Slack chat room: https://macrohive.com/become-a-member/?add-to-cart=6305 _________________________________________________________________________ Jeff is Head of Global Investment Research for Alhambra Investment Partners. He started his career in portfolio management and equity research before focusing on broad investment research since the 2000s. In this podcast, we...
Read More »Almost half of Swiss workers choose early retirement
A Swiss pensioners' cycling group at Solothurn, Switzerland, on July 26, 2018. © Keystone / Christian Beutler Around half of all people stop working before the official retirement age in Switzerland, according to new federal data. This content was published on May 4, 2021 - 13:32 May 4, 2021 - 13:32 RTS/sb On Tuesday, the Federal Statistical Office (FSO) reported External linkthat in 2019 between 40-50% of people started receiving their pension from their...
Read More »Consumer sentiment back to pre-crisis level
Sentiment amongst Swiss households is improving. The results of the April survey show that expectations regarding general economic development in particular are becoming more positive. The likelihood of households making major purchases has also risen. Download press release Consumer sentiment back to pre-crisis level(PDF, 2 pages, 257...
Read More »Gold Is Laughing At Powell
Authored by Matthew Piepenburg via GoldSwitzerland.com,Recently, my colleague, Egon von Greyerz, and I had some unabashed yet blunt fun calling out the staggering levels of open hypocrisy and policy desperation unleashed by former Fed Chairman, Alan Greenspan.Poor Alan was an easy target of what I described as the “patient zero” of the reckless interest rate suppression and unbridled monetary expansion policies of the Fed which have always led to equally reckless...
Read More »What Switzerland and North Korea have in common
--- In both North Korea and Switzerland, the omnipresence of high mountains most probably affects the national psyche. An exhibition at the Alpine Museum in Bern investigates the similarities and differences between the two mountain nations, focusing not on politics but on people. swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles,...
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