SNB & CHF

The employment recovery in the United States is as impressive as the collapse due to the lockdowns. In April I wrote a column stating that “The U.S. Labor Market Can Heal Quickly,” and the improvement has been positive. Very few would have expected the unemployment rate to be at 8.4 percent in August after soaring to almost 15 percent in the middle of the pandemic. This means that the unemployment rate is in August 2020 lower than what analysts projected for the end...

Jason Burack of Wall St for Main St had on returning guest, author and popular economic blogger, Charles Hugh Smith http://www.oftwominds.com/blog.html. Charles came on to discuss his new book, A Radically Beneficial World: Automation, Technology and Creating Jobs for All: The Future Belongs to Work That Is Meaningful which can be purchased on Amazon http://www.amazon.com/gp/product/B0178MQI1M/. Charles' other books he's authored are listed here: http://www.oftwominds.com/CHS-books.html...

The Middle Ages were a rough time for women. They were considered inferior to men, and very few were educated. Convents offered them opportunities that might otherwise have been denied them: access to schooling, social welfare and the chance to break away from the close strictures of their families. An exhibition at the Swiss National Museum in Zurich showed how ecclesiastical women lived in the Middle Ages, and what they created. swissinfo.ch is the international branch of the Swiss...

Swiss Franc The Euro has risen by 0.05% to 1.0787 EUR/CHF and USD/CHF, September 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A consolidative tone continues across the capital markets. Equities have lost their momentum. The MSCI Asia Pacific Index was mixed, while Europe’s Dow Jones Stoxx 600 is paring yesterday’s sharp 2.2% gain. US shares are little changed but mostly softer. Benchmark 10-year yields are...

28.09.2020 – The results of the national accounts published by the Federal Statistical Office (FSO) have been revised upwards. New data series are available for the period 1995 to 2019. This revision was carried out in collaboration with the sector responsible for quarterly estimates at SECO, provides methodological improvements and takes into consideration new data. It was carried out in coordination with European countries and results in a gross domestic product...

© Abdul Sami Haqqani | Dreamstime.com Today, Switzerland’s Federal Office of Public Health (FOPH) added 18 regions to its compulsory quarantine list. Anyone arriving in Switzerland from these place from 28 September 2020 will be required by law to quarantine for 10 days. From 14 September 2020, Switzerland shifted from a system of listing entire countries to one which lists whole countries and regions within them. New additions to the list from 28 September 2020...

Virus numbers are rising across Europe and the US; the dollar is softening as risk-off sentiment ebbs It is a fairly quiet day in the US; there is a glimmer of hope about a fiscal deal in the US; recent US data support the widely held view that more stimulus is needed The final week of Brexit negotiations is upon us in Brussels and the pendulum is swinging towards optimism; Turkish assets may be one of the biggest causalities of the conflict between Armenia and...

The complete confiscation of all private property is tantamount to the introduction of socialism. Therefore we do not have to deal with it in an analysis of the problems of interventionism. We are concerned here only with the partial confiscation of property. Such confiscation is today attempted primarily by taxation. The ideological motivations of such action are immaterial. The only question of interest to us is merely: What is sought by these measures and what is...

I heard several days ago from my friend Larry Beane that people in Walter Block’s seminar who had been reading Theory and History wondered whether Mises is a moral relativist. As I’ll try to show, the answer depends on what you mean by “moral relativist,” but in the way the term is usually understood in contemporary philosophy, he isn’t. I’d like to dedicate this article to the memory of Leo Beane, an outstanding young man of great character and intelligence who was...

Recently, people are more aware of what can happen. This awareness raises in economic conditions and political realities make people think. Every new choice is a new beginning for people. SUBSCRIBE For The Latest Issues About ; #useconomy2020 #economynews #useconomy #coronaviruseconomy #marketeconomy #worldeconomy #reopeneconomy #openeconomy #economynews #reopeningeconomy #globaleconomy #silverprice #stockmarket #recession #goldpricetoday #goldprice #goldpriceprediction #preciousmetals...