Prepare Today And SAVE $100 Off A Full 4-WEEK SUPPLY My Patriot Supply http://preparewithx22.com Today's Guest: Charles Hugh Smith Todays Interview: Todays interview is with Charles Hugh Smith, Charles talks cv-19 in Hawaii and how the island is handling it. The discussion then branches off into centralization, the [CB] and how the people have the ability to change everything when faced with disastrous situations. Charles explains how the event has revealed the agenda of certain...
Read More »FX Daily, May 29: Month-End Profit-Taking Weighs on Equities as the Euro Pops Above $1.11
Swiss Franc The Euro has risen by 0.30% to 1.0709 EUR/CHF and USD/CHF, May 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The announcement that President Trump will hold a press conference on China later today rattled investors yesterday after they had earlier shrugged off the escalation of tension between the US and China to take the S&P 500 up to its highest level in nearly three months. The S&P...
Read More »2021 Geneva Motor Show ‘very uncertain’ as organisers reject loan
This year’s car show was cancelled four days prior to its opening due to the coronavirus outbreak, costing an estimated loss of CHF11 million for the organisers of Switzerland’s largest event. (Keystone / Salvatore Di Nolfi) The 2021 edition of the Geneva International Motor Show remains touch and go after the organisers rejected the terms surrounding a state rescue loan. This year’s car show was cancelled four days prior to its opening due to the coronavirus...
Read More »Swiss have mixed feelings about working from home, according to survey
[caption id="attachment_459835" align="alignleft" width="400"] © Vladimir Fedorov | Dreamstime.com[/caption] Working from home is a mixed bag of pros and cons for most Swiss who were surveyed by gfs.bern in March and April 2020. But it worked for most. In 2019, before the outbreak of the corona pandemic, around 1.1 million employees in Switzerland occasionally worked from home. During the pandemic the number of hours worked at home...
Read More »Getting A Sense of the Economy’s Current Hole and How the Government’s Measures To Fill It (Don’t) Add Up
The numbers just don’t add up. Even if you treat this stuff on the most charitable of terms, dollar for dollar, way too much of the hole almost certainly remains unfilled. That’s the thing about “stimulus” talk; for one thing, people seem to be viewing it as some kind of addition without thinking it all the way through first. You have to begin by sizing up the gross economic deficit it is being haphazardly poured into – with an additional emphasis on...
Read More »Why Congressional “Oversight” of the Bureaucracy Is No Such Thing
FX Daily, May 28: Escalating Tensions, Calm Markets
Swiss Franc The Euro has risen by 0.30% to 1.0686 EUR/CHF and USD/CHF, May 28(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US Secretary of State’s announcement that the autonomy of Hong Kong could no longer be affirmed did not derail the rally in US equities. However, the threat of an executive order against social media companies may be discouraging follow-through buying, leaving US equities little...
Read More »Charles Hugh Smith on Meeting the Challenges of the “New Normal” World
Charles Hugh Smith on Meeting the Challenges of the “New Normal” World http://financialrepressionauthority.com/2020/05/27/the-roundtable-insight-charles-hugh-smith-on-meeting-the-challenges-of-the-new-normal-world/
Read More »Weekly View – One country, two systems at risk
Last week, German chancellor Merkel delivered a surprise about-face when she and French president Macron announced a proposal for a EUR 500bn recovery fund in the wake of the coronavirus crisis. The unprecedented plan involves the distribution of grants, rather than loans, to member states in economic need. The deal is far from done, however, as it is currently opposed by the EU ‘frugal four’, who insist on loans rather than grants, which would over-indebt...
Read More »Charles Hugh Smith on Meeting the Challenges of the “New Normal” World
Charles Hugh Smith on Meeting the Challenges of the “New Normal” World http://financialrepressionauthority.com/2020/05/27/the-roundtable-insight-charles-hugh-smith-on-meeting-the-challenges-of-the-new-normal-world/
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