SNB & CHF

Since the end of the “Yen Carry Trade” correction in August, bullish positioning has returned with a vengeance, yet two key risks face investors as September begins. While bullish positioning and optimism are ingredients for a rising market, there is more to this story. It is true that “a rising tide lifts all boats,” meaning that as the market rises, investors begin to chase higher stock prices, leading to a virtual buying spiral. Such leads to an improvement in...

Viele Medienmitteilungen des VBS enden mit dem Versprechen, dass die rapportierte Aktion der “Stärkung der Verteidigungsfähigkeit” dient (Beispiele unten) – als ob man es extra erwähnen müsste. Oder ist dies nicht ein permanenter Auftrag an die Armee? Im VBS wird unterdessen so viel für die Stärkung der Verteidigungsfähigkeit getan, dass einem schwindlig wird. Unterdessen wird fast jede erfolgreich abgeschlossene Tätigkeit, jeder Kontakt mit Externen, jede...

More Canton Graubünden wants to cull National Park wolf pack This content was published on Sep 3, 2024 Canton Graubünden blames the wolf pack for killing cattle in the region....

In the second quarter of 2024, Switzerland's GDP adjusted for sporting events grew by 0.5%, following 0.3% in the previous quarter. This result was slightly above average, driven by the strong expansion of the chemical and pharmaceutical industry. Growth in the other sectors was mixed, reflecting weak domestic demand.  Download press release...

Inflation unter Kontrolle Seit Anfang Jahr schwankt die hiesige Inflation nun im Bereich von 1,0 bis 1,4 Prozent, davor war sie im August 2022 bis auf einen Höchstwert von 3,5 Prozent gestiegen. Im Vergleich zum Ausland steht die Schweiz weiterhin besser da, allerdings sind die Unterschiede zuletzt deutlich geringer geworden. In der Eurozone lag der letzte verfügbare Wert (August) noch bei 2,2 Prozent, in den USA (Juli) bei 2,9 Prozent. [embedded content]...

03.09.2024 - The consumer price index (CPI) remained unchanged in August 2024 compared with the previous month at 107.5 points (December 2020 = 100). Inflation was +1.1% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).The stability of the index compared with the previous month was the result of...

In March 2024 Alabama enacted a law “to prohibit certain public entities from maintaining diversity, equity, and inclusion offices and from sponsoring diversity, equity, and inclusion programs.” The law will come into force in October 2024. Similarly, anti-woke law in Florida provides that “subjecting individuals to specified concepts under certain circumstances constitutes discrimination based on race, color, sex, or national origin.”Many libertarians are ambivalent...

You’re going to hear a lot of talk about the yield curve soon and what it means for “the” yield curve to uninvert (which isn’t a real word but will get used a lot). The difference between the 10-year Treasury note yield and the 2-year Treasury note yield is about to turn positive, the 2-year note yield recently falling a bit more rapidly than the 10-year. You’ll see a lot of pundits say with great confidence that this means we are on the verge of recession. Which may...

The 'novel, apocalyptic situation which has now arisen' goes largely unrecognized. A truly staggering quantity of content is aimed at predicting what happens next, a.k.a. the future, and justifies their prediction by referencing models that are presented as rock-solid predictive tools. The majority of these models are based on historical examples that have been distilled into models of "how the world works," i.e. claims that these were not one-offs or outliers...

In the glorious age of the Kamala Ascendency, the TSA is no longer restraining its contempt for American travelers. After squeezing millions of butts and boobs and never catching a terrorist, TSA decided to have fun by taunting its victims. After a traveler asked online, “Why does TSA need social media anyways?” TSA’s Instagram account taunted: “Idk Kyle, why do your friends keep bringing stuff they shouldn’t in their carry-on?” Almost 40,000 people liked that post...