Tag Archives: China

The official statement that accompanies each every FOMC policy action is by nature bland and sterile. Still, despite the sparseness of printed words those that are included can say a lot. Here’s its essence for what just wrapped up in December 2018: The Committee judges that some further gradual increases in the target range for the federal funds rate will be consistent with sustained expansion of economic activity,...

It is time to start paying attention to PMI’s again, some of them. There are those like the ISM’s Manufacturing Index which remains off in a world of its own. The version of the goods economy suggested by this one index is very different than almost every other. It skyrocketed in late summer last year way out of line (highest in more than a decade) with any other economic account. For that reason alone, it has been...

Wirtschaftsmetropolen New York (links) und Shanghai (rechts) (Bilder: Unsplash) Der weitere Verlauf des Handelskrieges zwischen den USA und China wird gemäss Andrew Milligan von Aberdeen Standard Investment zahlreiche Aspekte beeinflussen, welche die Wirtschafts- und Marktentwicklung im Jahr 2019 lenken werden. Fünf Aspekte werden nach Ansicht von Andrew Milligan, Head of Global Strategy bei...

The English language headline for China’s National Bureau of Statistics’ press release on November 2018’s Big 3 was, National Economy Maintained Stable and Sound Momentum of Development in November. For those who, as noted yesterday, are wishing China’s economy bad news so as to lead to the supposed good news of a coordinated “stimulus” response this was itself a bad news/good news situation. If the Communist State...

Bild: Pixabay Der Bundesrat hat einen Bericht zu den rechtlichen Rahmenbedingungen für Blockchain und Distributed-Ledger-Technologie im Finanzsektor verabschiedet. Demnach sei der bestehende Rechtsrahmen weitgehend gut geeignet für den Umgang mit neuen Technologien. Der Distributed- Ledger- und Blockchain-Technologie wird sowohl im Finanzsektor als auch in anderen Wirtschaftssektoren ein...

The last FOMC meeting of 2018 is at hand. After hiking rates three times in 2017, the Fed signaled that four hikes were likely this year and with a widely expected move on December 20, it would have fully delivered, though many steps along the way, skeptical investors had to be led by the nose, as it were, to minimize the element of surprise. The famous dot plot of the Summary of Economic Projections has long shown that...

There is some hope among those viewing bad news as good news. In China, where alarms are currently sounding the loudest, next week begins the plenary session for the State Council and its working groups. For several days, Communist authorities will weigh all the relevant factors, as they see them, and will then come up with the broad strokes for economic policy in the coming year (2019). We won’t know the full details...

The enormous setback hadn’t yet been fully appreciated in March 2012 when China’s Premiere Wen Jiabao spoke to and on behalf of the country’s Communist governing State Council. Despite it having been four years since Bear Stearns had grabbed the whole world’s attention (for reasons the whole world wouldn’t fully comprehend, specifically as to why the whole world would need to care about the shadow “dollar” business of...

Bild: Unsplash Die Mitwirkung von Swisscom im Bereich der Tokens rückt diese in den Fokus. Tokens ermöglichen zwar Chancen wie eine neue Handhabung von "non-bankable Assets", bedürfen laut Andreas Dietrich von der HSLU aber professioneller Marktteilnehmer. Unter Tokenisierung wird die Vertretung von Werten und Funktionen durch einen sogenannten digitalen Token verstanden. Die Transaktionen der...

Dr. Philipp Cottier, neuer Präsident des Verwaltungsrats Crypto Fund, der erste von der FINMA nach dem schweizerischen Kollektivanlagengesetz zugelassene Vermögensverwalter für Crypto Assets, gibt eine Rochade in seiner Führung bekannt. Crypto Fund, eine Tochtergesellschaft von Crypto Finance, hat Philipp Cottier zum Präsidenten des Verwaltungsrates und Bernadette Leuzinger zum Chief Operating...