Tag Archives: Featured

Friends and family are talking, on Facebook, about the rapid rise in the price of eggs. Their posts also report that there are plenty of eggs in the dairy sections of local grocery stores. A few people, along with some reporters, blame this rapid increase in the price of eggs on price-gouging corporations. State governments take price gouging seriously. Section 396-R of New York’s General Business law defines price gouging as “unconscionably excessive pricing of...

Interview with Laurent Halmos For most die-hard physical gold investors and students of history like myself and most of my readers and clients, technical analysis is often seen as a bit of a taboo, or at best something irrelevant to our worldview and investment approach. Nevertheless, to paraphrase the old saying about politics, just because you are not interested in the charts doesn’t mean that the charts are not interested in you.  I met Laurent...

Overview:  After large moves yesterday, the capital markets ae quieter today. Stocks are mostly firmer, and the 10-year US yield is a little softer near 3.62%. Strong nominal wage increases in Japan and a hawkish hike by the Reserve Bank of Australia helped their respectively currencies recover, though remain within yesterday's ranges. The euro briefly traded below $1.07, and sterling has been sold through $1.20. That said, a consolidative tone is the main feature...

The Swiss National Bank (SNB) booked a CHF132 billion ($143 billion) loss in 2022 and suspended profit-sharing transfers to the Confederation and cantons. What does that mean exactly? And how does the SNB fare in international comparison? Last year, the SNB lost more money than ever before. And it is not alone: central banks around the world also recorded heavy losses. As a consequence, money from central banks in many countries ceased to flow to governments. Have...

Every so often, I check my investment portfolio to see how it is doing. (I stay out of stocks these days, but that is due to my personal situation and is not to be taken as investment advice.) Portfolios are collections of various financial instruments that one is holding, and one always hopes that their value will head in the right direction over time. When I purchase a financial instrument, I do so because I hope it will perform well in the future. I certainly do...

Lacking a solid team is a recipe for organizational failure, and those intending to excel in business—or any other sector—must invest in management. Considering that many professional athletes encounter bankruptcy shortly after retiring, they are a demographic that could greatly benefit from quality financial management teams. Elite athletes earn millions of dollars during a short time, but few succeed at multiplying their earnings to create wealth. An investigation...

Your cares and troubles are gone There’ll be no more from now on! Happy days are here again! The skies above are clear again Let us sing a song of cheer again Happy days are here again! Lyrics: Jack Yellen, Music: Milton Ager That’s certainly how it’s felt since the turn of the new year with the NASDAQ up nearly 15%, European stocks continuing to recover, emerging markets anticipating a Chinese recovery and a solid January for the S&P 500. Bonds have been...

Overview: The honeymoon for risk assets that began the year ended with a bang at the end of last week with the monster US jobs report and the rebound in the service ISM. Disappointing news from several large US tech companies provided extra encouragement. The yen's weakness helped Japanese stocks today, but the other larger bourses in the Asia Pacific area were sold, with losses in Hong Kong, the CSI 300, South Korea, and Taiwan off more than 1%. Europe's Stoxx 600...

Illustrative photo taken at the Nestlé Shop in Kemptthal, Switzerland. swissinfo.ch/Dominique Soguel In response to Russia’s war on Ukraine, the Swiss multinational Nestlé announced that it would reduce its range of product in Russia to “essential” goods such as baby milk. But supermarket shelves in Moscow paint a different picture, according to the NZZ. The world’s largest food and beverage company continues to sell and produce a wide range of food products, as well...

© Keystone / Ennio Leanza Switzerland’s largest telecommunications operator, Swisscom, is changing its approach to data disclosure in order better protect its customers. The operator reserves the right, after examination, to “seal” the electronic correspondence (e-mails) of its customers until a court has decided otherwise, the NZZ am Sonntag newspaper reported. To date, the public prosecutor’s office in Switzerland can access the emails of suspects without the...