Friday , July 5 2024
Home / Tag Archives: Featured (page 432)

Tag Archives: Featured

An Anti-Inflation Trio From Three Years Ago

Do the similarities outweigh the differences? We better hope not. There is a lot about 2021 that is shaping up in the same way as 2018 had (with a splash of 2013 thrown in for disgust). Guaranteed inflation, interest rates have nowhere to go but up, and a certified rocking recovery restoring worldwide potential. So said all in the media, opinions written for everyone in it by none other than central bank models. It was going to be awesome. Straight away, however,...

Read More »

Big Week Begins Slowly

Overview:  The global capital markets give little indication of the important economic and earnings data that lie ahead this week.  There is an eerie calm. Equities in Asia were mixed.  Japan and Hong Kong, and most small bourses were lower.  Last week, the MSCI Asia Pacific Index gained almost 0.9%. Europe's Stoxx 600 is little changed after rising about 0.5% last week. US futures are firm.  The S&P 500 and Dow Jones Industrials reached record-highs before the...

Read More »

Swiss companies face severe supply chain bottlenecks

Goods are being delayed in container ports in many parts of the world. Keystone / Neil Hall Four out of five firms surveyed by the Swiss Business Federation (economiesuisse) have complained of problems in getting hold of raw materials and essential parts for their goods. The cost of the worsening supply chain conditions is starting to be passed on to consumers. Some companies are looking into putting staff on shortened hours with economiesuisse warning that the...

Read More »

Freiheit ist das Gelbe vom Ei

Wird die deutsche Redewendung „das Gelbe vom Ei“ verwendet, soll damit das Beste, das Vorteilhafteste, das Nonplusultra beschrieben werden. Besser geht es nicht! Ist es vor diesem Hintergrund angemessen, gerade die Freiheit als das Gelbe vom Ei zu bezeichnen? Wäre es nicht passender, zum Beispiel die Marktwirtschaft oder persönliches Wohlergehen so zu benennen? Kämen nicht auch gute Politik oder Gleichheit als Kandidaten in Frage? Ist es nicht Willkür oder einfach...

Read More »

Auch Reddit will in NFT Markt einsteigen

Mit Reddit bereitet sich das nächste Social Media Network auf einen Einstieg in den NFT Markt vor. Die Plattform sucht aktuell nach Crypto-Spezialisten, die sich mit NFTs auskennen und eine zentrale Rolle bei der Umsetzung auf einer Reddit-NFT-Plattform spielen sollen. Crypto News: Auch Reddit will in NFT Markt einsteigen In einer offiziellen Job-Ausschreibung (Senior Backend Engineer NFT) von Reddit heißt es: For Reddit, it will always be about community. (…) If...

Read More »

Weekly Market Pulse: Inflation Scare!

The S&P 500 and Dow Jones Industrial stock averages made new all time highs last week as bonds sold off, the 10 year Treasury note yield briefly breaking above 1.7% before a pretty good sized rally Friday brought the yield back to 1.65%. And thus we’re right back where we were at the end of March when the 10 year yield hit its high for the year. Or are we? Well, yes, the 10 year is back where it was but that doesn’t mean everything else is and, as you’ve probably...

Read More »

Are the Technicals Anticipating a Soft US GDP Report? Could it be a “Sell the Rumor buy the Fact?”

Rising yields and record highs in the S&P 500 and NASDAQ failed to lift the dollar.  Indeed, the greenback fell against all the major currencies, even the Japanese yen, against which it had reached new four-year highs (~JPY114.70) before pulling back.  On the other hand, the Antipodean currencies and the Norwegian krone continued to lead the move against the US dollar. The Aussie rose to new three-month highs, while the Kiwi, Nokkie, and Canadian dollar saw...

Read More »

Bitcoin erreicht neues Allzeithoch

Zuletzt bewegte sich der Bitcoin-Preis in ähnlichen Sphären im April dieses Jahrs. Damals schaffte er es bis zum Allzeithoch von ungefähr 63.500 US-Dollar, ehe es für die folgenden vier Monate immer wieder auf und ab ging. Doch nun wurde die Bestmarke aus dem April übertroffen – und es könnte noch weiter nach oben gehen. Bitcoin News: Bitcoin erreicht neues Allzeithoch 65.992 US-Dollar pro BTC ist die neue offizielle Bestmarke. Auf vereinzelten Börsen ging es...

Read More »

Mozambique watchdog wants $2 bln debt relief from ‘guilty’ Credit Suisse

The Swiss bank has been fined over CHF400 million for its role in a corruption scandal in Mozambique. Keystone / Ennio Leanza A Mozambique public finance watchdog is demanding an estimated $2 billion (CHF1.8 billion) in full debt relief from Credit Suisse, that is ten times more than what Swiss banking giant is willing to write off. “Credit Suisse’s admission of responsibility, failure to comply with the law (…) and involvement of employees in bribery underscores the...

Read More »

How the West Pushed back the Frontiers of Death

The world we come from had lots of death. Every society we know of before the mid-1800s or so saw more than one in four children die during their first year of life. Of those who made it through this first difficult year—through disease, malnutrition, famines, or natural disasters—another quarter or so died before they reached fifteen. Into the 1900s, you had to get into your sixties before your per year risk of death again was as high as it was in your first year of...

Read More »