Tag Archives: Featured

Risk-off sentiment continues to build as the coronavirus spreads Fed easing expectations continue to intensify; February inflation readings for the US will be reported this week The ECB meets Thursday and markets are split; the stronger euro is doing the eurozone economy no favors The UK has a heavy data release schedule Wednesday; UK government also releases its budget that day Japan has a fairly heavy data week; the yen continues to benefit from risk-off sentiment...

The Federal Reserve has been trying to propagate two big lies about the economy. Actually, it’s three but the third is really a combination of the first two. To start with, monetary authorities have been claiming that growing liquidity problems were the result of either “too many” Treasuries (haven’t heard that one in a while) or the combination of otherwise benign technical factors. The other one has been about this epically tight labor market, which, Jay Powell...

Murray Rothbard died in January 1995, long before this year’s coronavirus scare. But the principles this great thinker taught us can help us answer questions about the coronavirus outbreak which trouble many of us. Would the US government be justified in imposing massive involuntary quarantines in order to slow down the spread of disease? What about vaccines? If government scientists claim that they have discovered a vaccine for the coronavirus, should we take it? If...

Either the science is wrong and the complacent will be proven correct, or the science is correct and the complacent will be wrong. The present disconnect between the science of Covid-19 and the status quo’s complacency is truly crazy-making, as we face a binary situation: either the science is correct and all the complacent are wrong, or the science is false and all the complacent are correct that the virus is no big deal and nothing to fret about. Complacency is...

A unique feature of the Swiss Federal Constitution is the fact that the central government’s power to impose direct taxes on citizens expires every decade or so. In fact, the current taxing authority expires at the end of 2020. Fortunately for the Swiss republic’s central government, voters approved an extension (the “New Financial Regime 2021“) for another fifteen years in a March 2018 election. This was not a big surprise, since voters have approved extensions of...

Seit geraumer Zeit haben wir mit unserem Projekt „Auswanderluchs“ gestartet. Christian bloggt und macht Videos zum Thema Auswandern in die Schweiz. Er ist vor 4 Jahren in die Schweiz gezogen, lebt und arbeitet nun hier und gibt seine Erfahrungen und Tipps an die Finanzrudel Community weiter. . Christian der Auswanderluchs „Geboren und aufgewachsen bin ich in der Nähe von Dortmund. Nach der Schule habe ich eine Ausbildung zum Chemikanten und anschliessend eine...

Swiss Franc The Euro has fallen by 0.40% to 1.0581 EUR/CHF and USD/CHF, March 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The sharp sell-off in US equities and yields yesterday is spurring a mini-meltdown globally today. Many of the Asia Pacific markets, including Japan, Australia, Taiwan, and India, saw more than 2% drops, while most others fell more than 1%. The MSCI Asia Pacific Index snapped the...

Das Depot hat ordentlich einkassiert, Dank dem Corona-Virus. Allerdings hat das neue Nachkaufmöglichkeiten geschaffen, ich habe nun meine Swiss Re Position weiter ausgebaut und besitze jetzt insgesamt 80 Stück. Hier geht’s übrigens zum letzten Aktien Kauf Royal Dutch Shell. Kauf von Swiss Re Ich möchte nach wie vor weiterhin jeden Monat für 8-10’000 CHF in Aktien investieren, deshalb habe ich mir 33 Aktien vom Unternehmen Swiss Re ins Depot gelegt. So habe ich für...

“Work sets you free”: The entrance to the Auschwitz extermination camp. After the Second World War many Nazis took refuge in Latin America. (Keystone / Frank Leonhardt) A list of 12,000 Nazis who are said to have lived in Argentina from the 1930s onwards has been found in Buenos Aires. Many of the Nazi sympathisers reportedly paid money into one or more accounts at Schweizerische Kreditanstalt, which later became Credit Suisse. “We believe it is very probable that...

◆ Gold surges 3% and has largest daily gain since June 2016 as the Fed delivers a surprise emergency rate cut, the first since 2008 ◆ Gold has gained over 10% in dollars and by more in other currencies so far in 2020 and along with U.S. Treasuries, it is a one of the best performing assets in 2020 as stock markets globally fall sharply (see 2020 Asset Performance table) ◆ G7 officials say there will be “appropriate” policy moves in a desperate attempt to prevent the...