Tag Archives: Featured

In a way, the government shutdown couldn’t have come at a more opportune moment. As workers all throughout the sprawling bureaucracy were furloughed, markets had run into chaos. Even the seemingly invincible stock market was pummeled, a technical bear market emerged on Wall Street as people began to really consider increasingly loud economic risks. There had been noises overseas, troubling indications that had gone on...

On August 12, 1985, Japan Airways flight 123 left Tokyo’s Haneda Airport on its way to a scheduled arrival in Osaka. Twelve minutes into the flight, the aircraft, a Boeing 747, suffered catastrophic failure when an aft pressure bulkhead burst. The airplane had been improperly repaired from a tailstrike (the tail of the aircraft actually hitting the runway pavement) seven years earlier, and therefore wasn’t sufficiently...

Swiss Franc The Euro has risen by 0.11% at 1.1188 EUR/CHF and USD/CHF, April 03(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Japan announced the name of the new era that begins May 1 and a new emperor. The connotation is of beautiful harmony. And investors have taken the bit and run with it. Optimism that the US and China near reaching an agreement on trade....

Stadler’s first US order dates back to 2002 Swiss railway vehicle manufacturer Stadler Rail has won a $600 million (CHF597 million) order in the United States. The Metropolitan Atlanta Rapid Transit Authority (MARTAexternal link) on Friday announced its decision to award Stadlerexternal link the contract for 127 Metro (underground) trains with two options of 25 additional trains each. For Stadler, which has been present...

Marc Chandler talking with Charles Payne and Quincy Krosby about Fed policy - Click to enlarge I was on the set Fox Business set this afternoon talking with Charles Payne and Quincy Krosby about Fed policy. Payne suggested that both the political left and right are trying to politicize the Federal Reserve to print money for their favorite programs. I suggest the Fed’s independence will not so easily be encroached upon....

What cannot be replaced by corporate chains is neighborhood character and variety. There is much more to this article than first meets the eye: In a Tokyo neighborhood’s last sushi restaurant, a sense of loss “Eiraku is the last surviving sushi bar in this cluttered neighborhood of steep cobblestoned hills and cherry trees unseen on most tourist maps of Tokyo. Caught between the rarified world of $300 omakase dinners...

A number of commentators have predicted that the rules of the Basel III bank regulations will cause gold to skyrocket (no, this article is not about our view that gold does not go up, that it’s the dollar going down, that the lighthouse does not go up, it’s the sinking ship going down in the storm). Will it? It would be easy to say—as with all of their other predictions of gold to infinity and beyond—“wait and see.” But...

Swiss Franc The Euro has fallen by 0.07% at 1.1189 EUR/CHF and USD/CHF, April 02(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: After surging yesterday, equities are struggling to maintain the momentum that carried that S&P 500 to its best level since last October. Most Asia Pacific equity markets advanced. Japan’s small losses were a notable exception....

The pound to Swiss franc exchange rate still struggles to push higher amidst global uncertainty and the pressing issue of Brexit. The Swiss franc maintains the higher ground with its safe haven status amidst concerns of a global slowdown, the effects of which are already being seen across China and the EU. There are now fears that a slowdown is starting in the US which is why the US Federal Reserve has decided to not...

02.04.2019 – The consumer price index (CPI) increased by 0.5% in March 2019 compared with the previous month, reaching 102.2 points (December 2015 = 100). Inflation was 0.7% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO). The 0.5% increase compared with the previous month can be explained by several factors including rising prices for international...