On the SNB website, Lukas Heim and Christoph Kappeler explain the integration of the financial account, the international investment position and the Swiss financial accounts.
Read More »FX Traders Have To (Re)Learn A New Skill
Dear FX traders: forget the dot plot, and prepare to learn a new – or to some forgotten – skill: how to read trade flows. As Bloomberg’s Vincent Cignarella and Andrea Wong point out, currency traders accustomed to analyzing the Fed’s dot plot and monthly U.S. jobs figures to predict the direction of the world’s reserve currency are having to learn, or in some cases re-learn, a largely forgotten ability: how to...
Read More »Trump Is Set To Label China A “Currency Manipulator”: What Happens Then?
While China has been banging the nationalist drums in its government-owned tabloids, warning daily of the adverse consequences to the US from either a trade war, or from Trump’s violating the “One China” policy, a more tangible concern for deteriorating relations between China and the US is that Trump could, and most likely will, brand China a currency manipulator shortly after taking over the the Oval Office. Even Bank...
Read More »Which Government System Is The Best For People’s Wealth?
Via HowMuch.net, We have created a map which shows the per-capita GDP based upon the type of government in a country. The larger the country appears on the map, the higher the GDP per capita. GDP for Republics The map above shows the GDP per capita of countries with the republic form of government in red, including the United States. Among countries with this form of government, Singapore has the highest GDP per capita...
Read More »GDP: Imperfectly Measured, Often Abused
The Economist recounts the reasons why the quality of GDP measurement is lacking and why GDP measures cannot answer all the questions they are used to address.
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