Tag Archives: newsletter

Overview:  Into the uncertainty over the implications of Omicron, the Federal Reserve Chairman injected a particularly hawkish signal into the mix in his testimony before the Senate.  These are the two forces that are shaping market developments.  Travel restrictions are being tightened, though the new variant is being found in more countries, and it appears to be like closing the proverbial barn door after the horses have bolted. Equities are higher.  The MSCI Asia...

There was dancing in the streets when Social Security announced that 2022 checks will go up by 5.9%, the biggest Cost of Living Adjustment (COLA) in 40 years. But now, the streets are empty and the cheering is gone. Most of that Social Security COLA will be eaten up by increases in Medicare. Medicare Part B, which covers doctor services and outpatient care, will go up by 14.5% which is the largest Medicare increase ever. This year the monthly premium for Medicare...

© Wolfgang Spitzbart _ Dreamstime.com According to poll results published over the weekend, 53% of those surveyed in Switzerland were in favour of making Covid-19 vaccinations compulsory, a percentage that rose to 69% for those working in the health sector, reported 20 Minutes. Overall, the percentage supporting compulsory vaccination was higher in German-speaking Switzerland (53.4%) than among French speakers (50.2%). The largest variation was across age groups....

Der Erfolg ist irgendwie auch zum Problem von Ethereum geworden. Der aktuell zweitwertvollste Cryptocoin des Marktes hat weiterhin Probleme mit den Transaktionsgebühren – die auch als ETH-Gas bezeichnet werden. Aufgrund der hohen Network-Nutzung sind diese Gebühren weiterhin zu hoch für die langfristigen Ziele des Projekts. Ethereum News: Ethereum will hohe Gas-Preise in Angriff nehmen Dem Kurs des ETH haben die hohen Gebühren allerdings nicht geschadet. Ethereum ist...

Capitalism vs. Freedom: The Toll Road to Serfdom by Rob Larson Zero Books, 2018, 233 pp. Rob Larson, who is a professor of economics at Tacoma Community College in Washington, does not agree with Mises, Hayek, Rothbard, and Friedman that the free market promotes freedom and prosperity and that socialism is the “road to serfdom.” That is an understatement, and you won’t find any understatements in this book. To the contrary, the book abounds in wild accusations. For...

Overview: A pessimistic assessment offered by the CEO of Moderna shattered the fragile calm seen yesterday after the pre-weekend turmoil.  Risk appetites shriveled, sending equity markets lower and the bond markets higher.  Funding currencies rallied, with the euro and yen moving above last week's highs.  The uncertainty weighs on sentiment and makes investors question what they previously were certain of.  The MSCI Asia Pacific Index fell over 1% before the weekend...

According to the Marxists and their fellow travelers, inflation is good because it transfers wealth from creditors to debtors, and debtors are “the 99 percent.” But inflation doesn’t work that way. Original Article: “No, Inflation Is Not Good for You” With the recent rise in inflation—with subsequent increases in both consumer and producer price levels—one suspects that sooner or later people on the left either would downplay it or find a way to spin the bad...

The value of these super-abundant follies will trend rapidly to zero once margin calls and other bits of reality drastically reduce demand. Inflation, deflation, stagflation–they’ve all got proponents. But who’s going to be right? The difficulty here is that supply and demand are dynamic and so there are always things going up in price that haven’t changed materially (and are therefore not worth the higher cost) and other things dropping in price even though they...

Zum Franken verliert der Euro weiter an Wert und nähert sich der Euro bei einem Stand von 1,0424 langsam der 1,04er Marke an. Der US-Dollar macht mit 0,9252 Franken die Verluste wieder wett und notiert etwa auf dem Niveau vom Morgen. “Die Schweizerische Nationalbank gesteht dem Franken Kursgewinne zu”, schreibt die VP Bank. “Selbst Notierungen von unter 1,05 gegenüber dem Euro sind für die eidgenössischen Währungshüter kein Tabuthema mehr.” Das lasse sich an der...

Black Friday 2021 saw the largest stock market sell-off since 1931. Is this the start of a bigger crash, has the trend changed or is this just a one-time blip? We ask Gareth Soloway of InTheMoneyStocks.com what his charts are suggesting and why he is so bullish on gold [embedded content] Make sure you don’t miss a single episode… Subscribe to our YouTube channel [embedded content] You Might Also Like...