Tag Archives: newsletter

Companies will no longer have to prove there are no Swiss job candidates in some sectors. Moves to cut red tape for non-EU foreign workers in Switzerland will not necessarily lead to more work visas being issued. On Friday, the government announced measures to make it easier to hire skilled workers from such countries as India, Britain, China and the United States. By making it simpler to award B and L work permits, Switzerland hopes that the “innovative power of...

More than a million Ukrainians have fled their country since the Russian invasion. Switzerland said it is activating sanctions against Russia on Friday, including a ban on many industrial exports and wide-ranging restrictions on financial activities, which includes cutting Russian banks from the SWIFT financial messaging system. The Swiss government also confirmed it is freezing the assets of people and companies with connections to Russian President Vladimir...

Overview:  The capital and commodity markets are becoming less orderly.  The scramble for dollars is pressuring the cross-currency basis swaps.  Volatility is racing higher in bond and stock markets. The industrial metals and other supplies, and foodstuffs that Russia and Ukraine are important providers have skyrocketed.  Large Asia Pacific equity markets, including Japan, Hong Kong, China, and Taiwan fell by 1%-2%, while South Korea, Australia, and India managed...

Hiking rates into a wildly overvalued market is potentially a mistake. So says Bank of America in a recent article. Optimists expecting the stock market to weather the rate-hike cycle as they’ve done in the past are missing one important detail, according to Bank of America Corp.’s strategists.While U.S. equities saw positive returns during previous periods of rate increases, the key risk this time round is that the Federal Reserve will be “tightening into an...

Overview: Russia’s invasion of Ukraine and the global response is a game-changer, as Fed Chair Powell told Congress yesterday.  The UK-based research group NISER estimated that world output will be cut by 1% next year or $1 trillion, and global inflation will be boosted by three percentage points this year and two next.  The recovery in US stocks yesterday may have helped lift Asia Pacific shares today (China and India are notable exceptions). However,...

Während die Medien weiterhin versuchen, Cryptocoins mit kriminellen Machenschaften in Verbindung zu bringen, zeigt die Krise in der Ukraine, wie Cryptocoins den Bürgern helfen können, sich vor den Folgen eines Krieges zu schützen. Bitcoin News: Ukrainer nutzen Cryptocoins in der aktuellen KriseMit der Auseinandersetzung im Osten der Ukraine wird nun auch der Kollaps des nationalen Bankensystems erwartet. Nicht nur eine Kapitalflucht steht bevor, sondern auch die...

  Swiss Inflation rises to 2.2%. This for Swiss levels very high inflation means that the Swiss franc has still upwards potential, in particular given the current political events. What is particular worrysome for the SNB is that prices for private services have risen by 1.4%. It is hence not only oil that drives the high price increases. Details in German   Swiss Consumer Price Index in February...

As everyone “knows”, the US dollar is the world’s reserve currency which can only leave the US government in control of it. Participation is both required and at the pleasure of American authorities. If you don’t accept their terms, you risk the death penalty: exile from the privilege of the US dollar’s essential business. From what little most people know about that essential business, it seems like it has something to do with that thing called SWIFT. Thus,...

Die offizielle Begründung lautet, dass die spezifischen Konten mit der Hamas in Verbindung stehen sollen. Insgesamt handelt es sich um 30 Accounts auf 12 unterschiedlichen Crypto-Börsen. Das israelische Finanzministerium schafft damit einen weiteren Präzedenzfall, der weitreichende Folgen haben könnte. Crypto News: Israel beschlagnahmt Crypto-Accounts Schon im Zusammenhang mit dem Freedom Convoy hatten staatliche Einrichtungen digitale Assets ins Auge gefasst....

“Sell Energy Stocks” Was Originally Published At Marketwatch.com Sell energy stocks? Such certainly seems counter-intuitive advice given high oil prices, geopolitical stress, and surging inflation. However, some issues suggest this could indeed be the time to “sell high.” Before we go further, it is essential to state that I am not recommending selling energy stocks in total. As is always the case, portfolio management is about minimizing risk and preserving...