Tag Archives: newsletter

From tip-top transport in Basel to housing headaches in Geneva, foreign residents share what they love and loathe about the four Swiss cities featured in the Expat City Ranking 2020. Of the 66 cities in the latest list, published by InterNations on Thursday, Basel rates highest (24th), ahead of Lausanne (28th), Zurich (37th) and Geneva (48th). The Expat City Ranking 2020 The Expat City Ranking is based on the annual Expat Insider survey by InterNations, a global...

Twenty years ago, in November 2000, the Treasury Department changed one aspect of the way the government would sell its own debt. Auctions of these and other kinds of securities had been ongoing for decades, back to the twenties, and they had been transformed many times along the way. In the middle of the 1970’s Great Inflation, for example, Treasury gradually phased out all other means for issuing securities, by 1977 relying exclusively on auctions as the sole...

The divergence in developed markets yield curves continues; the dollar is consolidating ahead of the US holiday FOMC minutes will be released; weekly jobless claims data will be released a day early; October personal income and spending will be reported; Banco de Mexico releases its quarterly inflation report UK Chancellor Sunak’s spending review will lay out his plans for next year; South Africa reported higher than expected October CPI Japan’s Cabinet Office...

Gone are the days of the Federal Reserve hiding in the shadows. Now it’s a woke central bank fighting for climate and racial justice. Progressives must not fall for this but instead team up with the populist right to audit the Fed and demand transparency. Let the healing begin! If it is going to be President Joe Biden a couple months from now, then there will be all the more incentive for antiestablishment Democrats to join forces with populist Republicans. What...

Swiss Franc The Euro has risen by 0.19% to 1.0814 EUR/CHF and USD/CHF, November 27(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Equities are finishing the week on a firm tone, while the US dollar remains heavy. In the Asia Pacific, only Australia and India did not end the week on a firm note. The MSCI Asia Pacific completed its fourth consecutive weekly gain, for around a 13% gain. Europe’s Dow Jones Stoxx...

The SARS-CoV-2 virus has hit French-speaking Switzerland harder than the rest of Switzerland both before and since summer. 44% of Swiss Covid-19 deaths have occurred in the cantons of Valais, Vaud, Geneva, Fribourg and Neuchâtel, despite making up only 25% of the country’s population. Daily New Deaths in Switzerland, November 27 Source: worldometers.info - Click to enlarge At a recent press conference, Martin Ackermann, head of the Covid-19 scientific Task Force,...

Swiss foreign minister Ignazio Cassis, left, and Afghan finance minister Abdul Hadi Arghandiwal. Keystone / Valentin Flauraud At an international conference in Geneva to source funding for Afghanistan, Switzerland has renewed its annual CHF26 million ($28.48 million) pledge for another four years. The Swiss contribution, which will amount to CHF104 million up to 2024, is earmarked for projects to promote the rule of law, agriculture, and education, the foreign...

26.11.2020 – From 2021, the price indices published by the Federal Statistical Office (FSO) will be armed with an updated methodology that reflects market changes as closely as possible. Furthermore, a new price index will be added to the existing set, measuring residential property price change, which will be published on a quarterly basis. These economic indicators are very important, both for economic and monetary policy and for the indexation of monetary values...

Our overweening faith and confidence in our wealth and power make this a dimly lit Thanksgiving. A public expression of gratitude by victorious sports stars, lottery winners, etc. is now the convention in America: coaches, teammates, family and mentors (or agents) are recognized as an expression of the winners’ humility and gratitude for everyone that contributed to the success. As sincere as each individual’s gratitude may be, there’s something forced and phony...

As in so much else, the French revolutionary regime (1789–94) was the precursor of the centralized, totalitarian, managerial, pseudo-democratic despotisms that now reign over the West. It is also reminder that mass democracy and inflation go together, as surely as thunder and lightning. Let us revisit the Revolution, from a free-market, hard-money perspective. After two centuries, there remains no better analysis of the first two years of the French Revolution than...