In a January 2020 Forbes Magazine article titled “Why Doing Good Is Good For Business” clearly left out critical information: who is the good or bad entrepreneur? According to the author, good entrepreneurs are doing good if their primary objective is not to make a profit. And bad entrepreneurs are doing bad if their primary objective is to make a profit. Basically, the author suggested that, to be good, a business should not pursue profit and, along with it,...
Read More »ETF Investments Q&A mit Finanzfluss 🦛
Seit nun mehr als einem Jahr mache ich regelmässig jede Woche Livestreams auf YouTube und Instagram. Für die ein oder anderen die diesen Blog länger verfolgen, ist das vielleicht etwas neues, weil ihr nur auf dem Blog unterwegs seid. . Livestream jeden Sonntag um 18:00 Uhr Aktuell habe ich zwei fixe Livestream Slots den Dividenden Dienstag um 18:00 Uhr zusammen mit Johannes Lortz. Und den Finanzrudel Sonntags Talk um 18:00 Uhr, jeweils beide auf meinem YouTube...
Read More »Swiss watch exports predicted to fall by 25 percent in 2020
Exports to China dropped by half in February compared to the year before. (© Keystone / Peter Klaunzer) The closure of shops caused by the spread of the coronavirus worldwide will cost Swiss watch firms dear, but exports are expected to rebound next year. “The Swiss watch industry will experience the largest decline in the past 50 years,” says a study published by private bank Vontobel on Wednesday. The projections are based on the assumption that stores will be...
Read More »Helping people to breathe
[embedded content] Production has been stepped up at a company in eastern Switzerland that makes breathing machines, as health services struggle to help a growing number of coronavirus patients. Switzerland is one of the countries most affected by the virus, with more than 17,800 positive tests and more than 488 deaths. There are 82 intensive care units, which have a total of 950-1,000 beds; around 850 of these are equipped with respirators. The army has around 100...
Read More »When Bulls Are Over-Anxious to Catch the Rocketship Higher, This Isn’t the Bottom
Everyone with any position in today’s market will be able to say they lived through a real Bear Market. In the echo chamber of a Bull Market, there’s always a reason to get bullish: the consumer is spending, housing is strong, the Fed has our back, multiples are expanding, earnings are higher, stock buybacks will push valuations up, and so on, in an essentially endless parade of self-referential reasons to buy, buy, buy and ride the rocketship higher. The classic...
Read More »The Bureaucrats Can’t Fix This
In the midst of the emerging economic chaos triggered by the COVID-19 coronavirus, individuals are seeking answers from governments as to how to prevent the emerging economic disaster. Most economic experts are sympathetic to this and are urging the authorities to push massive injections of money. Thus in the US the central bank has embarked on a $2 trillion stimulus. At the same time government officials are imposing draconian measures to keep the population in...
Read More »FINMA veröffentlicht Geschäftsbericht 2019
Die Eidgenössische Finanzmarktaufsicht FINMA veröffentlicht heute ihren Geschäftsbericht 2019. Dieser umfasst neben dem rückblickenden Jahresbericht auch die Jahresrechnung. Weiter stellt die FINMA ab heute neu Angaben zu den Enforcementfällen in einer Datenbank sowie Statistiken als Excel-Dokument auf ihrer Webseite zur Verfügung. “In unsicheren Zeiten auf den internationalen Finanzmärkten braucht die Schweiz stabile Finanzmarktinstitute.” So äussern sich der...
Read More »Around 20,000 healthcare workers seek partial unemployment benefits
With less surgeries taking place, some doctors and healthcare professionals don’t have enough work. (© Keystone / Gaetan Bally) With the ban on non-emergency surgeries and other procedures, some hospitals and medical practices are applying for partial unemployment support for at least 20,000 healthcare workers. On Thursday, the German language paper TagesAnzeigeexternal linkr reported that due to the social distancing restrictions and ban on non-urgent medical...
Read More »Swiss commodities sector grapples with Covid-19 turbulence
Swiss commodity traders are hard at work so that people can continue to buy basic goods. (Keystone) The strategic importance of commodities and experience in handling fluctuations has helped commodity firms weather the coronavirus storm better than most. swissinfo.ch caught up with Florence Schurch, general secretary of The Swiss Trading and Shipping Association (STSA), to find out how the commodities sector is handling the crisis and what it means for Switzerland....
Read More »Swiss regulator cracks down on fraudulent crypto activities
The Swiss financial regulator took a closer look at cryptocurrency activities last year. (© Keystone / Gaetan Bally) Switzerland’s financial regulator brought charges against eight “initial coin offering” (ICO) blockchain projects for breaching anti-money laundering rules last year. ICOs raise money from the public by selling digital tokens that promise to hold future value for the consumer. The fundraising activity is designed to make it easier for start-ups to...
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