Tag Archives: newsletter

Last week, the Swiss stock exchanges experienced their worst fall since the financial crisis of 2008 (Keystone / Arne Dedert) The coronavirus has laid bare the fragilities and complex dependencies generated by globalisation. American-Swiss professor Suzanne de Treville, a specialist in helping firms relocate their industrial activities to the west, hopes that this crisis will trigger some major soul-searching. Covid-19 is on the verge of bringing the world economy to...

Markets remain unsettled even as policymakers worldwide continue to take aggressive emergency measures; the dollar continues to power higher Fed rolled out another crisis-era program last night; US Senate passed the House virus relief bill by a 90-8 vote ECB held an emergency call last night and announced an additional bond purchase program to the tune of €750 bln that now includes commercial paper SNB kept rates steady at -0.75% as expected; BOJ continues to flood...

We have just reached a new bear market due to the fears of the coronavirus pandemic. The chances are that this is your first bear market. And the chances are that you are freaking out. Today, I want to cover how to invest in a bear market and what to do when a bear market strikes. But first of all, you should focus on your health with this coronavirus. I hope you and your family are healthy! Money is useless if we are not in good health to enjoy it! Make sure you...

The coronavirus is reminding everyone that you cannot rely on government and that ultimately it is the private sector that will provide the solutions. Many nonmedical government officials and members of the media are predicting massive cases of COVID-19 and death, when in fact no one can predict the outcome. What we do know is that government has created a full-blown national panic, when at this point the normal flu season is far more deadly. Decentralization is...

Swiss Franc The Euro has fallen by 0.32% to 1.0531 EUR/CHF and USD/CHF, March 19(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: It is not just that the dollar soared while stocks and bonds continued to plunge. The dollar’s strength is, in effect, a powerful short-covering rally. It was used to fund a great part of the global circuit of capital. The circuit of capital is in reverse now, and the funding currency...

Es geht weiter bergab im Depot und am Aktienmarkt. Ich kaufe regelmässig nach, komme was wolle. Ich nutze die Gelegenheit, um Omega Healthcare Investors günstig aufzustocken und habe mir 100 Aktien gekauft. Jetzt besitze ich insgesamt 200 Stück. Hier geht’s übrigens zum letzten Aktien Kauf Swiss Re. Kauf von Omega Healthcare Investors Ich lasse mich von der Marktlage nicht von meiner Strategie abbringen. Ich möchte langfristig regelmässig nachkaufen. Ich kaufe...

The 2019 Annual Report of the Swiss National Bank is published on the SNB website. Download PDF Related posts: Swiss National Bank expects annual profit of 49 billion francs 2019-10-22 – Swiss National Bank opens SNB Forum for interested expert audience The Swiss National Bank reports a profit of CHF 51.5 billion for the first three quarters of 2019 Swiss National Bank expects profit of CHF49 billion for 2019...

We do not like Purchasing Power or Real Effective Exchange Rate (REER) as measurement for currencies. For us, the trade balance decides if a currency is overvalued. Only the trade balance can express productivity gains, while the REER assumes constant productivity in comparison to trade partners. Who has read Michael Pettis, knows that a rising trade surplus may also be caused by a higher savings rate while the trade partners decided to spend more. This is partially...

USD/CHF stays positive near a three-week high. The resistance line of an eight-day-old rising trend channel limits the immediate upside. 200-bar SMA offers immediate support, SNB in the spotlight. USD/CHF pulls back from the resistance line of a short-term rising trend channel while taking rounds to 0.9695, up 0.16%, during the early Thursday. In addition to the channel’s resistance, nearly overbought RSI conditions also challenge the pair’s further upside. However,...

USD/CHF is reversing up sharply from the 2020 lows.  The level to beat for bulls is the 0.9750 resistance. USD/CHF daily chart USD/CHF is rebounding sharply from 2020 lows while nearing the 100 SMA on the daily chart. The demand for the greenback is dring the currency pair towards the 2020 highs. USD/CHF daily chart(see more posts on USD/CHF, ). USD/CHF four-hour chart The spot spiked to the upside while reaching new March’s highs while trading above the main...