The greatest increase in concern has been about radiation from mobile phone antennas, such as this one in Zurich, and high-voltage power lines (Keystone) Dirt, noise, radiation, climate, loss of species: the Swiss population believes that environmental pollution has increased and continues to increase. Some 61% perceive this as a very serious or quite serious problem. In 2015, only 39% were so pessimistic. Well-being and satisfaction have declined in all areas – in...
Read More »Could the Coronavirus Epidemic Be the Tipping Point in the Supply Chain Leaving China?
Everyone expecting a quick resolution to the epidemic and a rapid return to pre-epidemic conditions would be well-served by looking beyond first-order effects. While the media naturally focuses on the immediate effects of the coronavirus epidemic, the possible second-order effects receive little attention: first order, every action has a consequence. Second order, every consequence has its own consequence. So the media’s focus is the first-order consequences: the...
Read More »FX Daily, January 29: Escaped from a Crocodile’s Mouth, Entered a Tiger’s Mouth
Swiss Franc The Euro has risen by 0.10% to 1.0731 EUR/CHF and USD/CHF, January 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: This colorful Malay saying captures the spirit of the animal spirits. Narrowly escaping an escalation of a trade war between the world’s two largest economies, the outbreak of a deadly virus has spurred moves, especially the sell-off in stocks and rally in bonds, for which many...
Read More »“Der Euro ist wieder günstig zu haben”
Der Schweizer Franken ist unter Aufwertungsdruck gegenüber dem Euro. (Bild: Shutterstock.com) Vor mehr als fünf Jahren hat die Schweizerische Nationalbank (SNB) den Mindestkurs von 1.20 Franken zum Euro überraschend aufgehoben und durch Devisenmarktinterventionen und Negativzinsen ersetzt. Das Resultat war eine starke kurzfristige Aufwertung des Frankens gegenüber sämtlichen Währungen. Seither hat die SNB den Leitzins bei -0.75% festgesetzt und mehrere hundert...
Read More »USD/CHF Price Analysis: Flashes 13-day high, 50-day SMA on bulls’ radar
USD/CHF trades successfully above 21-day SMA, 23.6% Fibonacci retracement. Positive oscillators favor further upside, 0.9832/37 can stop buyers beyond 50-day SMA. 0.9600 will gain the bear’s attention below the monthly bottom. USD/CHF takes the bids to 0.9740, following an intra-day high of 0.9744, amid the initial trading session on Wednesday. The pair recently crossed 21-day SMA and 23.6% Fibonacci retracement of its October 2019 to January 16, 2020 low. If the...
Read More »Swiss venture capital funding breaks CHF2 billion barrier
(Keystone / Martin Ruetschi) Swiss start-ups and young companies attracted nearly CHF2.3 billion ($2.4 billion) from deep-pocketed investors last year. The figure is nearly double the CHF1.2 billion collected in 2018 and sets a new record. New ventures in the ICT and fintech sectors received the largest slice of funding (CHF1.2 billion), but financial support for early stage biotech firms also received a significant boost (CHF625 million), according to the annual...
Read More »Foreign demand remains high for luxury Swiss-made watches
Swiss watch manufacturers exported timepieces worth over CHF21 billion ($21.7 billion) last year – the industry’s third-best result ever. Watchmaking is Switzerland’s third-biggest export sector after pharmaceutical and machine tools. Almost 95% of production is sold abroad, the majority to Asia. First the good news. Despite a complicated business year which saw a net drop in sales in Hong Kong, the main destination for Swiss-made watches, firms ended 2019 extremely...
Read More »Gold May Top $2,000 As “Prices Surge On Global Fear”
by Paul R. La Monica via CNN Business Gold was one of the few investments heading higher Monday as worries about the coronavirus outbreak led to a steep market slide. Gold is now up more than 20% in the past year, and trading near $1,600 an ounce, its highest level since 2013. Other precious metals, such as silver and platinum, have rallied too. Meanwhile, the Dow was down nearly 350 points in midday trading. Some experts wonder if gold could top $2,000 in the...
Read More »Das Internet – die dezentrale (R)Evolution
(If you want to read this text in English, please use www.deepl.com – a great translation tool that uses language semantics.) Menschen werden durch unterschiedliche Motive angetrieben. Die einen sehen das höchste Glück in der Ansammlung von materiellen Werten, und andere sind von geistigen Werten angetrieben. Eine Idee kann genauso wie eine Rolex Glücksgefühle und Ansporn auslösen. Mich persönliche treiben Ideen an. Meine Ideen basieren auf Prinzipien und Werten,...
Read More »With No Second Half Rebound, Confirming The Squeeze
It’s a palpable impatience. Having learned absolutely nothing from the most recent German example, there’s this pervasive belief that if the economy hasn’t fallen apart by now it must be going the other way. The right way. Those are the only two options for mainstream analysis (which means it isn’t analysis). You can see it in how everything is framed. When first presented with this “unexpected” globally synchronized downturn early on in 2019 (they ignored all the...
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