Tag Archives: newsletter

Keith Weiner, PhD, CEO & Founder of Monetary Metals, believes interest rates must go lower to keep interest expense under control and result in a deflationary credit implosion. [embedded content] Related posts: Keith Weiner Gets Interviewed Is Keith Weiner an Iconoclast? Report 28 Apr Monetary Metals Leases Silver to Money Metals Exchange Monetary Metals...

Convenience is the sales pitch, but the real goal is control in service of maximizing profits and extending state power. When every device in your life is connected to the Internet (the Internet of Things), your refrigerator will schedule an oil change for your car–or something like that–and it will be amazingly wunnerful. You’ll be able to lower the temperature of your home office while you’re stuck in a traffic jam,...

Les faits et leurs conséquences potentielles que décrit l’économiste vaudois dans son livre, paru il y a bientôt deux ans, n’ont à ce jour fait l’objet d’aucun démenti, ni d’aucune contestation. (Photo Blaise Kormann) Le calme avant la tempête. Par Christian Rappaz (Editorial) Depuis une année, il ne se passe pas un jour sans que Donald Trump critique violemment la politique monétaire de la banque centrale américaine,...

Die Kreditvergabepolitik der Banken im Segment der Wohnrenditeliegenschaften in der Schweiz wird von der SNB als besonders risikobehaftet beurteilt. (Bild: Denis Linine/Shutterstock.com) Die grössten Risiken für die Finanzstabilität gehen für die inlandorientierten Banken unverändert vom Hypothekar- und Immobilienmarkt aus, warnt die Schweizerische Nationalbank (SNB) im diesjährigen Bericht zur Finanzstabilität vom 13....

Swiss exports – © Alan Stoddard | Dreamstime.com According to an analysis by the Swiss broadcaster RTS, Switzerland’s EU exports have declined in recent years. Over the first quarter of 2019, for the first time, exports to the US exceeded those to Germany by more than CHF 1 billion reaching CHF 15.7 billion. Exports to the US have risen from 8.3% to 16.3% of total Swiss exports over the last 30 years. Another Swiss...

Presenting the new version of the CHF1,000 note, March 2019. The amount of Swiss CHF1,000 notes that are hoarded rather than being used in the economy for payments could be as high as 87%, a study by the Swiss National Bank (SNB) has shown. The reportexternal link, “Demand for Swiss banknotes: some new evidence”, estimates the volume of Swiss banknotes being stashed – rather than spent or invested – over the period...

Swiss Franc The Euro has fallen by 0.06% at 1.1123 EUR/CHF and USD/CHF, July 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Fed’s Powell confirmed a Fed rate cut at the end of this month by warning that uncertainties since the June FOMC had “dimmed the outlook” and that muted price pressures may be more persistent. It ignited an equity and bond market rally...

The extradition bill is ‘dead’ but political turmoil is not over yet. Since early June, a series of large-scale demonstrations took place in Hong Kong in protest of proposed legislation that would allow extradition of criminal suspects to certain jurisdictions, including mainland China. The proposed bill was triggered by the case of a Hong Kong man who allegedly murdered his girlfriend in Taiwan but could not be sent...

Swiss Franc The Euro has risen by 0.03% at 1.1135 EUR/CHF and USD/CHF, July 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US Treasury market is retreating for the fourth consecutive session ahead of Fed Chairman Powell’s testimony before Congress. It is the longest losing streak in six months, and the 10-year yield has risen 15 bp over the run.  This is...

Prospects of more ECB easing has contributed to an across-the-board rally in euro sovereign bonds yields and could help limit volatility in peripheral bonds. Since Mario Draghi in June signalled the European Central Bank’s (ECB) readiness to embark on more easing should the euro area economy fail to regain speed, euro sovereign bonds yields have fallen across the board, with the 10-year Bund yield briefly moving below...