Tag Archives: Politics

“The essence of the interventionist policy is to take from one group to give to another. It is confiscation and distribution. “ – Ludwig von Mises, Human Action In less than a year, we have witnessed an unprecedented monetary policy rollercoaster by the Federal Reserve, which began with a momentous U-turn in the central bank’s guidance in January, and has continued to escalate ever since. It is easy to forget that less than a year ago, all official statements and market expectations...

A commission of the Council of States, Switzerland’s upper house, is in favour of new rules to protect whistleblowers. © Shawn Hempel | Dreamstime.comThe proposed rules, which would help to protect those who expose secretive information or activity that is deemed illegal or unethical, were supported by 6 commission votes to 2 with 4 abstentions. The proposal, which would be incorporated into employment law, would follow the cascade principle put forward by the Federal Council,...

Few investors and market observers were really surprised when Mario Draghi announced the ECB’s next massive easing package in mid-September. Cutting rates further into negative territory and the revival of QE were largely expected sooner or later, as the “whatever it takes” outgoing ECB President is now faced with a wide economic slowdown in the Eurozone. After all, over the last decade, the ECB has proved to be a “one-trick pony”, with negative rates and bond-buying...

Few investors and market observers were really surprised when Mario Draghi announced the ECB’s next massive easing package in mid-September. Cutting rates further into negative territory and the revival of QE were largely expected sooner or later, as the “whatever it takes” outgoing ECB President is now faced with a wide economic slowdown in the Eurozone. After all, over the last decade, the ECB has proved to be a “one-trick pony”, with negative rates and bond-buying being used as a...

Few investors and market observers were really surprised when Mario Draghi announced the ECB’s next massive easing package in mid-September. Cutting rates further into negative territory and the revival of QE were largely expected sooner or later, as the “whatever it takes” outgoing ECB President is now faced with a wide economic slowdown in the Eurozone. After all, over the last decade, the ECB has proved to be a “one-trick pony”, with negative rates and bond-buying being used as a...

© Vadimgozhda | Dreamstime.com Switzerland’s government has long discussed the importance of raising the retirement age to ensure the financial viability of the pension system. However, it is not clear whether voters would support such a plan. According to a survey by Deloitte, an accounting and consulting company, raising the official retirement age might not find majority support among Swiss voters. Some groups are firmly against the idea. Only 47% of the 1,000...

Switzerland’s government has long discussed the importance of raising the retirement age to ensure the financial viability of the pension system. However, it is not clear whether voters would support such a plan. © Vadimgozhda | Dreamstime.comAccording to a survey by Deloitte, an accounting and consulting company, raising the official retirement age might not find majority support among Swiss voters. Some groups are firmly against the idea. Only 47% of the 1,000 voters between 50 and...

After a remarkable run over the past few months, gold and silver now appear to have entered a period of consolidation. Many speculators and short-term focused investors have sold their positions fearing a correction, while mainstream market commentators fuel these fears, with analyses that proclaim “the end of the road” for gold and silver. Of course, nothing could be further from the truth. All the very serious concerns and the fundamental reasons that caused the metals to rise so...

After a remarkable run over the past few months, gold and silver now appear to have entered a period of consolidation. Many speculators and short-term focused investors have sold their positions fearing a correction, while mainstream market commentators fuel these fears, with analyses that proclaim “the end of the road” for gold and silver. Of course, nothing could be further from the truth. All the very serious concerns and the fundamental reasons that caused the metals to rise so...

After a remarkable run over the past few months, gold and silver now appear to have entered a period of consolidation. Many speculators and short-term focused investors have sold their positions fearing a correction, while mainstream market commentators fuel these fears, with analyses that proclaim “the end of the road” for gold and silver. Of course, nothing could be further from the truth. All the very serious concerns and the fundamental reasons that caused the...