Authored by Ryan McMaken via The Mises Institute, As the immigration debate goes on, many commentators continue to sloppily ignore the difference between the concept of naturalization and the phenomenon of immigration. While the two are certainly related, they are also certainly not the same thing. Recognizing this distinction can help us to see the very real differences between naturalization, which is a matter...
Read More »Swiss Real Estate Market 2017: Tenants Wanted
The downturn in the rental apartments market is progressing at full speed. Despite rising vacancies, construction activity in the rental apartments segment is boosting. Vacancies will continue to grow. Negative interest rates are driving this trend. These circumstances are likely to cause prices of multi-family dwellings to increase again in 2017,...
Read More »The VIX Will Be Over 100 due to Central Bank Created Tail Risk
By EconMatters We discuss the manner in which Central Banks have destroyed financial markets, and have the stage for what I label as the Red Swan Event in this video. When the Swiss National Bank holds risky Tech stocks in its portfolio, we are in unchartered territory! We had the Financial Crisis of 2008, and instead of learning from the mistakes of incentivizing excessive risk taking, the Central Banks were allowed to...
Read More »Gold Price In GBP Up 4 percent On Brexit and UK Risks
Gold Price In GBP Rises 4% On Brexit and UK Economy Risks – Pound fell 2% against gold yesterday after Theresa May created Brexit concerns – May’s ‘Hard Brexit’ denial does not calm markets growing fears – Investors concerned about lack of government strategy and uncertainty – UK Prime Minister bizarrely blames media and “those who print things” for sterling depreciation – GBP gold builds on 31% gain in 2016 with 4%...
Read More »Risk Reward Analysis for Financial Markets
We focus this video regarding the potential upside for stocks versus the considerable downside risk for investors. All Technical Analysis is flawed and backward looking, it is a Critical Thinking flaw to extrapolate the future from the most recent past. I want to know the next market move, and not still be stuck on the most recent market move. And the most important fact of all is valuations, stocks are in a bubble...
Read More »Risk Reward Analysis for Financial Markets
By EconMatters We focus this video regarding the potential upside for stocks versus the considerable downside risk for investors. All Technical Analysis is flawed and backward looking, it is a Critical Thinking flaw to extrapolate the future from the most recent past. I want to know the next market move, and not still be stuck on the most recent market move. And the most important fact of all is valuations, stocks are in a bubble right now due to Central Banks extreme monetary...
Read More »A Biased 2017 Forecast, Part 1
“The idea that the future is unpredictable is undermined every day by the ease with which the past is explained.” – Daniel Kahneman, Thinking, Fast and Slow A couple weeks ago I was lucky enough to see a live one hour interview with Michael Lewis at the Annenberg Center about his new book The Undoing Project. Everyone attending the lecture received a complimentary copy of the book. Being a huge fan of Lewis after...
Read More »Moody’s & Reserve Bank of Australia Warn of Increasing Mortgage Arrears and Looming Apartment Defaults
Moody’s & Reserve Bank of Australia Warn of Increasing Mortgage Arrears and Looming Apartment Defaults Last Wednesday Moody’s reported that mortgage arrears continue to rise across Australia, particularly in the mining states of WA & NT: Moody’s report notes that mortgage performance deteriorated in all eight Australian states and territories over the year to 31 May 2016, reaching 1.50% from 1.34% at 31 May...
Read More »Disposable Income – Living, Commuting, Childcare: Where’s the Least Expensive Place to Live?
Households can make substantial savings by moving to a different location. The most recent Credit Suisse study highlights the Swiss municipalities in which households have the largest disposable income after the deduction of mandatory taxes and fixed costs. The criteria used to identify the...
Read More »The Economics in “The Jewish State”
On his blog, Tyler Cowen summarizes the economics in Theodor Herzl’s “The Jewish State.” Herzl favored selling European homes and businesses of departing Jews and buying land in Argentina or Palestine, at a profit, through a land acquisition company incorporated in London. Poor Jews from Romania and Russia would supply cheap labor and be rewarded by their own houses eventually. Herzl favored short working weeks, a democratic monarchy or the aristocratic republic of Renaissance Venice....
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