Tags » Swiss Franc

Notes From Underground: Strange Days Indeed

The market has several themes it is trying to digest, which made Tuesday’s price action interesting. Reported earnings have been as strong as whispered and with the Syrian bombing over the weekend, the markets had time to analyze the outcome (and as usual it was treated as a minimal event with no proliferation). 1,127 more words

Fed

Notes From Underground: Kudlow's Dilemma, Tariffs Versus King Dollar

The newswires were flushed with either praise about the appointment of Larry Kudlow to lead the National Economic Council, or concerns about his past dalliances with drugs and supply-side economics. 1,178 more words

Fed

The Swiss mixture of negative interest-rates, currency intervention and equity investing

Today brings an opportunity to look at a consequence of several economic themes. The opening one is related to the way that in both economic and currency terms the Euro is something of a super massive black hole. 1,216 more words

Quantitative Easing And Extraordinary Monetary Measures

The Euro rally has ignored the monetary policy of the ECB

Firstly let me welcome your all to 2018 and wish you a Happy New Year. Although those getting ready for the new Mifid ( ii ) rules still feel a little hungover. 1,298 more words

General Economics

Notes From Underground: Hell Has Frozen Over. Greenspan and Harris Agree

Over the last 30 years I have not had much regard for Alan Greenspan. He has been wrong on many of the issues on which he has opined, not least his speech on home bias and his pleadings for U.S. 789 more words

Euro

Who owns the Swiss National Bank?

A feature of pretty much any discussion about a central bank is that someone invariably pops up and claims that it is privately owned. This comes with the implication that dark forces are at work. 1,263 more words

General Economics

SNB expected to mantain key rate

Switzerland’s central bankers may be feeling more relaxed following the recent weakening of the Swiss franc against the euro, but they are still expected to hold their ultra-loose monetary policy at their September policy meeting. 125 more words

Reuters