„The dollar fx basis declined further over the past two months. The 5-year dollar fx basis weighted across six DM currencies declined to a new low for the year and the lowest level since the summer of 2012 during the euro debt crisis. In all, continued monetary policy divergence between the US and the rest…
„Switzerland’s Weko watchdog said its investigation, the result of a preliminary probe, was looking at whether UBS, Julius Baer, Deutsche Bank, HSBC, Barclays, Morgan Stanley and Mitsui conspired to set bid/ask spreads.“ Read More
„… the lowest the FOMC can feasibly push the real federal funds rate is essentially the negative value of the inflation rate. As a result, the Federal Reserve has less room to ease monetary policy when inflation is very low.“ Read More
„It’s hard to believe that such a small amount of gold could be worth so much, and that is why great visualizations can help us understand the rarity of this yellow metal.“ …..“Lastly, we finish off with an image of all of the world’s mined gold in one cube with dimensions of 20.5m. If it…
„Last but not least, the scandal has highlighted the gross hypocrisy of politically correct companies, as well as how the environmental agenda can backfire spectacularly. Industrial firms should be honest: if they don’t like green rules, or believe that meeting them would impose price hikes on their customers, they should say so, not loudly sign…
„Ungarn sind Rassisten, Tschechen sind Nationalisten, Polen sind christliche Fundamentalisten, Slowaken sind Spießer, Dänen sind Rechtspopulisten, Franzosen sind Angsthasen vor Le Pen, Briten sind Egoisten – wenn man deutsche Politiker und Medien dieser Tage verfolgt, dann werden neuerdings üble Klischees über unsere europäischen Nachbarn verbreitet wie in den dunkelsten Tagen des Nationalismus vor 100 Jahren.…
„The Fed is like a parent who, returning home at 3am, finds their kids hosting a drunken underage party & then leaves to go get more booze.“ (@RudyHavenstein) „Basically if Fed was doing world a favor by not hiking today, it failed.“ (@ericbeedo) „The #fed caught in #chinese #handcuffs and made the absoute wrong decision!“…
„Das ist der Grund, warum die Linken alles verabscheuen, was mit Wirtschaftslehre zu tun hat. Sie zeigt nämlich, dass die Erschaffung einer besseren Welt durch Zentralplanung, Gelddrucken und politischer Manipulation unmöglich ist. Der Markt ist weder perfekt noch effizient, aber er ist besser als jede verfügbare Alternative. Tatsächlich ist der ungehinderte Markt das einzig verfügbare…
