Switzerland Alphadex First Trust (FSZ) 39.72 $FSZ
Swiss economy faces weak growth in 2015
Seeking Alpha - at Seeking Alpha - Sat Feb 07, 1:11PM CST
ULE: 17.62 (-0.02), URR: 19.48 (+0.08), FXE: 112.16 (-0.15), EUO: 24.16 (+0.03), FXF: 104.56 (-0.56), EUFX: 42.41 (+0.07), ERO: 43.16 (unch), FSZ: 39.72 (unch), EWL: 32.82 (+0.02), DRR: 55.92 (-0.18)
Swiss National Bank Policy And Its Implications For Currencies, Assets And Central Banking
Colin Lloyd - Seeking Alpha - Fri Feb 06, 2:25PM CST
On Thursday, 15th January, the Swiss National Bank (SNB) finally, and unexpectedly, threw in the towel and ceased its foreign exchange intervention to maintain a pegged rate of EURCHF 1.20. The cap was introduced in September 2011 after a 28%...
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
The Swiss 10-Year Bond Illustrates Central Banks' Flawed Monetary Policy
EconMatters - Seeking Alpha - Wed Feb 04, 1:57AM CST
Negative 15 Basis Points Switzerland's 10-Year Bond Yield is now negative 15 basis points, yeah that's right, we don't even have to bring up the notion of inflation and real rates of return. The actual 10 year bond for Switzerland is charging...
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
The Issue SNB Defenders Don't Address
Scott Sumner - Seeking Alpha - Sun Feb 01, 8:30AM CST
A few weeks ago the Swiss National Bank stunned the markets and many economists by letting the SF appreciate by 20% against the euro. On the face of it, this seemed inconsistent with Swiss policy goals (ending deflation.) Switzerland is already in a...
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
Eurozone prices fall at record pace
Seeking Alpha - at Seeking Alpha - Fri Jan 30, 4:41AM CST
EWI: 14.44 (+0.05), EFNL: 34.38 (+0.12), EWG: 29.19 (-0.01), EWD: 33.52 (+0.29), GREK: 13.65 (+0.66), DBGR: 26.56 (+0.02), DXGE: 29.14 (+0.01), EWQ: 26.18 (+0.03), QDEU: 56.04 (+1.47), EWO: 16.04 (+0.08), PLND: 17.86 (+0.09), EWN: 24.91 (+0.08), FSZ: 39.72 (unch), EWL: 32.82 (+0.02), EWK: 17.15 (unch), HEWG: 26.41 (+0.01), PGAL: 10.97 (+0.18), DAX: 27.55 (+0.02), FGM: 38.07 (-0.20), EDEN: 47.97 (+0.09), EPOL: 23.61 (-0.07)
June Outlook: Cheap Gold In The Mush Of 1H15
Enzio von Pfeil - Seeking Alpha - Mon Jan 26, 4:06PM CST
Structurally bearish on Europe . Readers know of my distaste for European politicians : they won't reform their economies, and can get away with it on account of cheap money. Intensified Economic Time®. Despite my structural bearishness, we...
DXPS: 26.48 (+0.18), FKU: 41.59 (-0.16), FEZ: 38.50 (+0.17), VGK: 54.96 (+0.18), IEV: 44.50 (+0.15), EWU: 18.91 (+0.09), DBUK: 25.22 (+0.01), EU: 20.54 (-0.08), QGBR: 56.81 (+0.24), FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
The 'Neutral' Swiss Just Changed Sides!
Bill Holter - at Seeking Alpha - Fri Jan 23, 6:21PM CST
The Swiss have been known for many things. They are renowned chocolate and watch makers as well as financiers. They are well known as a very low crime society where nearly everyone has a gun (maybe this is why crime is low?) but their greatest claim...
FXCH: 78.58 (unch), CNY: 42.61 (-0.11), CYB: 25.18 (+0.03), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
Investors Flock To Swiss Assets
Markit - Seeking Alpha - Thu Jan 22, 5:39AM CST
Last week's surprise currency move to unpeg the Swiss franc from the euro has prompted both domestic and foreign investors to target Swiss assets. As Russia discovered last year, currency pegs are hard to enforce. In the second week of January, the...
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
The Reset Has Already Begun
Bill Holter - at Seeking Alpha - Thu Jan 22, 5:18AM CST
Editor's note: Originally published on January 19, 2015 For several years there has been talk of a financial and economic “reset” coming, this is no longer speculation as the reset has already begun! The Swiss have suppressed the price...
FXCH: 78.58 (unch), GLDI: 12.39 (+0.06), CNY: 42.61 (-0.11), OUNZ: 12.26 (+0.06), UGLD: 12.39 (+0.18), FSZ: 39.72 (unch), EWL: 32.82 (+0.02), GLDE: 14.06 (+0.24), GYEN: 13.48 (+0.12), SGOL: 120.32 (+0.59), GEUR: 13.61 (+0.09), FXF: 104.56 (-0.56), UGL: 41.23 (+0.32), BARS: 47.25 (-1.58), TBAR: 23.57 (-0.27), DZZ: 6.85 (-0.07), DGL: 40.62 (+0.21), DGP: 25.12 (+0.28), DGLD: 67.61 (-1.14), UBG: 31.86 (+0.15), DGZ: 14.99 (-0.06), GLD: 117.98 (+0.64), CYB: 25.18 (+0.03), IAU: 11.89 (+0.06), GGBP: 13.25 (+0.48), AGOL: 121.01 (-0.19), BAR: 29.93 (+0.49), GLL: 92.03 (-1.02)
The Swiss: Frankly Europe, We Don't Give A Damn
Andrew Hecht - at Seeking Alpha - Tue Jan 20, 2:52AM CST
ULE: 17.62 (-0.02), URR: 19.48 (+0.08), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), EUO: 24.16 (+0.03), FSZ: 39.72 (unch), EUFX: 42.41 (+0.07), EWL: 32.82 (+0.02), ERO: 43.16 (unch), DRR: 55.92 (-0.18)
Tough Times Ahead For The Swiss Economy
Sober Look - Seeking Alpha - Mon Jan 19, 7:27AM CST
The Swiss National Bank's unexpected abandonment of the Swiss franc cap continues to reverberate across global markets (examples listed below). The currency settled around parity, which is about 17% above the cap (the euro is 17% lower). At this...
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
Swiss stocks recover slightly
Seeking Alpha - at Seeking Alpha - Mon Jan 19, 5:19AM CST
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
Switzerland ETFs Rocket on Swiss Bank Surprise - ETF News And Commentary
Sweta Killa - ZACKS - Fri Jan 16, 12:00PM CST
Switzerland ETFs rallied the most in two-and-half years on Swiss bank surprise move.
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
Europe bonds rise as Swiss stocks extend drop
Seeking Alpha - at Seeking Alpha - Fri Jan 16, 2:51AM CST
FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
Catch-22
Ben Hunt - Seeking Alpha - Mon Jan 12, 2:40PM CST
Four times during the first six days they were assembled and briefed and then sent back. Once, they took off and were flying in formation when the control tower summoned them down. The more it rained, the worse they suffered. The worse they suffered,...
EWI: 14.44 (+0.05), EWG: 29.19 (-0.01), DFE: 55.11 (+0.16), EFNL: 34.38 (+0.12), FKU: 41.59 (-0.16), VGK: 54.96 (+0.18), FEZ: 38.50 (+0.17), DBEU: 28.01 (+0.11), EWD: 33.52 (+0.29), EUDG: 23.31 (+0.09), EWQ: 26.18 (+0.03), FIEU: 115.69 (+1.37), EWP: 34.41 (+0.42), FEP: 31.22 (+0.12), EWO: 16.04 (+0.08), PLND: 17.86 (+0.09), EWN: 24.91 (+0.08), IEUR: 45.70 (+0.01), FSZ: 39.72 (unch), EWL: 32.82 (+0.02), UPV: 47.14 (+0.37), FEU: 35.83 (+0.27), EWK: 17.15 (unch), IEUS: 43.75 (-0.14), DXPS: 26.48 (+0.18), HEDJ: 61.99 (+0.12), EIRL: 36.76 (+0.06), DAX: 27.55 (+0.02), DBEZ: 27.78 (+0.08), GXF: 23.01 (+0.24), DBUK: 25.22 (+0.01), QGBR: 56.81 (+0.24), NORW: 12.62 (+0.18), ADRU: 23.27 (+0.13), RSXJ: 21.52 (+0.46), EZU: 38.29 (+0.09), EU: 20.54 (-0.08), HEWG: 26.41 (+0.01), IEV: 44.50 (+0.15), EWU: 18.91 (+0.09), RBL: 17.44 (+0.30), EWGS: 39.75 (-0.04), RSX: 18.05 (+0.39), EDEN: 47.97 (+0.09), FDD: 13.80 (+0.03), ENOR: 24.49 (+0.44), SMEZ: 51.33 (+0.18), QESP: 49.40 (unch), GREK: 13.65 (+0.66), DBGR: 26.56 (+0.02), FEUZ: 32.37 (+0.11), RUSS: 11.59 (-0.81), EWUS: 38.93 (-0.11), EPV: 56.50 (-0.44), FGM: 38.07 (-0.20), ESTX: 46.67 (+1.43), EUMV: 23.86 (unch), ERUS: 13.75 (+0.28), HEZU: 27.28 (+0.10), EURL: 33.01 (+0.29), FEEU: 111.93 (+1.22), DXGE: 29.14 (+0.01), QDEU: 56.04 (+1.47), PGAL: 10.97 (+0.18), RUSL: 27.31 (+1.68), EPOL: 23.61 (-0.07)
The Stimulus Monkeys Are Screeching And The Central Banks Are Pushing On A String
David Stockman - Seeking Alpha - Fri Jan 09, 11:51AM CST
Have you been at the zoo when the monkeys start rattling their cages and screeching in unison? That about sums up the last 24 hours since the euro zone’s December CPI printed at negative 0.2% versus prior year. Within minutes of the release,...
EWI: 14.44 (+0.05), EFNL: 34.38 (+0.12), DFE: 55.11 (+0.16), EWG: 29.19 (-0.01), FKU: 41.59 (-0.16), FEZ: 38.50 (+0.17), VGK: 54.96 (+0.18), DBEU: 28.01 (+0.11), EWD: 33.52 (+0.29), EUDG: 23.31 (+0.09), EWQ: 26.18 (+0.03), FIEU: 115.69 (+1.37), EWP: 34.41 (+0.42), FEP: 31.22 (+0.12), SPUU: 145.43 (+1.18), EWO: 16.04 (+0.08), PLND: 17.86 (+0.09), EWN: 24.91 (+0.08), IEUR: 45.70 (+0.01), FSZ: 39.72 (unch), SPLX: 32.00 (+0.46), EWL: 32.82 (+0.02), UPV: 47.14 (+0.37), FEU: 35.83 (+0.27), EWK: 17.15 (unch), IEUS: 43.75 (-0.14), DXPS: 26.48 (+0.18), SPXU: 35.12 (-0.46), HEDJ: 61.99 (+0.12), EIRL: 36.76 (+0.06), DAX: 27.55 (+0.02), SPY: 209.78 (+0.86), DBEZ: 27.78 (+0.08), GXF: 23.01 (+0.24), DBUK: 25.22 (+0.01), SPXL: 92.33 (+1.23), QGBR: 56.81 (+0.24), NORW: 12.62 (+0.18), ADRU: 23.27 (+0.13), RWL: 41.80 (+0.18), RSP: 81.91 (+0.32), RSXJ: 21.52 (+0.46), EZU: 38.29 (+0.09), IVV: 211.28 (+0.95), HEWG: 26.41 (+0.01), IEV: 44.50 (+0.15), SDS: 20.96 (-0.18), EWU: 18.91 (+0.09), RBL: 17.44 (+0.30), EWGS: 39.75 (-0.04), RSX: 18.05 (+0.39), EDEN: 47.97 (+0.09), FDD: 13.80 (+0.03), ENOR: 24.49 (+0.44), SMEZ: 51.33 (+0.18), QESP: 49.40 (unch), GREK: 13.65 (+0.66), DBGR: 26.56 (+0.02), FEUZ: 32.37 (+0.11), RUSS: 11.59 (-0.81), EWUS: 38.93 (-0.11), EPV: 56.50 (-0.44), UPRO: 139.44 (+1.78), EPS: 72.96 (+0.21), FGM: 38.07 (-0.20), ESTX: 46.67 (+1.43), EUMV: 23.86 (unch), ERUS: 13.75 (+0.28), HEZU: 27.28 (+0.10), SFLA: 180.57 (+2.20), SH: 21.27 (-0.10), FEEU: 111.93 (+1.22), EURL: 33.01 (+0.29), SSO: 132.99 (+1.08), DXGE: 29.14 (+0.01), QDEU: 56.04 (+1.47), BXUC: 299.86 (unch), PGAL: 10.97 (+0.18), VOO: 192.39 (+0.84), RUSL: 27.31 (+1.68), BXUB: 201.74 (unch), EPOL: 23.61 (-0.07)
The Deflation Calamity Howlers Are Dead Wrong - In Europe And Everywhere Else
David Stockman - Seeking Alpha - Thu Jan 08, 9:45AM CST
The calamity howlers of deflation are out in force this morning owing to an absolute economic non sequitur. Namely, that year-on-year consumer prices in the EU came in at negative 0.2% in December, implying that ECB printing presses need to go into...
EWI: 14.44 (+0.05), EWG: 29.19 (-0.01), DFE: 55.11 (+0.16), EFNL: 34.38 (+0.12), VGK: 54.96 (+0.18), FEZ: 38.50 (+0.17), FKU: 41.59 (-0.16), DBEU: 28.01 (+0.11), EWD: 33.52 (+0.29), EUDG: 23.31 (+0.09), EWQ: 26.18 (+0.03), FIEU: 115.69 (+1.37), EWP: 34.41 (+0.42), FEP: 31.22 (+0.12), EWO: 16.04 (+0.08), PLND: 17.86 (+0.09), EWN: 24.91 (+0.08), IEUR: 45.70 (+0.01), FSZ: 39.72 (unch), EWL: 32.82 (+0.02), UPV: 47.14 (+0.37), FEU: 35.83 (+0.27), EWK: 17.15 (unch), IEUS: 43.75 (-0.14), DXPS: 26.48 (+0.18), HEDJ: 61.99 (+0.12), EIRL: 36.76 (+0.06), DAX: 27.55 (+0.02), DBEZ: 27.78 (+0.08), GXF: 23.01 (+0.24), DBUK: 25.22 (+0.01), QGBR: 56.81 (+0.24), NORW: 12.62 (+0.18), ADRU: 23.27 (+0.13), RSXJ: 21.52 (+0.46), EZU: 38.29 (+0.09), HEWG: 26.41 (+0.01), IEV: 44.50 (+0.15), EWU: 18.91 (+0.09), RBL: 17.44 (+0.30), EWGS: 39.75 (-0.04), RSX: 18.05 (+0.39), EDEN: 47.97 (+0.09), FDD: 13.80 (+0.03), ENOR: 24.49 (+0.44), SMEZ: 51.33 (+0.18), QESP: 49.40 (unch), GREK: 13.65 (+0.66), DBGR: 26.56 (+0.02), FEUZ: 32.37 (+0.11), RUSS: 11.59 (-0.81), EWUS: 38.93 (-0.11), EPV: 56.50 (-0.44), FGM: 38.07 (-0.20), ESTX: 46.67 (+1.43), EUMV: 23.86 (unch), ERUS: 13.75 (+0.28), HEZU: 27.28 (+0.10), EURL: 33.01 (+0.29), FEEU: 111.93 (+1.22), DXGE: 29.14 (+0.01), QDEU: 56.04 (+1.47), PGAL: 10.97 (+0.18), RUSL: 27.31 (+1.68), EPOL: 23.61 (-0.07)
What Keeps Me Up At Night
Paul Nathan - at Seeking Alpha - Tue Jan 06, 2:40PM CST
EWI: 14.44 (+0.05), EWG: 29.19 (-0.01), DFE: 55.11 (+0.16), EFNL: 34.38 (+0.12), VGK: 54.96 (+0.18), FEZ: 38.50 (+0.17), FKU: 41.59 (-0.16), DBEU: 28.01 (+0.11), EWD: 33.52 (+0.29), EUDG: 23.31 (+0.09), EWQ: 26.18 (+0.03), FIEU: 115.69 (+1.37), EWP: 34.41 (+0.42), FEP: 31.22 (+0.12), EWO: 16.04 (+0.08), PLND: 17.86 (+0.09), EWN: 24.91 (+0.08), IEUR: 45.70 (+0.01), FSZ: 39.72 (unch), EWL: 32.82 (+0.02), UPV: 47.14 (+0.37), FEU: 35.83 (+0.27), EWK: 17.15 (unch), IEUS: 43.75 (-0.14), DXPS: 26.48 (+0.18), HEDJ: 61.99 (+0.12), EIRL: 36.76 (+0.06), DAX: 27.55 (+0.02), DBEZ: 27.78 (+0.08), GXF: 23.01 (+0.24), DBUK: 25.22 (+0.01), QGBR: 56.81 (+0.24), NORW: 12.62 (+0.18), ADRU: 23.27 (+0.13), RSXJ: 21.52 (+0.46), EZU: 38.29 (+0.09), HEWG: 26.41 (+0.01), IEV: 44.50 (+0.15), EWU: 18.91 (+0.09), RBL: 17.44 (+0.30), EWGS: 39.75 (-0.04), RSX: 18.05 (+0.39), EDEN: 47.97 (+0.09), FDD: 13.80 (+0.03), ENOR: 24.49 (+0.44), SMEZ: 51.33 (+0.18), QESP: 49.40 (unch), GREK: 13.65 (+0.66), DBGR: 26.56 (+0.02), FEUZ: 32.37 (+0.11), RUSS: 11.59 (-0.81), EWUS: 38.93 (-0.11), EPV: 56.50 (-0.44), FGM: 38.07 (-0.20), ESTX: 46.67 (+1.43), EUMV: 23.86 (unch), ERUS: 13.75 (+0.28), HEZU: 27.28 (+0.10), EURL: 33.01 (+0.29), FEEU: 111.93 (+1.22), DXGE: 29.14 (+0.01), QDEU: 56.04 (+1.47), PGAL: 10.97 (+0.18), RUSL: 27.31 (+1.68), EPOL: 23.61 (-0.07)
Where Money Ceases
Joseph Calhoun - Seeking Alpha - Tue Dec 30, 5:07AM CST
By Jeffrey P. Snider While Abenomics continues to be classified as "pro-growth" rather than vilified for what it has done, that is as clear in the real economy as it is in the financial realm. Japanese experimentation with ZIRP has...
ADRU: 23.27 (+0.13), VGK: 54.96 (+0.18), FEZ: 38.50 (+0.17), DBEU: 28.01 (+0.11), FEEU: 111.93 (+1.22), EURL: 33.01 (+0.29), FIEU: 115.69 (+1.37), EZU: 38.29 (+0.09), FEP: 31.22 (+0.12), FEUZ: 32.37 (+0.11), IEUR: 45.70 (+0.01), FSZ: 39.72 (unch), EWL: 32.82 (+0.02), UPV: 47.14 (+0.37), FEU: 35.83 (+0.27), HEDJ: 61.99 (+0.12), EPV: 56.50 (-0.44), IEV: 44.50 (+0.15), DBEZ: 27.78 (+0.08), ESTX: 46.67 (+1.43), HEZU: 27.28 (+0.10)
Swiss economy faces weak growth in 2015
Seeking Alpha - at Seeking Alpha - Sat Feb 07, 1:11PM CST
ULE: 17.62 (-0.02), URR: 19.48 (+0.08), FXE: 112.16 (-0.15), EUO: 24.16 (+0.03), FXF: 104.56 (-0.56), EUFX: 42.41 (+0.07), ERO: 43.16 (unch), FSZ: 39.72 (unch), EWL: 32.82 (+0.02), DRR: 55.92 (-0.18)
Swiss National Bank Policy And Its Implications For Currencies, Assets And Central Banking
Colin Lloyd - Seeking Alpha - Fri Feb 06, 2:25PM CST
On Thursday, 15th January, the Swiss National Bank (SNB) finally, and unexpectedly, threw in the towel and ceased its foreign exchange intervention to maintain a pegged rate of EURCHF 1.20. The cap was introduced in September 2011 after a 28%...
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
The Swiss 10-Year Bond Illustrates Central Banks' Flawed Monetary Policy
EconMatters - Seeking Alpha - Wed Feb 04, 1:57AM CST
Negative 15 Basis Points Switzerland's 10-Year Bond Yield is now negative 15 basis points, yeah that's right, we don't even have to bring up the notion of inflation and real rates of return. The actual 10 year bond for Switzerland is charging...
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
The Issue SNB Defenders Don't Address
Scott Sumner - Seeking Alpha - Sun Feb 01, 8:30AM CST
A few weeks ago the Swiss National Bank stunned the markets and many economists by letting the SF appreciate by 20% against the euro. On the face of it, this seemed inconsistent with Swiss policy goals (ending deflation.) Switzerland is already in a...
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
Eurozone prices fall at record pace
Seeking Alpha - at Seeking Alpha - Fri Jan 30, 4:41AM CST
EWI: 14.44 (+0.05), EFNL: 34.38 (+0.12), EWG: 29.19 (-0.01), EWD: 33.52 (+0.29), GREK: 13.65 (+0.66), DBGR: 26.56 (+0.02), DXGE: 29.14 (+0.01), EWQ: 26.18 (+0.03), QDEU: 56.04 (+1.47), EWO: 16.04 (+0.08), PLND: 17.86 (+0.09), EWN: 24.91 (+0.08), FSZ: 39.72 (unch), EWL: 32.82 (+0.02), EWK: 17.15 (unch), HEWG: 26.41 (+0.01), PGAL: 10.97 (+0.18), DAX: 27.55 (+0.02), FGM: 38.07 (-0.20), EDEN: 47.97 (+0.09), EPOL: 23.61 (-0.07)
June Outlook: Cheap Gold In The Mush Of 1H15
Enzio von Pfeil - Seeking Alpha - Mon Jan 26, 4:06PM CST
Structurally bearish on Europe . Readers know of my distaste for European politicians : they won't reform their economies, and can get away with it on account of cheap money. Intensified Economic Time®. Despite my structural bearishness, we...
DXPS: 26.48 (+0.18), FKU: 41.59 (-0.16), FEZ: 38.50 (+0.17), VGK: 54.96 (+0.18), IEV: 44.50 (+0.15), EWU: 18.91 (+0.09), DBUK: 25.22 (+0.01), EU: 20.54 (-0.08), QGBR: 56.81 (+0.24), FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
The 'Neutral' Swiss Just Changed Sides!
Bill Holter - at Seeking Alpha - Fri Jan 23, 6:21PM CST
The Swiss have been known for many things. They are renowned chocolate and watch makers as well as financiers. They are well known as a very low crime society where nearly everyone has a gun (maybe this is why crime is low?) but their greatest claim...
FXCH: 78.58 (unch), CNY: 42.61 (-0.11), CYB: 25.18 (+0.03), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
Investors Flock To Swiss Assets
Markit - Seeking Alpha - Thu Jan 22, 5:39AM CST
Last week's surprise currency move to unpeg the Swiss franc from the euro has prompted both domestic and foreign investors to target Swiss assets. As Russia discovered last year, currency pegs are hard to enforce. In the second week of January, the...
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
The Reset Has Already Begun
Bill Holter - at Seeking Alpha - Thu Jan 22, 5:18AM CST
Editor's note: Originally published on January 19, 2015 For several years there has been talk of a financial and economic “reset” coming, this is no longer speculation as the reset has already begun! The Swiss have suppressed the price...
FXCH: 78.58 (unch), GLDI: 12.39 (+0.06), CNY: 42.61 (-0.11), OUNZ: 12.26 (+0.06), UGLD: 12.39 (+0.18), FSZ: 39.72 (unch), EWL: 32.82 (+0.02), GLDE: 14.06 (+0.24), GYEN: 13.48 (+0.12), SGOL: 120.32 (+0.59), GEUR: 13.61 (+0.09), FXF: 104.56 (-0.56), UGL: 41.23 (+0.32), BARS: 47.25 (-1.58), TBAR: 23.57 (-0.27), DZZ: 6.85 (-0.07), DGL: 40.62 (+0.21), DGP: 25.12 (+0.28), DGLD: 67.61 (-1.14), UBG: 31.86 (+0.15), DGZ: 14.99 (-0.06), GLD: 117.98 (+0.64), CYB: 25.18 (+0.03), IAU: 11.89 (+0.06), GGBP: 13.25 (+0.48), AGOL: 121.01 (-0.19), BAR: 29.93 (+0.49), GLL: 92.03 (-1.02)
The Swiss: Frankly Europe, We Don't Give A Damn
Andrew Hecht - at Seeking Alpha - Tue Jan 20, 2:52AM CST
ULE: 17.62 (-0.02), URR: 19.48 (+0.08), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), EUO: 24.16 (+0.03), FSZ: 39.72 (unch), EUFX: 42.41 (+0.07), EWL: 32.82 (+0.02), ERO: 43.16 (unch), DRR: 55.92 (-0.18)
Tough Times Ahead For The Swiss Economy
Sober Look - Seeking Alpha - Mon Jan 19, 7:27AM CST
The Swiss National Bank's unexpected abandonment of the Swiss franc cap continues to reverberate across global markets (examples listed below). The currency settled around parity, which is about 17% above the cap (the euro is 17% lower). At this...
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
Swiss stocks recover slightly
Seeking Alpha - at Seeking Alpha - Mon Jan 19, 5:19AM CST
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
Switzerland ETFs Rocket on Swiss Bank Surprise - ETF News And Commentary
Sweta Killa - ZACKS - Fri Jan 16, 12:00PM CST
Switzerland ETFs rallied the most in two-and-half years on Swiss bank surprise move.
FXF: 104.56 (-0.56), FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
Europe bonds rise as Swiss stocks extend drop
Seeking Alpha - at Seeking Alpha - Fri Jan 16, 2:51AM CST
FSZ: 39.72 (unch), EWL: 32.82 (+0.02)
Catch-22
Ben Hunt - Seeking Alpha - Mon Jan 12, 2:40PM CST
Four times during the first six days they were assembled and briefed and then sent back. Once, they took off and were flying in formation when the control tower summoned them down. The more it rained, the worse they suffered. The worse they suffered,...
EWI: 14.44 (+0.05), EWG: 29.19 (-0.01), DFE: 55.11 (+0.16), EFNL: 34.38 (+0.12), FKU: 41.59 (-0.16), VGK: 54.96 (+0.18), FEZ: 38.50 (+0.17), DBEU: 28.01 (+0.11), EWD: 33.52 (+0.29), EUDG: 23.31 (+0.09), EWQ: 26.18 (+0.03), FIEU: 115.69 (+1.37), EWP: 34.41 (+0.42), FEP: 31.22 (+0.12), EWO: 16.04 (+0.08), PLND: 17.86 (+0.09), EWN: 24.91 (+0.08), IEUR: 45.70 (+0.01), FSZ: 39.72 (unch), EWL: 32.82 (+0.02), UPV: 47.14 (+0.37), FEU: 35.83 (+0.27), EWK: 17.15 (unch), IEUS: 43.75 (-0.14), DXPS: 26.48 (+0.18), HEDJ: 61.99 (+0.12), EIRL: 36.76 (+0.06), DAX: 27.55 (+0.02), DBEZ: 27.78 (+0.08), GXF: 23.01 (+0.24), DBUK: 25.22 (+0.01), QGBR: 56.81 (+0.24), NORW: 12.62 (+0.18), ADRU: 23.27 (+0.13), RSXJ: 21.52 (+0.46), EZU: 38.29 (+0.09), EU: 20.54 (-0.08), HEWG: 26.41 (+0.01), IEV: 44.50 (+0.15), EWU: 18.91 (+0.09), RBL: 17.44 (+0.30), EWGS: 39.75 (-0.04), RSX: 18.05 (+0.39), EDEN: 47.97 (+0.09), FDD: 13.80 (+0.03), ENOR: 24.49 (+0.44), SMEZ: 51.33 (+0.18), QESP: 49.40 (unch), GREK: 13.65 (+0.66), DBGR: 26.56 (+0.02), FEUZ: 32.37 (+0.11), RUSS: 11.59 (-0.81), EWUS: 38.93 (-0.11), EPV: 56.50 (-0.44), FGM: 38.07 (-0.20), ESTX: 46.67 (+1.43), EUMV: 23.86 (unch), ERUS: 13.75 (+0.28), HEZU: 27.28 (+0.10), EURL: 33.01 (+0.29), FEEU: 111.93 (+1.22), DXGE: 29.14 (+0.01), QDEU: 56.04 (+1.47), PGAL: 10.97 (+0.18), RUSL: 27.31 (+1.68), EPOL: 23.61 (-0.07)
The Stimulus Monkeys Are Screeching And The Central Banks Are Pushing On A String
David Stockman - Seeking Alpha - Fri Jan 09, 11:51AM CST
Have you been at the zoo when the monkeys start rattling their cages and screeching in unison? That about sums up the last 24 hours since the euro zone’s December CPI printed at negative 0.2% versus prior year. Within minutes of the release,...
EWI: 14.44 (+0.05), EFNL: 34.38 (+0.12), DFE: 55.11 (+0.16), EWG: 29.19 (-0.01), FKU: 41.59 (-0.16), FEZ: 38.50 (+0.17), VGK: 54.96 (+0.18), DBEU: 28.01 (+0.11), EWD: 33.52 (+0.29), EUDG: 23.31 (+0.09), EWQ: 26.18 (+0.03), FIEU: 115.69 (+1.37), EWP: 34.41 (+0.42), FEP: 31.22 (+0.12), SPUU: 145.43 (+1.18), EWO: 16.04 (+0.08), PLND: 17.86 (+0.09), EWN: 24.91 (+0.08), IEUR: 45.70 (+0.01), FSZ: 39.72 (unch), SPLX: 32.00 (+0.46), EWL: 32.82 (+0.02), UPV: 47.14 (+0.37), FEU: 35.83 (+0.27), EWK: 17.15 (unch), IEUS: 43.75 (-0.14), DXPS: 26.48 (+0.18), SPXU: 35.12 (-0.46), HEDJ: 61.99 (+0.12), EIRL: 36.76 (+0.06), DAX: 27.55 (+0.02), SPY: 209.78 (+0.86), DBEZ: 27.78 (+0.08), GXF: 23.01 (+0.24), DBUK: 25.22 (+0.01), SPXL: 92.33 (+1.23), QGBR: 56.81 (+0.24), NORW: 12.62 (+0.18), ADRU: 23.27 (+0.13), RWL: 41.80 (+0.18), RSP: 81.91 (+0.32), RSXJ: 21.52 (+0.46), EZU: 38.29 (+0.09), IVV: 211.28 (+0.95), HEWG: 26.41 (+0.01), IEV: 44.50 (+0.15), SDS: 20.96 (-0.18), EWU: 18.91 (+0.09), RBL: 17.44 (+0.30), EWGS: 39.75 (-0.04), RSX: 18.05 (+0.39), EDEN: 47.97 (+0.09), FDD: 13.80 (+0.03), ENOR: 24.49 (+0.44), SMEZ: 51.33 (+0.18), QESP: 49.40 (unch), GREK: 13.65 (+0.66), DBGR: 26.56 (+0.02), FEUZ: 32.37 (+0.11), RUSS: 11.59 (-0.81), EWUS: 38.93 (-0.11), EPV: 56.50 (-0.44), UPRO: 139.44 (+1.78), EPS: 72.96 (+0.21), FGM: 38.07 (-0.20), ESTX: 46.67 (+1.43), EUMV: 23.86 (unch), ERUS: 13.75 (+0.28), HEZU: 27.28 (+0.10), SFLA: 180.57 (+2.20), SH: 21.27 (-0.10), FEEU: 111.93 (+1.22), EURL: 33.01 (+0.29), SSO: 132.99 (+1.08), DXGE: 29.14 (+0.01), QDEU: 56.04 (+1.47), BXUC: 299.86 (unch), PGAL: 10.97 (+0.18), VOO: 192.39 (+0.84), RUSL: 27.31 (+1.68), BXUB: 201.74 (unch), EPOL: 23.61 (-0.07)
The Deflation Calamity Howlers Are Dead Wrong - In Europe And Everywhere Else
David Stockman - Seeking Alpha - Thu Jan 08, 9:45AM CST
The calamity howlers of deflation are out in force this morning owing to an absolute economic non sequitur. Namely, that year-on-year consumer prices in the EU came in at negative 0.2% in December, implying that ECB printing presses need to go into...
EWI: 14.44 (+0.05), EWG: 29.19 (-0.01), DFE: 55.11 (+0.16), EFNL: 34.38 (+0.12), VGK: 54.96 (+0.18), FEZ: 38.50 (+0.17), FKU: 41.59 (-0.16), DBEU: 28.01 (+0.11), EWD: 33.52 (+0.29), EUDG: 23.31 (+0.09), EWQ: 26.18 (+0.03), FIEU: 115.69 (+1.37), EWP: 34.41 (+0.42), FEP: 31.22 (+0.12), EWO: 16.04 (+0.08), PLND: 17.86 (+0.09), EWN: 24.91 (+0.08), IEUR: 45.70 (+0.01), FSZ: 39.72 (unch), EWL: 32.82 (+0.02), UPV: 47.14 (+0.37), FEU: 35.83 (+0.27), EWK: 17.15 (unch), IEUS: 43.75 (-0.14), DXPS: 26.48 (+0.18), HEDJ: 61.99 (+0.12), EIRL: 36.76 (+0.06), DAX: 27.55 (+0.02), DBEZ: 27.78 (+0.08), GXF: 23.01 (+0.24), DBUK: 25.22 (+0.01), QGBR: 56.81 (+0.24), NORW: 12.62 (+0.18), ADRU: 23.27 (+0.13), RSXJ: 21.52 (+0.46), EZU: 38.29 (+0.09), HEWG: 26.41 (+0.01), IEV: 44.50 (+0.15), EWU: 18.91 (+0.09), RBL: 17.44 (+0.30), EWGS: 39.75 (-0.04), RSX: 18.05 (+0.39), EDEN: 47.97 (+0.09), FDD: 13.80 (+0.03), ENOR: 24.49 (+0.44), SMEZ: 51.33 (+0.18), QESP: 49.40 (unch), GREK: 13.65 (+0.66), DBGR: 26.56 (+0.02), FEUZ: 32.37 (+0.11), RUSS: 11.59 (-0.81), EWUS: 38.93 (-0.11), EPV: 56.50 (-0.44), FGM: 38.07 (-0.20), ESTX: 46.67 (+1.43), EUMV: 23.86 (unch), ERUS: 13.75 (+0.28), HEZU: 27.28 (+0.10), EURL: 33.01 (+0.29), FEEU: 111.93 (+1.22), DXGE: 29.14 (+0.01), QDEU: 56.04 (+1.47), PGAL: 10.97 (+0.18), RUSL: 27.31 (+1.68), EPOL: 23.61 (-0.07)
What Keeps Me Up At Night
Paul Nathan - at Seeking Alpha - Tue Jan 06, 2:40PM CST
EWI: 14.44 (+0.05), EWG: 29.19 (-0.01), DFE: 55.11 (+0.16), EFNL: 34.38 (+0.12), VGK: 54.96 (+0.18), FEZ: 38.50 (+0.17), FKU: 41.59 (-0.16), DBEU: 28.01 (+0.11), EWD: 33.52 (+0.29), EUDG: 23.31 (+0.09), EWQ: 26.18 (+0.03), FIEU: 115.69 (+1.37), EWP: 34.41 (+0.42), FEP: 31.22 (+0.12), EWO: 16.04 (+0.08), PLND: 17.86 (+0.09), EWN: 24.91 (+0.08), IEUR: 45.70 (+0.01), FSZ: 39.72 (unch), EWL: 32.82 (+0.02), UPV: 47.14 (+0.37), FEU: 35.83 (+0.27), EWK: 17.15 (unch), IEUS: 43.75 (-0.14), DXPS: 26.48 (+0.18), HEDJ: 61.99 (+0.12), EIRL: 36.76 (+0.06), DAX: 27.55 (+0.02), DBEZ: 27.78 (+0.08), GXF: 23.01 (+0.24), DBUK: 25.22 (+0.01), QGBR: 56.81 (+0.24), NORW: 12.62 (+0.18), ADRU: 23.27 (+0.13), RSXJ: 21.52 (+0.46), EZU: 38.29 (+0.09), HEWG: 26.41 (+0.01), IEV: 44.50 (+0.15), EWU: 18.91 (+0.09), RBL: 17.44 (+0.30), EWGS: 39.75 (-0.04), RSX: 18.05 (+0.39), EDEN: 47.97 (+0.09), FDD: 13.80 (+0.03), ENOR: 24.49 (+0.44), SMEZ: 51.33 (+0.18), QESP: 49.40 (unch), GREK: 13.65 (+0.66), DBGR: 26.56 (+0.02), FEUZ: 32.37 (+0.11), RUSS: 11.59 (-0.81), EWUS: 38.93 (-0.11), EPV: 56.50 (-0.44), FGM: 38.07 (-0.20), ESTX: 46.67 (+1.43), EUMV: 23.86 (unch), ERUS: 13.75 (+0.28), HEZU: 27.28 (+0.10), EURL: 33.01 (+0.29), FEEU: 111.93 (+1.22), DXGE: 29.14 (+0.01), QDEU: 56.04 (+1.47), PGAL: 10.97 (+0.18), RUSL: 27.31 (+1.68), EPOL: 23.61 (-0.07)
Where Money Ceases
Joseph Calhoun - Seeking Alpha - Tue Dec 30, 5:07AM CST
By Jeffrey P. Snider While Abenomics continues to be classified as "pro-growth" rather than vilified for what it has done, that is as clear in the real economy as it is in the financial realm. Japanese experimentation with ZIRP has...
ADRU: 23.27 (+0.13), VGK: 54.96 (+0.18), FEZ: 38.50 (+0.17), DBEU: 28.01 (+0.11), FEEU: 111.93 (+1.22), EURL: 33.01 (+0.29), FIEU: 115.69 (+1.37), EZU: 38.29 (+0.09), FEP: 31.22 (+0.12), FEUZ: 32.37 (+0.11), IEUR: 45.70 (+0.01), FSZ: 39.72 (unch), EWL: 32.82 (+0.02), UPV: 47.14 (+0.37), FEU: 35.83 (+0.27), HEDJ: 61.99 (+0.12), EPV: 56.50 (-0.44), IEV: 44.50 (+0.15), DBEZ: 27.78 (+0.08), ESTX: 46.67 (+1.43), HEZU: 27.28 (+0.10)
