Lessons From Another Tough Week And The Big Day Ahead
Eric Parnell, CFA - at Seeking Alpha - Sat Mar 14, 9:24AM CDT
XLB: 49.23 (+0.13), VXX: 25.73 (-0.40), EWL: 34.00 (+0.71), TLT: 131.51 (+0.69), EWJ: 12.81 (+0.20), HEDJ: 66.87 (+0.74), EEM: 40.08 (+0.59), KRE: 41.38 (+0.48), FXB: 146.71 (+2.18), OIL: 9.79 (+0.22), XLK: 42.54 (+0.10), FXC: 79.03 (+0.88), FXE: 106.32 (+1.63), EMB: 111.69 (+1.20), SLV: 16.00 (+0.56), XLF: 24.71 (+0.24), VNQ: 87.03 (+2.13), FXF: 99.75 (+1.49), JJC: 33.04 (+1.20), XLE: 76.91 (+0.60), HYG: 90.44 (+0.70), MUB: 110.47 (-0.03), FXY: 80.98 (+0.65), EZU: 39.08 (+1.08), XLU: 44.98 (+0.05), UUP: 25.82 (-0.35), XRT: 100.96 (+0.28), FXS: 116.66 (+2.56), XLV: 74.90 (+0.33), GSG: 19.51 (+0.25), PCY: 28.30 (+0.29), EWU: 18.82 (+0.43), GLD: 113.57 (+1.28), PFF: 40.05 (+0.14), IWM: 125.99 (+1.10)
The Fed's Quandry With Uncle ED (Eurodollar)
The Nattering Naybob - at Seeking Alpha - Sat Feb 28, 3:45AM CST
EWI: 14.83 (+0.46), EWG: 30.26 (+0.79), BZQ: 101.02 (-8.93), DFE: 56.31 (+1.09), EFNL: 34.68 (+0.77), DBEU: 29.69 (+0.31), EWD: 33.90 (+0.33), EUDG: 23.86 (+0.58), DBGR: 28.93 (+0.24), EWP: 34.42 (+1.53), EWO: 15.92 (+0.29), EWN: 25.90 (+0.56), EWL: 34.00 (+0.71), EWK: 17.00 (+0.37), EPV: 54.01 (-2.86), DXPS: 27.22 (+0.19), EIRL: 38.17 (+1.00), EPS: 73.15 (+0.64), DAX: 28.65 (+0.87), DBEZ: 29.79 (+0.37), DIA: 180.96 (+1.30), ESTX: 47.80 (+1.54), DBUK: 26.06 (+0.17), EMB: 111.69 (+1.20), EUMV: 24.39 (+0.43), ERUS: 12.97 (+0.50), ASHR: 40.53 (+0.83), BKF: 36.00 (+0.47), ASHS: 46.11 (+0.93), BRZU: 5.16 (+0.58), ADRU: 23.48 (+0.56), EURL: 34.21 (+2.36), DXGE: 31.68 (+0.38), CHIX: 15.82 (+0.15), CHIM: 14.91 (unch), CHIQ: 13.13 (+0.14), CORP: 104.40 (+0.75), CHIE: 13.14 (+0.04), EDEN: 51.40 (+1.13), EPOL: 23.39 (+0.55), CHII: 14.15 (unch), ENOR: 22.92 (+0.41)
Why Switzerland Is Such A Great Country (All's Well That Ends Well)
Scott Sumner - at Seeking Alpha - Mon Feb 23, 11:55PM CST
The Swiss National Bank did a very foolish thing last month. No, it was not foolish to stop pegging their currency to the euro. Fixed exchange rates are a bad idea. Central banks should target macro aggregates. Instead, the mistake was in letting the...
FXF: 99.75 (+1.49), FSZ: 41.00 (+0.97), EWL: 34.00 (+0.71)
Swiss economy faces weak growth in 2015
Seeking Alpha - at Seeking Alpha - Sat Feb 07, 1:11PM CST
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), FXE: 106.32 (+1.63), EUO: 26.67 (-0.88), FXF: 99.75 (+1.49), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), FSZ: 41.00 (+0.97), EWL: 34.00 (+0.71), DRR: 62.18 (-1.82)
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: 99.75 (+1.49), FSZ: 41.00 (+0.97), EWL: 34.00 (+0.71)
Swiss Franc Euro Peg Decoupling Fallout
The Nattering Naybob - at Seeking Alpha - Fri Feb 06, 1:37PM CST
CS: 26.47 (+1.17), FXE: 106.32 (+1.63), FXF: 99.75 (+1.49), EWL: 34.00 (+0.71)
ETFs For An Ongoing Stimulus Bubble
Gary Gordon - Seeking Alpha - Thu Feb 05, 3:46PM CST
Canada, India, Turkey, Australia, China and Denmark. What do all of these countries have in common? The central bank of each nation has eased monetary policy to stimulate respective economies in 2015. What's more, none of these actions had been...
HEDJ: 66.87 (+0.74), TLH: 138.81 (+0.75), EWG: 30.26 (+0.79), VGK: 55.87 (+1.41), FXA: 77.83 (+1.47), FXB: 146.71 (+2.18), FXY: 80.98 (+0.65), FXC: 79.03 (+0.88), FXE: 106.32 (+1.63), FXF: 99.75 (+1.49), EWL: 34.00 (+0.71), UUP: 25.82 (-0.35), DBAP: 27.53 (+0.04), HEWG: 28.80 (+0.33)
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: 99.75 (+1.49), FSZ: 41.00 (+0.97), EWL: 34.00 (+0.71)
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: 99.75 (+1.49), FSZ: 41.00 (+0.97), EWL: 34.00 (+0.71)
Eurozone prices fall at record pace
Seeking Alpha - at Seeking Alpha - Fri Jan 30, 4:41AM CST
EWI: 14.83 (+0.46), EFNL: 34.68 (+0.77), EWG: 30.26 (+0.79), EWD: 33.90 (+0.33), GREK: 10.75 (+0.59), DBGR: 28.93 (+0.24), DXGE: 31.68 (+0.38), EWQ: 26.42 (+0.70), QDEU: 58.13 (+1.49), EWO: 15.92 (+0.29), PLND: 17.78 (+0.43), EWN: 25.90 (+0.56), FSZ: 41.00 (+0.97), EWL: 34.00 (+0.71), EWK: 17.00 (+0.37), HEWG: 28.80 (+0.33), PGAL: 11.68 (+0.40), DAX: 28.65 (+0.87), FGM: 39.09 (+0.88), EDEN: 51.40 (+1.13), EPOL: 23.39 (+0.55)
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: 27.22 (+0.19), FKU: 42.19 (+1.06), FEZ: 39.29 (+1.10), VGK: 55.87 (+1.41), IEV: 45.29 (+1.11), EWU: 18.82 (+0.43), DBUK: 26.06 (+0.17), EU: 20.54 (-0.08), QGBR: 54.02 (unch), FXF: 99.75 (+1.49), FSZ: 41.00 (+0.97), EWL: 34.00 (+0.71)
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: 79.77 (unch), CNY: 42.97 (+0.37), CYB: 25.38 (-0.01), FXE: 106.32 (+1.63), FXF: 99.75 (+1.49), FSZ: 41.00 (+0.97), EWL: 34.00 (+0.71)
Peak What? The Quadruple D - The End
The Nattering Naybob - at Seeking Alpha - Thu Jan 22, 7:16AM CST
EWI: 14.83 (+0.46), EWG: 30.26 (+0.79), DFE: 56.31 (+1.09), EFNL: 34.68 (+0.77), EMES: 49.55 (+2.35), DBEU: 29.69 (+0.31), EWD: 33.90 (+0.33), EUDG: 23.86 (+0.58), EWQ: 26.42 (+0.70), EWP: 34.42 (+1.53), EWO: 15.92 (+0.29), EWN: 25.90 (+0.56), EWL: 34.00 (+0.71), EWK: 17.00 (+0.37), DXPS: 27.22 (+0.19), EIRL: 38.17 (+1.00), DAX: 28.65 (+0.87), DBEZ: 29.79 (+0.37), DBUK: 26.06 (+0.17), ASHR: 40.53 (+0.83), ASHS: 46.11 (+0.93), BKF: 36.00 (+0.47), ADRU: 23.48 (+0.56), EOX: 0.86 (+0.01), CLB: 99.57 (+3.29), CPE: 6.89 (+0.06), EDEN: 51.40 (+1.13), ENOR: 22.92 (+0.41),
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: 99.75 (+1.49), FSZ: 41.00 (+0.97), EWL: 34.00 (+0.71)
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: 79.77 (unch), GLDI: 11.72 (+0.09), CNY: 42.97 (+0.37), OUNZ: 11.79 (+0.12), UGLD: 10.99 (+0.33), FSZ: 41.00 (+0.97), EWL: 34.00 (+0.71), GLDE: 14.06 (+0.24), GYEN: 13.06 (+0.01), SGOL: 115.86 (+1.34), GEUR: 13.79 (-0.02), FXF: 99.75 (+1.49), UGL: 38.08 (+0.77), BARS: 47.25 (-1.58), TBAR: 23.82 (-0.05), DZZ: 7.35 (-0.15), DGL: 39.03 (+0.43), DGP: 23.18 (+0.53), DGLD: 74.82 (-2.68), UBG: 30.56 (+0.27), DGZ: 15.52 (-0.17), GLD: 113.57 (+1.28), CYB: 25.38 (-0.01), IAU: 11.44 (+0.13), GGBP: 13.25 (+0.48), AGOL: 113.86 (unch), BAR: 26.60 (+0.79), GLL: 98.55 (-2.23)
The Fat Lady Is Clearing Her Throat
Pater Tenebrarum - at Seeking Alpha - Wed Jan 21, 4:32PM CST
Swiss Franc Revaluation Repercussions - Swiss, Polish and Austrian Banks in the Crosshairs The SNB's unexpected suspension of the EURCHF minimum exchange rate continues to claim victims. There have been a number of spontaneous combustion events...
EWO: 15.92 (+0.29), EU: 20.54 (-0.08), PLND: 17.78 (+0.43), FXE: 106.32 (+1.63), EPOL: 23.39 (+0.55), FXF: 99.75 (+1.49), EWL: 34.00 (+0.71)
Peak What? The Quadruple D - Part 2
The Nattering Naybob - at Seeking Alpha - Wed Jan 21, 10:22AM CST
EWI: 14.83 (+0.46), EWG: 30.26 (+0.79), DFE: 56.31 (+1.09), EFNL: 34.68 (+0.77), EMES: 49.55 (+2.35), DBEU: 29.69 (+0.31), EWD: 33.90 (+0.33), EUDG: 23.86 (+0.58), EWP: 34.42 (+1.53), EWO: 15.92 (+0.29), EWN: 25.90 (+0.56), EWL: 34.00 (+0.71), EWK: 17.00 (+0.37), DXPS: 27.22 (+0.19), EIRL: 38.17 (+1.00), DAX: 28.65 (+0.87), DBEZ: 29.79 (+0.37), DBUK: 26.06 (+0.17), ASHR: 40.53 (+0.83), ASHS: 46.11 (+0.93), BKF: 36.00 (+0.47), ADRU: 23.48 (+0.56), EOX: 0.86 (+0.01), CLB: 99.57 (+3.29), CPE: 6.89 (+0.06), EWGS: 40.17 (+0.98), EDEN: 51.40 (+1.13), ENOR: 22.92 (+0.41),
The Swiss: Frankly Europe, We Don't Give A Damn
Andrew Hecht - at Seeking Alpha - Tue Jan 20, 2:52AM CST
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), FXE: 106.32 (+1.63), FXF: 99.75 (+1.49), EUO: 26.67 (-0.88), FSZ: 41.00 (+0.97), EUFX: 44.64 (-0.66), EWL: 34.00 (+0.71), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
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: 99.75 (+1.49), FSZ: 41.00 (+0.97), EWL: 34.00 (+0.71)