Journal
September 2024
August 2024
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Jackson Hole / ECB / Swiss National Bank / Emotional Intelligence
Good Morning Ladies and Gentlemen ”Emotional intelligence is a crucial social skill for effective management.” From old course materials from the University of Liechtenstein for the Executive MBA, which I completed a long time ago Jackson Hole The three-day Jackson Hole Economic Symposium, hosted by the Federal Reserve Bank of Kansas City, started yesterday […]
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From Interest Rate Hopes to Recession Fears and Back Again and Some Stats
Good Morning Ladies and Gentlemen “One must beware of ministers who can do nothing without money and those who want to do everything with money.“ Indira Gandhi Interest Hopes Over the past few months, investors have been optimistic about declining interest rates. However, investor sentiment quickly worsened after the recent Fed meeting, during which […]
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Are You Considering Purchasing a New Car?
Good Morning Ladies and Gentlemen “Life is unfair, but remember, sometimes it is unfair in your favour.” Peter Ustinov Germany’s Economy Germany currently needs help with demand. The latest data on the country’s gross domestic product in the second quarter clearly shows that consumption and exports must improve. The weakness in consumption is attributed […]
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GDP Expectation / Unfunded Recession Fears? / Commodities
Good Morning Ladies and Gentlemen “I did not need the special equipment. I’m a natural, natural shooter.“ Turkish shooter Yusuf Dikec, Olympics, Paris 2024 GDP Expectation The Atlanta Fed’s forecast for the third quarter of 2024 (GDPNow) is 2.9%. A nowcast value of 2.9% means an increase of 0.4 percentage points compared to the previous […]