The Italian-born economist Annamaria Lusardi is on the forefront when it comes to fighting financial illiteracy. In the interview with CNNMoney Switzerland, she talks about her findings and how to improve the understanding of fundamental concepts.
After big gains since September, the price of gold is falling again. In an interview with CNNMoney Switzerland, Joe Foster, manager and strategist for gold and precious metals strategy at VanEck, talks about his outlook for the bullion—and why he sees new highs within five years.
Is it time to buy the dip again as stock markets stay volatile? This Tuesday, oil prices fell well below USD 70 a barrel following a four-year high in early October. The SMI closed at 9,015.43 points, up 0.35 percent.
A report published today by A.T. Kearney Switzerland and swiss export shows that Swiss SMEs are still optimistic about their future. But Markus Stricker, partner and managing director for A.T. Kearney, does see a few challenges ahead.
Although Alibaba smashed records with over $30 billion in sales on Singles’ Day, investors seemed to be slightly disappointed. According to Catherine Yeung, investment director at Fidelity International, current valuations of Chinese stocks provide entry points for investors.
Unemployment and underemployment represent the biggest risks for doing business around the world. This according to the first edition of a new report published by the World Economic Forum (WEF). Aengus Collins, head of global risks at the WEF, talks about how Switzerland is tackling the challenge.
Richard Werly, France correspondent for Le Temps, weighs the arguments for and against UBS in the bank’s ongoing tax fraud trial in France. Werly says the outcome may have greater consequences for Paris, which is trying to attract financial institutions for the post-Brexit era.
Markets became volatile again this Friday as stocks around the world moved into red territory. The SMI was down sharply, finishing at 9074.03. Richemont and Swatch shares felt the pressure after Richemont reported slow sales growth in September.
Marie Owens Thomsen, chief economist at Indosuez Wealth Management, tells CNNMoney Switzerland that the U.S. Fed should be careful with rate hikes in December. Lessons learned from the past suggest that a fast rate hike can harm the economy.
Despite being sued by the U.S. Department of Justice, UBS performed well on the SMI, which closed up 0.49 percent to 9,094.9. Sunrise, despite announcing positive earnings for Q3, dropped by almost 3 percent.
After the midterm elections in the U.S., investors were relieved. Looking ahead, Martin Lück—Blackrock’s CIO for Germany, Switzerland, and Austria—paints a positive picture. As trade tensions ease, he expects good momentum for many Swiss companies.
Credit Suisse has just launched its new Progress Barometer, a survey of where Switzerland is heading. Didier Denat, head of corporate and investment banking Switzerland at CS, tells Ana Maria Montero why the country can’t afford to be complacent.
Global markets climbed today following the U.S. midterm election results. The SMI followed the trend, closing up 0.65 percent to 9,050.53. This Wednesday, BMW shares dipped—and here’s why.