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Surprised That Market Is Surprised (guest: Vincent Deluard)

The Market Huddle

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The Swiss Central Bank Is Suspending the Swiss Franc

Swiss economy growing at yeno, five percent. Their imports an export arising by double dicets. And on permanent rate is two %. The biggest problem the swiss economy has is that too much people want to put their money in there and that pushes pressure on the exchange rate. That forces the swiss central bank to constantly buy foreign assets. They've been doing that for ten years. It's indof impossible to fathom.

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