I remember the (good) old times when it was illegal to bribe persons to vote for you..
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It will devaluate usd at more faster pace than last decade !
Us debt will inflate even more if it happened.
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Itâs not illegal as itâs for every american adult in US..
All shenanigans aside, US 10Y bond yield is now 4.94%
So market obviously doesnât like that rather than fixing the underlying issues , people keep discussing that âI donât like the yieldâ
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I mean, an alternative would be to promise free healthcare to all, for example.
Direct wealth redistribution seems to me like a legitimate, if undesirable and inefficient, use of tax money. Except the US have a big budget deficit, so itâs not tax money, and itâd push their debt over the $41T current ceiling so Congress would have to deal with that (as they will anyway have to somewhere around next summer if things keep going the way they do).
It would also most probably bring back the 9%+ inflation numbers they had under Covid+supply chain disruptions+stimulus checks Republicans heavily criticized Biden for but nobody said they had to be coherent. That there are voters to support that anyway is an integral part of the problem.
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If you donât need the USD and need the CHF, yes. It could go up more in the future (the Fed could hike more), or go back down. I try to avoid bets on the forex markets.
Longer term view (CHF/USD as per nonameâs graph):
And the 2nd Trump presidency (red arrow for roughly Januray 20st 2025:
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I keep all my US-exposed 3a portfolio hedged. Itâs been quite stably going up this year.
Also if I cash out any position, I donât leave USD standing in IBKR, everything gets insta-converted back to CHF.
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I donÂŽt get it. If you donÂŽt buy votes or rig the elections, how are you ever going to be president?
By advocating for self-reliance, freedom and personal responsibility (lower taxes, lower public expenditure ratio included)
⊠iâll see myself out
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Infomaniak got listed on SIX today. The Swiss stock market just got a teeny tiny really small bit more tech oriented (disclosure: I donât own any, I just find the company interesting for the products it offers. I havenât studied the stock and donât have a forecast with regards to its prospects).
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I really like the Infomaniak product and spirit, i would think moving my account and cloud storage fully to them. No share of the compagny
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I am a customer ⊠currently only limited, but would also love to move my e-mail and cloud storage over. I do like their spirit and attitude .. even if somewhat showing the francophone background (some translations are very funny).
Unfortunately, so far, they struggle to keep up with the big companies or other specialised ones .. even on e-mail someone like Fastmail outperforms, when it comes to alias and catch-all management. I keep trying to go back to them with more services I use every year or so, but after a month or so realising again that some features are simply missing.
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An interesting corporate structure. The company is now publicly traded, but the majority of its shares are not tradable. They are held by a foundation whose mission is to support sustainability initiatives.
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Actually not so unusual apart from the sustainability angle. Similar prime examples of this are Roche or KĂŒhne & Nagel with free floats significantly below 50% and the majority ownership with the family or a foundation
Google says more than 80% of Roche shares is public free float?
Just that the voting right shares are majority held by the owner family (65%).
But total market cap is 82%-88% in public hands according to Google.
For K&N it seems correct at ~40% free float.
Roche has two different instruments outstanding, bearer shares and participation certificates (PS). PS do not give you any voting rights but dividends. Bearer shares have the voting rights, of which about 27% are free float and the rest being owned by the two families. From Rocheâs investor page
Bearer shares have not existed according to OR since April 2021 
They probably mean registered shares
Which is basically what I wrote no?
So the vast majority of the companyâs market cap is still held in the public free float.
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Maybe I am missing the point, but for me it is less relevant how much of the market cap of the company is freely traded, but rather who controls it. Because those are the ones ultimately making the decisions what happens.
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