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Despite recent upheavals in artificial intelligence following DeepSeek's launch, diversified AI investments present promising opportunities. With low interest rates diminishing the appeal of cash holdings, investors are encouraged to explore high-quality bonds, dividend stocks, and alternative investments to enhance returns and manage volatility. Global diversification remains essential, as historically, global equities have outperformed Swiss equities.
The election of Donald Trump as the 47th US president has led to significant shifts in the currency landscape, with the US dollar expected to strengthen in the short term due to anticipated corporate tax cuts and tariffs. However, long-term projections indicate a greater depreciation potential for the dollar, driven by structurally higher inflation and potential labor shortages from stricter immigration policies. The equilibrium exchange rate for USDCHF is projected to trend below 80 cents if US inflation continues to outpace that of Switzerland.
A UBS survey indicates that Swiss companies anticipate wage increases averaging 1.4% for the coming year, with the IT and telecom sectors expecting above-average rises of 2%. Despite these increases, inflation remains low, and real wage growth is projected to enhance purchasing power. Labor shortages persist, but salary decisions are primarily influenced by financial conditions and employee performance rather than the availability of workers.
Claude Maurer, Chief Economist Switzerland of the former Credit Suisse, is leaving UBS after nearly two decades in the banking sector. He expressed gratitude for his experiences and colleagues, noting the transition to UBS as a unique journey. Maurer, a former Olympic sailor, is looking forward to his next career move, though details remain undisclosed.
Claude Maurer, the Chief Economist Switzerland of the former Credit Suisse, is leaving UBS after nearly two decades in the banking sector. He announced his departure on LinkedIn, expressing gratitude for his experiences and colleagues, particularly during the transition to UBS. Maurer, a former Olympic sailor, has not disclosed his future plans but is optimistic about the next chapter in his career.
Claude Maurer has departed from UBS after nearly two decades at Credit Suisse, where he served as Chief Economist for Switzerland. In a LinkedIn post, he reflected on his experiences and expressed gratitude to colleagues, noting that his journey continues next month. Maurer, a former Olympic sailor, emphasized the importance of adaptability in facing new challenges.
Claude Maurer, Chief Economist Switzerland of the former Credit Suisse, is leaving UBS after nearly two decades in the banking sector. He expressed gratitude for his experiences and colleagues, noting the transition to UBS as a unique journey. Maurer, a former Olympic sailor, is looking forward to his next career move, though details remain undisclosed.
Real Swiss wages are expected to rise by an average of 1.4% in 2025, driven by higher wages and falling inflation, with a forecasted inflation rate of 0.7%. However, rising health insurance premiums may offset these gains, impacting household purchasing power. Sectors like IT and telecommunications anticipate the highest wage increases, while the media industry lags behind.
Real Swiss wages are expected to rise by an average of 1.4% in 2025, driven by higher wages and falling inflation, which is forecasted at 0.7%. However, rising health insurance premiums may offset these gains, leading to a decline in purchasing power for many households. Wage increases will vary by sector, with IT and telecommunications seeing the highest growth at around 2%, while the media and retail sectors lag behind at 1%.
Wages in Switzerland are projected to rise by 1.4% in 2025, but increasing health insurance premiums could diminish purchasing power for many families. While real wages are expected to increase due to declining inflation, the average health insurance premium hike of 6% may offset these gains. The economic outlook remains positive, with GDP growth anticipated and a slight rise in unemployment to 2.8%.
Daniel Kalt
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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