The Swiss National Bank Now Owns $87.5 Billion In US Stocks After Q2 Tech Buying Spree

in news •  6 years ago 

With central banks continuing to buy assets directly (including equieties), we must ask the question - WHO NEEDS MARKETS??? We warned that the SNB was likely up to something earlier this year. Looks like we were correct.

https://www.zerohedge.com/news/2018-08-09/swiss-national-bank-now-owns-875-billion-us-stocks-after-q2-tech-buying-spree

news finance investing central-banks snb
6 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    3 votes
    0
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!