⚠️ SHOCKING ⚠️
The Swiss National Bank just warned it may SELL stocks - they hold ~$200bn 🚨
In a shock to the market the SNB has hiked rates 50bps for the first time since 2007 but this might not be the most significant development.
The SNB holds ~$177bn of US equities concentrated mainly in FAANG. They are one of the largest holders of Apple, Microsoft and Amazon stock in the world - their top holdings below 👇🏼
The SNB has been diversifying FX reserves into equities and corporate bonds over the years and this trend may stand to reverse after today.
The thinking is that they may dump U.S tech stocks, to raise USD, to buy Swiss Francs to keep CHF stronger. Around 25% of their FX reserves currently sit in equities.
This is a significant, hawkish, change of stance by the SNB.
More good news for equities…
#SNB #EQUITIES #USD #CHF
Join @TRADINGCLUB3ST
The Swiss National Bank just warned it may SELL stocks - they hold ~$200bn 🚨
In a shock to the market the SNB has hiked rates 50bps for the first time since 2007 but this might not be the most significant development.
The SNB holds ~$177bn of US equities concentrated mainly in FAANG. They are one of the largest holders of Apple, Microsoft and Amazon stock in the world - their top holdings below 👇🏼
The SNB has been diversifying FX reserves into equities and corporate bonds over the years and this trend may stand to reverse after today.
The thinking is that they may dump U.S tech stocks, to raise USD, to buy Swiss Francs to keep CHF stronger. Around 25% of their FX reserves currently sit in equities.
This is a significant, hawkish, change of stance by the SNB.
More good news for equities…
#SNB #EQUITIES #USD #CHF
Join @TRADINGCLUB3ST
Oggi il panorama degli investimenti sta cambiando: dalla globalizzazione alla deglobalizzazione; dall'abbondanza di energia all'energia scarsa; dal "consenso di Washington" al grande conflitto di potere; dalla crescita della popolazione al rapido invecchiamento e dalla disinflazione all'inflazione.
Forse il 2023 sarà l'anno in cui gli investitori accetteranno che i bei vecchi tempi dei portafogli equilibrati sono davvero finiti.
#stocks #markets #equities #assetmanagement #assetallocation #investing
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Follow @tradingclub3st
Forse il 2023 sarà l'anno in cui gli investitori accetteranno che i bei vecchi tempi dei portafogli equilibrati sono davvero finiti.
#stocks #markets #equities #assetmanagement #assetallocation #investing
-
Follow @tradingclub3st