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Re: "Mystery" Central Bank Buyer Revealed: SNB Now Owns A Record $84 Billion In US Stocks 

By: monkeytrots in POPE IV | Recommend this post (1)
Wed, 09 Aug 17 11:27 PM | 54 view(s)
Boardmark this board | POPES NEW and Improved Real Board 		Msg. 30890 of 47202
(This msg. is a reply to 30877 by capt_nemo)
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You know what, this DOES make complete sense.

Previously, said the predicts of collapse causes were attributing to the WRONG cause- that the coming collapse was due entirely to Central Bank(s) controlling the flow of monies thru interest rates.

Now - we have a central bank (a smart one, imo) betting against a Stock Market collapse.

Well - the individual and institutional investors are working off the 'short term' returns to be had from money flows controlled/influenced by interest rates.

The Swiss Central Bank, however is essentially a counter-intuitive move of assets AWAY from 'bond and cash/banking' returns.

The reason - in the DE vein, is a move into hard assets that have intrinsic value - ie. businesses because THEY (the Swiss) see a little further down the road. They see HYPER INFLATION.

And, I agree with them.

Note carefully, that my previous posts have documented a REAL inflation (money supply inflation) of approx. 9% per year since at least 2008.

The CURRENT stock market reflects almost exactly that 'rate of growth' during the past eight years- and thus one can legitimately argue that the Stock Market is really no more truly overvalued today than it was eight years ago.

hmmmm ...something to think about, eh ?




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The above is a reply to the following message:
"Mystery" Central Bank Buyer Revealed: SNB Now Owns A Record $84 Billion In US Stocks
By: capt_nemo in POPE IV
Wed, 09 Aug 17 10:58 PM 		Msg. 30877 of 47202

In the second quarter of the year, one in which unlike in Q1 fund flows showed a persistent and perplexing outflow from US stocks and into European and Emerging Markets, a trading desk rumor emerged that even as institutional traders dumped stocks and retail investors piled into ETFs, a "mystery" central bank was quietly bidding up risk assets by aggressively buying stocks. And no, it was not the BOJ: the Japanese Central Bank's interventions in the stock market are familiar to all by now, and for the most part the BOJ keeps its interventions local, mostly propping up Japanese stocks, whether the Nikkei 225 or the Topix.

The answer was revealed this morning when the hedge fund known as the "Swiss National Bank" posted its latest 13-F holdings. What it showed is that, as rumored, the Swiss National Bank had gone on another aggressive buying spree in the second quarter, and following its record purchases in the first quarter, the central bank boosted its total equity holdings to an all time high $84.3 billion, up 5% or $4.1 billion from the $80.4 billion at the end of the first quarter.

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