The Swiss Central Bank Invested Heavily In US Stocks To Lead To Asset Liability.

The Swiss central bank's stock investment is concentrated in the US stock market.

At the end of March, it held $1 billion 100 million Apple Corp shares and other us blue chips.

The market value of the Swiss central bank's stock investment is 15% of that of Switzerland's GDP.

As one of the oldest central banks in the world, the Swiss central bank has the most pparent financial reporting system, making the loss of 50 billion dollars by the SNB not only the euro, but also the real reason why its balance sheet has shrunk dramatically.

Reporters previously reported that the Swiss central bank lost 50 billion 100 million Swiss francs in the first half of the year (about 51 billion 790 million US dollars), which is equivalent to 7% of GDP in Switzerland a year.

The first quarter loss amounted to 30 billion Swiss francs, the most serious quarterly loss since the two quarter of 2013, and a 20 billion Swiss Franc in the two quarter.

The direct cause of the huge losses was the Swiss central bank's abandoning of the Swiss Franc Euro peg, which was launched in January 15th this year.

It suddenly renounced the euro's lower limit on the 1.20 exchange rate of the Swiss franc for three years, which led to the rapid shrinkage of its euro and gold assets.

But this is only a superficial reason for its huge losses.

As the world's "most pparent" central bank, the SNB, like hedge funds, releases quarterly 13-F positions.

It is not the Swiss central bank's profit statement but its balance sheet.

By March 31st, the bank's total assets had risen from 561 billion Swiss francs at the beginning of the year to 577 billion Swiss francs, most of which were "foreign exchange investments", 530 billion Swiss francs.

And these "foreign exchange investments" are mainly realized by the stock way.

At the end of the two quarter, the Swiss bank's balance sheet had a value of 91 billion Swiss francs ($94 billion) in foreign exchange and Swiss Franc investments in foreign stocks, accounting for 17% of its balance sheet ratio.

Swiss central bank stock investment concentrated

。

At the end of March, it held $1 billion 100 million Apple Corp shares and other us blue chips.

In other words, the market value of the Swiss central bank's stock investment is equivalent to 15% of GDP in Switzerland.

For the Swiss central bank to invest heavily in apple, it has suffered huge losses. Zerohedge, of course, does not forget Tucao:

We want to give a credit to the SNB: other central banks are buying them.

But few dare to admit that the SNB will publish 13-F documents quarterly.

So we hope that other banknote printing central banks can also keep up with this trend: for example, in the past ten years (if not for a long time), the New York fed, directly or indirectly involved in the market through hedge fund Citadel, has held at least hundreds of billions of shares in the New York Federal Reserve's balance sheet or off balance sheet tools (i.e. through Citadel).

The Fed, the Swiss central bank and all the central banks are eager to make the global economy "re inflation", and the only feasible way for them is to push up the stock market.

To achieve this goal, the central bank not only tells people that they are buying stocks, but also uses 13-F documents to tell you what stocks to buy.