Seeking Alpha

The SNB (the "Zimbabwe of the Alps" according to Jim Grant, now speaking on Bloomberg) finds...

The SNB (the "Zimbabwe of the Alps" according to Jim Grant, now speaking on Bloomberg) finds itself with a lot of cash to invest after reserves rose 50% in 4 months to $380B. The surge is the result of the floor it placed under the euro/franc cross, necessitating the bank to print francs with which to purchase euros no one else seems to want.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs