The Swiss National Bank Began Unloading its Biggest US Stock Holdings, incl. Apple, Microsoft, Amazon, Alphabet, Meta

by Wolf Richter, Wolf Street: It still bought Tesla though, which is down by 52%. It took massive losses. And it’s got a bunch of Imploded Stocks. The Swiss National Bank has spent years creating Swiss francs, buying dollars, euros, and other currencies with those francs, and then buying assets denominated in those currencies – […]

Source