Well, it is more that they invest in productive assets rather than liabilities. Nevertheless, the strategy is quite similar to an all weather/permanent portfolio, so yeah, the SP is not doing well now, but gold is. :)
Hello, In 5.2 they could simply print more money to cover their losses driving the price down right? Why wouldn't they do that if they feared that risk. Incredible work by the way.
Never thought about these scenarios. Thanks for making us think in different direction.
Interesting. Depends on stocks they invest in. Investing in SP500 at the moment is probably not the best idea for the central bank
Well, it is more that they invest in productive assets rather than liabilities. Nevertheless, the strategy is quite similar to an all weather/permanent portfolio, so yeah, the SP is not doing well now, but gold is. :)
Yeah, I definitely like their approach. I was always quite fascinated by the Swiss approach. Now you added one more fact to this fascination :)
Gold and other natural resources would be really good to have in a current situation though. Hope they have them as well :)
Great coverage, Switzerland/SNB quite a case, very interesting! Thank you!
Hello, In 5.2 they could simply print more money to cover their losses driving the price down right? Why wouldn't they do that if they feared that risk. Incredible work by the way.