Switzerland's Central Bank Makes Record Profit -- January 14, 2018 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Switzerland's Central Bank Makes Record Profit -- January 14, 2018, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Switzerland's Central Bank Makes Record Profit -- January 14, 2018
link : Switzerland's Central Bank Makes Record Profit -- January 14, 2018

Switzerland's Central Bank Makes Record Profit -- January 14, 2018

More evidence of a "synchronized global economy." LOL.

From The WSJ: Switzerland's central bank -- think, US Federal Reserve -- made $55 billion last  year (2017) -- more than Apple, and way way more than the US central bank. The Swiss bank expects record profit on higher global equity and bond prices and a weaker Swiss franc. Some data points regarding the Swiss bank:

• $800 billion portfolio in foreign stocks and bonds
• expects to report a record annual profit of $55 billion for 2017
• $55 billion = 8% of the country's GDP
• by comparison, if the Federal Reserve were to run a profit of similar scale relative to the U.S. economy, it would be about $1.5 trillion
• the US Federal Reserve has earned an annual profit of around $100 billion in recent years
• the profit is more than Apple Inc earns in a year
• more than JPMorgan and Berkshire Hathaway Inc combined
• the Swiss bank's largest holding: Apple; owns almost 20 million shares of Apple
• but it has a problem: what to do with $750 billion

http://ift.tt/2dZyQXu

Thus Article Switzerland's Central Bank Makes Record Profit -- January 14, 2018

That's an article Switzerland's Central Bank Makes Record Profit -- January 14, 2018 This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Switzerland's Central Bank Makes Record Profit -- January 14, 2018 with the link address https://mylivemyidea.blogspot.com/2018/01/switzerlands-central-bank-makes-record.html

Tweet

Subscribe to receive free email updates: