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Surprised That Market Is Surprised (guest: Vincent Deluard)

The Market Huddle

CHAPTER

I Think the Swiss Central Bank Has a Role to Play to Diversify a Portfolio

For most of the past 15 years, o it's been treasuries. You especially the risk on risk of there was almost negative one to one corration between the returns along to treasury and stocks. While that's breaking down, because quite often now you see eat a a, the stock market is sending off because rates are increasing. So you go down your lisk of risk off assets. And ane you get to like the swiss frank, the japanese yen,. mathink e would be a, you know, strong candidate and unbalanced. I think thae swiss economyis stronger than the japanean economy. Central bank is less committed to financial repression

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