Bad news for Tether. S&P Global Rating reassessed the ability of Tether $USDT to maintain its peg to the U.S. dollar to 5 (weak) reflecting an increase in higher-risk assets, limited transparency on reserve management and risk appetite, lack of a robust regulatory framework.
Find the differences.
Why, despite all beautiful Swiss mountains, to promote an event a Swiss museum (sponsor UBS with the motto "A bank for Switzerland) they used an image of the Dolomites (the beautiful Sasso Piatto and Sassolungo in Val Gardena-Gröden) And nobody noticed !!
Swiss National Bank has disclosed 2,719 total holdings in their latest SEC filings. Most recent portfolio value is calculated to be $ 166,109,554,000 USD.
SNB's top holdings are $AAPL, $MSFT, $AMZN, $TSLA and $GOOGL
The Swiss National Bank #SNB reports a loss of CHF 32.8 billion for the first quarter of 2022.
Loss on foreign currency positions amounted to CHF 36.8 billion.
A gain of CHF 4.2 billion recorded on gold holdings.
Profit on Swiss franc positions CHF 10.6 million.
Why is everyone worried about inflation?
It's going to be a while before I am worried again (barring a war/oil spike/trillions in annual spending).
High unemployment = low wages = low inflation