In Europe, there is such a saying: "No money, no Swiss." Switzerland is famous for its banks which have become synonymous with reliability, wealth, and success. The banking sector makes a significant contribution to the success of the country. Therefore, you can safely assume that the local central bank chooses assets for investment very carefully, and it is completely confident in its choice. According to the Swiss central bank, the total holdings of US stocks have reached a record high valued at $94.1 billion. Its investment portfolio is loaded up with the stocks of tech giants. The Swiss National Bank's top holdings are Apple and Microsoft, which shares account for 3.63% and 3.58%, respectively. They are followed by Amazon, Facebook, and Google with shares held of 2.55%, 1.50%, and 1.34%, respectively. The Central Bank of Switzerland has been actively buying up stocks of American companies since global central banks launched their quantitative easing programs. Interestingly, the Swiss Central Bank is thus intentionally or accidentally helping Donald Trump "make America great again". As a result, the Swiss National Bank's actions have partly contributed to the substantial growth of the US equity market indices. At the same time, the local central bank could hardly buy up securities without confidence in the potential for profits.
