This week’s Market Update is posted at Alpha Baskets and includes the following;
It is widely known that the Bank of Japan has been a large buyer of Japanese equities, mostly through ETFs. In recent months it has become known that the Swiss National Bank has been very active buying equities as part of its attempt to put downward pressure on the franc (it prints francs and buys equities).
Please click through to read the entire update.
There is a wildland fire that is threatening Walker so I’ve had to do a lot of Fire Chiefing over the weekend in terms of communicating and scouting out the fire. The first picture was from a couple of hours after it started and you can see the smoke coming from behind the ridge.
The truck we took to scout in on Saturday night.
Sunday at dinner time the fire activity had picked up.