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Safe Bet? Central Banks Suddenly Start Buying Stocks

From business.time.com

Fed up with low bond yields, the most conservative investors on the planet have begun to load up on stocks. Retirees? No, I’m talking about the world’s central bankers. Nearly one in four central bankers say their institution owns stocks or plan to own stocks in the near future, according to a Bloomberg report. The Bank of Japan plans to more than double its stock position, according the report, which cites a Central Banking Publications and Royal Bank of Scotland survey. The Bank of Israel bought stocks for the first time last year. And both the Swiss National Bank and Czech National Bank have boosted stock ... (full story)

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