Inflows. But the Swiss Outflows That
foreign assets and "
safe
havens
" globally are Matter
turning. Sell CHF vs USD and EUR.
• The GBP bear story is not over ... Underestimate Swiss Investor
The market has been very focused on "
safe
-
haven
"
inflows into Switzerland in recent years. While these
have been big, the bigger story is the lack ... This abruptly ended
after Lehman: the Eurozone crisis, narrow rate iSrviss Franc Is Last "
Safe
Haven
" To Turn
differentials, CHF strength and very volatile equity
markets all played their part