Bloomberg The Swiss National Bank’s (SNB) portfolio of US equities rose to a record $141 billion as of December, reflecting a buoyant stock market. Switzerland’s central bank has 20% of its reserves in stocks, and its filing to the Securities and Exchange Commission showed it owned shares in 2,490 companies as of December 31. Notable holdings included Apple Inc., Amazon …

Bloomberg Near the start of December, a mystery over-the-counter trade pulled about $7 billion from Vanguard Group’s S&P 500 exchange-traded fund. It just got it all back and more. The $194 billion Vanguard S&P 500 ETF (ticker VOO) added $8.7bn on a single day this week, about two months after that record withdrawal. Similar to 2020 mega outflow, VOO’s cash …

Bloomberg Oil set a fresh one-year high in New York with continued producer supply curbs helping spur strength everywhere from physical markets to the futures curve. Futures gained 1.1% in New York to the highest since late January 2020, while Brent crude remained just under $60 a barrel in London. The number of vessels sailing towards China jumped to a …