Submitted
by Tyler
Durden on 06/16/2014 07:22
-0400
Another
conspiracy "theory" becomes conspiracy "fact" as
The
FT reports "a cluster of central banking investors has become
major players on world equity markets." The report, to be published this
week by the Official
Monetary and Financial Institutions Forum (OMFIF), confirms
$29.1tn in market investments, held by 400 public sector institutions in 162
countries, which "could potentially contribute to overheated asset prices."
China's State Administration of Foreign Exchange has become "the world's largest
public sector holder of equities", according to officials, and we suspect the
Fed is close behind (courtesy of more levered positions at Citadel), as the
world's banks try to diversify themselves and "counters the monopoly power of
the dollar." Which leaves us wondering where are the central bank
13Fs?
