Swiss Watch Index is down to $63.19, down from $63.55 last week. Those Swiss bankers know what they are doing – naysayers be d*mned! We’ve already forgotten the name of the pundit who opined that Switzerland was too small to alter the relationship between the USD and the CHF, or SFR as we used to call them.
And, thanks to a last minute uptick (PPT, anyone?) our Model Portfolio Index has improved markedly from last week [note that we beat the DOW this time]:
Enjoy the weekend – summer is coming to an end. And for those readers on the East Coast, our hopes and prayers are with you.