There’s news from Switzerland — but it’s not about chocolate.

The Swiss National Bank now owns a record $84 billion worth of US stocks. That’s $4 billion more than the last time I looked.

Why do the Swiss like US stocks so much? The innocent answer is that the Swiss Bank can’t find anything better to invest in.

The sinister answer is that it is trying to keep the market up, maybe for a partner in the US who can’t stand stocks tanking.