Those 230 billion that explain the stock market rebound despite the war

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Norges Bank, the Norwegian central bank that manages the giant $ 1.3 trillion sovereign wealth fund, could not (and cannot) remain unbalanced. After the sharp collapse of the stock markets in late February-early March, caused by the war in Ukraine and the tensions related to central bank policies, he had no other choice: to restore the right mix of stocks and bonds in his gigantic portfolio, he had to ( and probably has yet to complete the work) buy …