Monthly Comments

The strong stock market performance we saw in November continued into December, resulting in a positive year-end for most of the world’s major stock markets. The Stockholm SAX index, which showed negative year-to-date performance as late as the end of October...

The negative market movements we observed during September and October shifted to a significantly more positive sentiment in November. Falling interest rates and declining inflation figures raised...

The negative sentiment from September continued into October. Geopolitical uncertainty increased further due to the events in Israel and Palestine, and the risk of more states getting involved created additional concern.

During September, the major stock markets worldwide declined while interest rates continued to rise. Relatively strong economic figures and macro statistics can explain the increasing interest rate environment, making fixed-income...

Under the month of August, market volatility increased while the major stock indices declined. The Stockholm Stock Exchange’s broad index, SAX, was one of the larger losers and was down nearly 4%. This means that...

During July, focus has mainly been on companies' reports for the second quarter. Generally speaking, the reports have been good. The Swedish banking sector showed both good profitability and...

In June, the FED left its key interest rate unchanged, while the ECB and the Riksbank, among others, raised interest rates further. The risk of an upcoming recession is still real at the same time as the major stock market...

During the month, there were mixed signals regarding the inflation trend. In general, however, we see falling inflation numbers. The US central bank, the Fed, raised the interest rate by 25 basis points...

During the month, many companies reported figures for the first quarter. In summary, the reports have been relatively good, with generally strong order intake and signs of continued diminishing pandemic effects.

The news flow during March has mainly been about the financial sector and risks associated with the banks. The trigger was the US Silicon Valley Bank, which got into big trouble after it placed deposits from its customers in US government bonds...