Monthly Comments

In September, the financial markets became increasingly nervous. The SAX index in Sweden lost just over 6%, the stock exchanges in Europe and the USA were also down - the S&P 500, for example, was down just over 5%.

In July, markets have focused on the spread of the delta variant of Covid-19. However, the number of people in need of intensive care remains low, which indicates that the vaccinations are effective. Instead, the reporting period for the second quarter has dictated the mood of financial markets.

In March, stock markets were mostly up. The Stockholm Stock Exchange was one of the best performing markets, driven by strong gains for cyclical companies and as well as banks. The long-term interest rate in the US continued to rise...

February started off with relatively strong stock markets. The hysteria surrounding Gamestop and other shorted companies subsided and hopes of an increased vaccination rate contributed to the optimism. However, towards the middle of the month, the markets turned...

2021 started off relatively strong with rising stock markets. In the US, the Democrats managed to get a majority both in the House of Representatives and the Senate, the latter through Vice President Kamala Harris's tiebreaking vote. Financial markets reacted positively...