Etter tre måneder med volatile og fallende markeder, snudde sentimentet i november 2023. Investorer var igjen optimistiske til at sentralbankene snart ville kutte styringsrentene og dette ledet til en kraftig oppgang i aksjemarkedene og fallende rentenivåer. Oppgangen fortsatte ut året og inn i januar.- Skrevet av makroanalytiker Svein Erik Førre
There are good reasons for excitement, but a grain of realism is needed not expecting AI to solve all world problems. We are following the AI revolution which will probably be more of an evolutionary process.
Equity investing is not just about managing risk but also understanding the dynamics of opportunity. Twelve months ago, an extreme peak in the monetary cycle coincided with a peak in asset markets.
Central banks have since the financial crisis in 2008, through low interest rates and liquidity, aggressively used the financial levers of the economy to pull the real economy forward. Now the central banks need to make a U-turn.
As we try to assess the longer-term implications of Russia’s vicious attack on Ukraine some conclusions come quickly and are hard to dispute. These are the known knowns.