February market view
A cautiously positive view
Market Outlook: Strong debut and mixed signals
It was a hawk! Late last week, new Riksbank Governor Erik Thedéen made hawkish statements after his first policy meeting, which raised Sweden’s key interest rate by 50 basis points. A further hike is expected this spring. The European Commission predicts a downturn for the Swedish economy in 2023, while SEB’s housing price indicator shows diminishing pessimism about Swedish home prices (more below). For stock markets, last week was disappointing.
Investment Outlook February 2023
Inflation downturn will ease risk picture
