web analytics

Nordea Economic Outlook: Time of fear

“There is a real risk that the relationship between the US and China, which basically is a struggle for global dominance, could turn even worse,” says Nordea’s Group Chief Economist, Helge J. Pedersen. “That is one of the reasons why we see a bigger risk of growth surprising on the downside rather than the upside in the coming years.”  

Fear is a powerful word to use in any context, but if you’re looking at financial markets and central bankers behaviour, it’s apt. A year ago we wondered if the trade war between the US and China might be approaching an end. We’d also anticipated a Brexit

Source: Nordea Economic Outlook: Time of fear

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.