BULLARNA ÄR TILLBAKA

"Upside potential has narrowed, look for initial market setbacks to add shares

Our proprietary leading indicator (the GLEI) indicates Nordic equity markets moving sideways over the next five to six months, creating a ‘floor’ for any market correction. We also believe the net effect of economic policy events in autumn will be positive, supporting risk appetite. We expect Nordic equities to trade 9% higher over the next six to 12 months. We expect cyclicals to outperform defensives – we only expect a short-term loss of momentum." SEB Enskilda