SEB: Nordic Outlook: Broad-based investment boom continues to drive global economy
Sweden: Weak krona is of little benefit to growth SEB's economists are sticking to an optimistic forecast. Global GDP will grow by about 4 per cent yearly in both 2018 and 2019, supported by strong labour markets and growing capital spending. Political uncertainty is greatly intensified, but experience tells us that this will not have major consequences for economic activity. The United States is far ahead of Western Europe and is pulling ahead in its recovery, as reflected in growing key interest rate and long-term bond yield spreads, while the US dollar has reacted only cautiously.