Nordea Economic Outlook: The waiting game
“There is a myriad of signals across the global stage and drawing firm conclusions on the economic outlook is dangerous given the complex interplay of those on the positive side of the balance sheet and those in the negative column,” says Nordea’s Group Chief Economist, Helge J. Pedersen, adding that the Nordic economies are also moving in different directions these years.
While the many signals on the geopolitical arena are familiar now, familiarity makes them no less powerful. The US-China trade war isn’t going away, the Brexit stranglehold on Europe is locked in, inverted bond yield
