SEB: Nordic Outlook: Complex cyclical and political forces - Broader-based Swedish growth- Riksbank rate hike in 2017
Political turbulence will open the way for both negative and positive economic outcomes in 2017-2018. Protectionism and isolationism will be offset by optimistic and improved growth signals; 2017 will be dominated by predictable unpredictability, according to SEB economists in the February 2017 issue of the quarterly Nordic Outlook report. The United States will show strong growth, but not mainly due to Trumponomics. Emerging market (EM) economies have bottomed out. The European Union and the United Kingdom are at a crucial political and economic crossroads, surrounded by great uncertainty: