2023 Financial Market Review and Outlook by Jānis Rozenfelds, Head of SEB Investment Management

Jānis Rozenfelds, head of SEB Investment management Photo: Kristaps Liepa

In the comments published last year, I have mentioned that 2023 will pass relatively calmly in the financial markets, if we compare it with the most stormy events between 2020 and 2022. At the same time, last year was also full of interesting events, moreover, at the end of the year, the financial markets went up rapidly, and we can also see a positive effect in the results of our pension plans. So what were the most important events of the past year that moved the financial markets and were reflected in the results of our pension plans? Written by Jānis Rozenfelds, head of SEB Investment management.

Inflation is a word that we seem to have heard in countless conversations lately. It has left its mark in a lot of different areas, being not only the most topical topic of macroeconomics, but also significantly affecting our everyday life. Inflation rates started to rise already in 2022, and last year both European and US central banks started fighting against inflation by raising interest rates. Therefore, in 2023, investors caught every word of the central banks about the upcoming changes in interest rates with great interest.

2024-01-05 09:30:03
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