Swedes show how smart money can outpace Trump era
Stockholm
RECENT history suggests it doesn't pay to expect the worst every time a political shock hits markets.
Michael Livijn, who as Sweden's Nordea Bank AB's chief investment strategist makes recommendations that guide about US$100 billion, says don't expect a bloodbath if elections in Europe this year unleash a populist wave like the one that propelled Donald Trump into the White House. That's because crisis fatigue has led to increasingly rapid market corrections.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
When US diplomats visit China, meal choices are about more than taste buds
China’s first-quarter industrial profits rise at slower pace
Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked