Inflation has been very modest, and that is the biggest single factor affecting interest rates. And as long as inflation remains modest, rates won't rise dramatically.
It's not really a conundrum because earnings have been terrific for financials and they are likely to remain solid this year.
Last year saw very strong earnings. People did not expect it. Now the bar for 2006 has been set higher and the risk of disappointment has risen.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.