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Is the Danish economy on the brink of overheating? Will growing labour shortages become a problem? And can we expect the housing market boom to continue? Find out all this and more in this podcast with Nordea Chief Analyst Jan Størup Nielsen on the Danish economic outlook. Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private use of investors to whom the publication or report has been distributed, but it is not intended as a personal recommendation of particular financial instruments or strategies and thus it does not provide individually tailored investment advice, and does not take into account the individual

Cryptocurrencies have seen their prices soar in the past 18 months and now have a total market cap above USD 2tn. Johan Trocmé and Viktor Sonebäck explore what cryptos are, what they are used for, what has driven the bonanza and whether there is a use case for them as a means of payment. Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private use of investors to whom the publication or report has been distributed, but it is not intended as a personal recommendation of particular financial instruments or strategies and thus it does not provide individually tailored investment advice, and does not take into account

How do you determine if a company is good at sustainability? ESG ratings vary greatly among providers, who are all measuring different things with different approaches. In this Nordea On Your Mind podcast, Viktor Sonebäck and Johan Trocmé talk to Nordea’s Anaïs Gilbert about how corporates should navigate this immature and rapidly evolving field. Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private use of investors to whom the publication or report has been distributed, but it is not intended as a personal recommendation of particular financial instruments or strategies and thus it does not provide individually

In this Nordea On Your Mind podcast, Johan Trocmé, Viktor Sonebäck and Kajsa Andersson discuss what has driven the hype for sustainability, why it is here to stay, and how their analysis clearly shows that it pays off through superior financial performance. They also make sense of ESG ratings, which are the natural tool for measuring a company’s sustainability, but a rapidly evolving area with many providers with different approaches. See connected article from Nordea On Your Mind here: https://insights.nordea.com/en/sustainability/esg-reaping-the-rewards/ Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private u

When will global economic activity be back to normal? Is rising inflation, particularly in the US, a cause for concern? What about ballooning government debt? And what can we expect from the red-hot housing markets? Find out all this and more in this podcast interview with Nordea Group Chief Economist Helge J. Pedersen on the latest Nordea Economic Outlook: Unrestricted Growth. Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private use of investors to whom the publication or report has been distributed, but it is not intended as a personal recommendation of particular financial instruments or strategies and thus i

Did you think you would find drama in a podcast on bank regulations? Think again. Johan Trocmé, Viktor Sonebäck and Kajsa Andersson from Nordea Thematics talk about what Basel IV is, why the Basel Committee for Banking Supervision is involved in regulations to begin with, and what they are hoping to achieve with this finalisation of Basel III. Most importantly, they explore what this will mean for corporate borrowers, based on findings in their recent NOYM report. Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private use of investors to whom the publication or report has been distributed, but it is not intended

In this Nordea On Your Mind podcast, Johan Trocmé and Viktor Sonebäck from Nordea Thematics talk to Henrik Immelborn who runs Debt Solutions and Loans in Denmark at Nordea Investment Banking. They discuss how Nordic large corporates fund themselves today versus 20 years ago, how they coped with the shock from the COVID-19 pandemic in 2020, and how market imperfections create a need for advice on funding and rating strategies. Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private use of investors to whom the publication or report has been distributed, but it is not intended as a personal recommendation of parti

Does capital structure matter for a company’s value? In this podcast, Johan Trocmé, Viktor Sonebäck and Johanna Rådemar from Nordea Thematics have fun trying to disprove nobel prize-winning economic theory. Their analysis in the Nordea On Your Mind report titled ‘The hunt for the right leverage’ suggests leverage has a big influence on both valuation and long-term share price performance.

Johan Trocmé and Viktor Sonebäck from Nordea Thematics talk with Adam Schatz, CEO of DIY and Home Furnishing e-tailer BHG Group, about the explosion in online shopping triggered by the COVID-19 pandemic. Will changes in consumer behaviour be permanent, and how do online and bricks-and-mortar retailers need to respond? What will be needed to succeed? Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private use of investors to whom the publication or report has been distributed, but it is not intended as a personal recommendation of particular financial instruments or strategies and thus it does not provide individua

2020 has been a turbulent year, fundamentally defined by the COVID-19 pandemic. Viktor Sonebäck and Johan Trocmé reflect back on the Nordea On Your Mind topics covered during the year, evolving from navigating the initial shock to the economy, to the sometimes drastic changes in consumer behaviour brought by the pandemic, and how these could turn out to be permanent. The new normal will be different from the old normal.

Industry 4.0 may sound like a software update, but it is a German-invented name for the next big industrial revolution, after steam power, electric power and programmable logic. It is also the topic for Nordea's latest report of Nordea On Your Mind. In this podcast, Johan Trocmé and Viktor Sonebäck talk about findings from their report, like how productivity growth has collapsed in the G7 economies in the past 10 years, and a new industrial paradigm will be needed to drive growth going forward. Internet connectivity is the big game changer, and we believe much of the new efficiency upside will come from business model innovation. Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or

Capital markets have rebounded from the COVID-19 shock, and consensus forecasts expect 2021 to be even better than the pre-pandemic 2019. Are corporates equipped to face a more challenging 2021 and 2022 if consensus forecasts are too optimistic, and is there a need for a contingency plan? It could take time to get back to normal, and the new normal could be different from the old one. Corporates should have a plan B to ensure they can cope with the journey there. In the latest episode of Nordea On Your Mind Johan Trocmé, director at Nordea Thematics, and Viktor Sonebäck, associate at Nordea Thematics, share the light upon this and much more. Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publi

The coronavirus blew a large hole in the Finnish economy. While private consumption is returning to normal as Finland slowly reopens, challenges faced by exporters and manufacturers are expected to actually worsen in the fall when order books are cleared. Will Finland be able to continue on its V-shaped recovery path? Listen to the podcast with Tuuli Koivu, Nordea’s Chief Economist for Finland. Read more about Finland in the Nordea Economic Outlook: https://docs.nordeamarkets.com/nordea-economic-outlook/economic-outlook-2020/EO-en-02-2020/?page=22 Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private use of inve

Sweden has attracted international attention for its outlier coronavirus strategy, relying more on recommendations for people’s behaviour rather than a strict lockdown. So how has Sweden’s economy fared during the pandemic, and what’s the outlook going forward? Listen to the podcast with Nordea Chief Analyst Torbjörn Isaksson. Read more about Sweden in the Nordea Economic Outlook: https://docs.nordeamarkets.com/nordea-economic-outlook/economic-outlook-2020/EO-en-02-2020/?page=14 Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private use of investors to whom the publication or report has been distributed, but it i

When the coronavirus hit, Norway’s economy was expected to take one of the biggest blows, suffering the double whammy of falling oil prices as well as the pandemic. In this Nordea Markets Insights podcast, Norway Chief Economist Kjetil Olsen explains why Norway’s recovery is turning out to be much stronger and faster than anyone expected a couple of months ago. Read more in the Economic Outlook: https://docs.nordeamarkets.com/nordea-economic-outlook/economic-outlook-2020/EO-en-02-2020/?page=20 Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private use of investors to whom the publication or report has been distri

Denmark was one of the first countries in Europe to announce a coronavirus lockdown in early March. It was also one of the first countries to reopen its economy. So how is the economic recovery progressing? In this Nordea Markets Insights podcast, Chief Analyst Jan Størup Nielsen presents the Danish economic outlook and explains why he’s been positively surprised when it comes to private consumption and the housing market. Read more in the latest Nordea Economic Outlook: https://docs.nordeamarkets.com/nordea-economic-outlook/economic-outlook-2020/EO-en-02-2020/?page=16#/ Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information

The oil industry has suffered three big shocks only in the past twelve years. It has been turned completely upside down in 2020, with a price war in March quickly abandoned as the COVID-19 pandemic caused an unprecedented demand collapse. Johan Trocmé, Viktor Sonebäck and Shirin Haddad talk about their latest Nordea On Your Mind report ‘Oil: black gold or black hole’, where they explore how the industry should deal with likely persistent oil price volatility, peak oil demand within six years as renewable energy keeps growing, and the need to have a sustainable business, also in oil. All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general informat

The Euro area has experienced a spectacular fall in economic activity during the corona crisis. Yet some countries have been hit harder than others, and the economic rebound is likely to be asymmetrical. Hear why in this podcast with Chief Analyst Jan von Gerich and Analyst Inge Klaver. As the economic damage pushes government debt levels higher, will support from the European Central Bank be enough to keep the Euro area together? Listen below. And read the full Economic Outlook: https://docs.nordeamarkets.com/nordea-economic-outlook/economic-outlook-2020/EO-en-02-2020/ Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information

The US and the UK economies have both been hit hard by the corona crisis. What does the path ahead look like, especially amid geopolitical risks such as the US presidential election, the US-China trade war and the ongoing Brexit saga? Nordea analyst Morten Lund delves into the outlook for both economies in this latest instalment of our Economic Outlook podcast series. Download the full report: https://docs.nordeamarkets.com/nordea-economic-outlook/economic-outlook-2020/EO-en-02-2020/#/ Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private use of investors to whom the publication or report has been distributed,

China was the first country hit by the coronavirus and has since largely managed to bring the outbreak under control. The Chinese economy has thus become a bellwether for the rest of the world. So how is the economic recovery progressing in China post-lockdown? Nordea Chief Asia Analyst Amy Yuan Zhuang delves into the subject in the latest installment of our Economic Outlook podcast series. Download the Economic Outlook: https://docs.nordeamarkets.com/nordea-economic-outlook/economic-outlook-2020/EO-en-02-2020/#/ Disclaimer: All opinions and estimates in this podcast are, regardless of source, given in good faith, and may only be valid as of the stated publication date and are subject to change without notice. The podcast is intended only to provide general and preliminary information to investors and shall not be construed as the basis for any investment decision. This publication or report has been prepared by Nordea Markets as general information for private use of investors to whom the publication or re