Economy

The election in the USA Reactions to the assassination attempt
Analyst: Trump's position strengthens - good for the market

The assassination attempt on Donald Trump is believed to have strengthened his position ahead of the presidential election in November. CNBC writes that this will likely affect the markets positively.

Over the past five presidential elections, confidence in business leaders, consumer sentiment and small business optimism have increased more with Republican victories than when Democrats won. That's what analysts at Goldman Sachs point out.

"If the improved sentiment leads to increased consumption and investment, a Trump victory could boost the earnings outlook for some companies, even without major policy changes."
 

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Electricity prices
Eon raises the electricity grid fee sharply in August

The electricity company Eon is raising electricity grid charges sharply in August, and that's just the beginning. This is stated by head of department Gustav Wengen for TT.

- There will be more increases, he says.

The biggest increase will be in the Stockholm area, where the fee increases by 9 percent, which gives a total increase of almost 22 percent for the year. In central and southern Sweden, the fee is increased by 6 percent.

The price increases mean an annual cost increase of SEK 764 for apartment buildings in Stockholm and SEK 675 in southern and central Sweden.

Eon justifies the increases with increased costs and large investments, while Sweden's Allmännytta criticizes them for increasing profits.

The electricity company raised prices sharply as recently as the turn of the year.

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Swedish inflation
Economist: "The happy days are not coming back"

The economy is slowly returning to some kind of normal state after pandemic, war, inflation and interest rate hikes. That's what Dahlgren Capital's chief economist Klas Eklund writes in a column on Privata Affärer.

"But that does not mean that we will return to the happy days before the pandemic, with zero or minus interest rates from the Riksbank, extremely low mortgage rates and rapidly rising housing prices. The outside world has changed.”

Eklund emphasizes that globalization is slowing down, productivity is dampening and global growth forecasts are negative, leading to higher costs and inflation.

Therefore, the central banks will likely keep interest rates higher, writes Eklund. He assesses that the normal interest rate in the future will vary between 3-5 percent.