2021 started off relatively strong with rising stock markets. In the US, the Democrats managed to get a majority both in the House of Representatives and the Senate, the latter through Vice President Kamala Harris's tiebreaking vote. Financial markets reacted positively...

We are putting a difficult year behind us with major movements in the financial markets as a result of Covid-19. A pandemic that has caused great suffering, resulted in massive monetary and fiscal measures and is likely to lead to new patterns of behaviour. Investor focus has also been on the US presidential election, investments in sustainability and the dominant position of the tech companies, amongst others.

In December, financial markets in general showed positive performance. The OMX30 however, declined around 2% which sums up to a rise of just under 6% for the whole of 2020.