Nordic equity strategy chart book
The market had underestimated the risk of a new wave of Covid-19 infections, driving global equities lower in October. We believe the US election could bring a positive catalyst this week, if the result is clear-cut, but we will probably need to see signs that the pace of new lockdown restrictions is slowing before the market can build a foundation for durable gains. We maintain our moderate underweight equity market view.
DNB Markets is the investment banking arm of DNB Bank ASA and is focused primarily on the Nordic region, as well as internationally on niches such as global shipping, energy and related services, and seafood. DNB Markets offers services in FICC, Equities and Investment Banking advisory from offices in Oslo, Stockholm, London, Singapore and New York. Equity research coverage is offered on c250 Nordic companies. DNB was ranked no.2 in Extel Nordic Research 2017. The DNB Markets’ Credit and FICC Macro & FX Research teams are repeatedly highly rated by Prospera Nordic Institutional Investor Surveys.
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