Nordea Corporate Insights

What matters most, reported profits from corporates, or how much of those profits are turned into cash flow? Our latest Nordea On Your Mind report “Cash trumps profits”, this time written by guest authors Hugo Fredriksson and Johan Hallgren from Nordea Research’s Quant team, takes a deep dive into this topic. Johan Trocmé from Nordea Research Thematics talks to them about why cash conversion matte...

Are you shopping on the internet? Thinking about it? You are not alone. The online share of retail sales in the Nordics has doubled since 2011, and is at 10% similar to that in the US and well above the average in Europe. Within 10 years it could be 30%. Nordea Research COO Anne Schult Ulriksen talks to Johan Trocmé, Viktor Sonebäck and Philip Wrangberg from the Thematics team about their Nordea O...

Mergers and acquisitions activity is on the rise again globally and the ripples are washing through the Nordics. M&A in the Nordics arena has averaged EUR 55bn per annum since 2005 and the 2007 peak of EUR 87bn is once again in sight. Johan Trocmé and Viktor Sonebäck explore the findings from their latest Nordea On Your Mind report “M&A: Buying high or low” with Nordea Markets Chief Editor Martin...

Corporate funding has changed significantly in the last seven years, but your options could narrow if markets take a turn for the worse. In this podcast Johan Trocme and Viktor Sonebäck from Thematics in Nordea Research go head-to-head with Nordea Markets chief editor Martin O’Rourke about these matters. Spoiler alert: Financial life jackets will be handed out. Disclaimer: All opinions and estimat...

Seeing and hearing a lot about AI in the news? Wonder where all the hype is coming from? Have you ever worried about an AI becoming super-intelligent, taking over the world and having no use for humans? Or at least about AI replacing human jobs? Or are you a business leader, fearing that your company will become uncompetitive if it does not start using AI tools? In this podcast, Nordea Markets Chi...

The refugee question is threatening the 70-year old coalition in Germany and reprioritizing the EU’s reform agenda. Our latest podcast with Aki Kangasharju and Jan von Gerich reveals what to think of the CSU’s initiative to stop the refugee inflow to Germany, Italy’s pledge to create refugee quotas across the EU, and what kind of repercussions these developments could have for the future of the EU...

In this podcast, we discuss the key takeaways from "The ECB and Its Watchers" conference, attended by Chief Analyst Jan von Gerich: A more confident ECB is heading for its exit from quantitative easing, despite low inflation. We also take a look at a new research piece on so-called "super core inflation" in the Euro area, by Chief Analyst Anders Svendsen, and discuss how it still all adds up to ou...

Market rumours about the death of the famous Phillips curve are exaggerated. Fed believes in the Philips curve – the relationship between wages and unemployment – and so do we. Listen in when our analysts; Jan Von Gerich, Kjetil Olsen and Anders Svendsen discuss the Fed outlook and the risk of rising wage growth and inflation in the US. Hear why this means that Fed may have to hike rates further t...

Italians head to the polls on 4 March in an election hugely important for Italy and for Europe. Italy needs reforms to lift growth and solve its looming public debt issue. Europe needs a stable, cooperative Italy that wants to remain in the Euro area. Neither will get what it needs. The political uncertainty is already having an impact on financial markets. Hear more in this podcast with Anders Sv...

“Don’t panic” is Jan von Gerich’s response to the recent flattening of the US yield curve. Yet an inversion of the yield curve has proceeded each and every US recession since the mid-50s. Hear why we don’t need to worry just yet in this podcast where Anders Svendsen and Jan von Gerich discuss the various scenarios and what “danger signals” to be aware of. Read the full research piece “Yield curve...

In this China-special podcast, analysts Tuuli Koivu and Anders Svendsen discuss what to expect from US President Trump’s visit to China and what Tuuli learned from her recent trip there. 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...

Angela Merkel is likely to remain in office after the election to the German Bundestag on Sunday 24th September. But which parties are going to form the new coalition government and what challenges is the superstrong German economy facing in the longer run? Listen when Group Chief Economist Helge J. Pedersen and Chief Analyst Holger Sandte discuss Germany’s upcoming election. Disclaimer: All opini...

The global economic recovery appears on track. For the first time since 2007 all OECD countries are growing, and more countries than ever since 2010 are witnessing accelerating growth. Inflation will remain low. This will allow central banks to continue supporting economic activity. Listen when Group Chief Economist Helge J. Pedersen and Chief analyst Anders Svendsen discuss Nordea’s new Economic...

All eyes will be on the important OPEC meeting in Vienna on Thursday the 25th May. Our oil analyst, Thina Saltvedt takes us through Nordeas predictions for the OPEC meeting.

We recently recommended to overweight Emerging Market’s equities and local-currency bonds in our Global Asset Allocation Strategy. Hear why in this special podcast where our Emerging Markets (EM) experts, Anders Svendsen and Andreas Østerheden elaborate on the great potentials in e.g. EM equities and currencies and analyse the concurrent risks. Click and hear about attractive, yet risky, EM invest...

Mandag morgen vågner de finansielle markeder op til resultatet fra den første runde i det franske præsidentvalg. Det kan potentielt skabe store markedsbevægelser og sætter samtidig dagsordenen når ECB mødes på torsdag. Endelig har de amerikanske politikkere lagt i kakkelovnen, til endnu et slagsmål om de offentlige udgifter. Lyt med når Cheføkonom Helge Pedersen og chefanalytiker Jan Størup vender...

Who will become the next French president – Macron, Fillon or Le Pen? Moving closer to the first election round (23rd April), it is still an open race. EU-sceptic Marine Le Pen is a popular politician in France, but surely not favoured by the financial markets – on the contrary. So why are the financial markets “afraid” of seeing Le Pen as the next French president? Chief analyst Holger Sandte exp...

Growth stability is top priority, and even more crucial than ever. That's what Chinese government officials stressed at the annual National People's Congress (NPC). Why is stability so crucial for economic policy this year? Which measures will be used to stimulate growth and fuel an investment boom? Chief analyst Amy Yuan Zhuang, our expert in Asian economies located in Singapore, elaborates on th...

The Dutch election is the first of several in the EU this year where the rise of euro-sceptic parties could increase the likelihood of a euro or EU break-up – and with it fuel volatility on the financial markets. Chief analyst Holger Sandte analyses various political scenarios and the impact on the financial markets. We discuss the odds for a victory to Geert Wilder’s EU-sceptic Freedom Party and...

Four days after Trump’s inauguration speech, the US president has meddled with the US dollar level, pulled the plug on Trans-Pacific and Transatlantic partnerships, and aired tariffs on foreign goods and more. What’s next, and what to expect? Chief analyst Johnny B. Jakobsen analyses Trump’s promises and actions, and elaborates on the immediate market reactions and future scenarios. Get an overvie...

Did your predictions for 2016 come true? What's the forecast for 2017 – any investment tips? Hear what our senior analyst Aurelija Augulyte predicts to be the market surprises this year, and why she’s turning ‘bearish’. Listen to what the senior analyst would go for in 2017 and what she would avoid. Figure out if gold could make a comeback this year - and why Aurelija now, opposed to last year, wo...

FOCUS: Why does an Italian referendum vote cause so many headlines and concern on the financial markets? Chief analyst Holger Sandte explains the implications of the vote, and how and to what extent a Yes or a No vote might affect the financial markets. Listen and hear about pitfalls and what the outcome means to the Euro area – and hear what to expect from the upcoming ECB meeting. Disclaimer: Al...

Donald Trump is heading for the White House - and as expected Trump's victory set off sharp falls all around; US stock futures and European stock markets dropped and the Peso plummeted promptly. Uncertainty rules and spurs market turmoil - but how heavy and for how long? Chief analyst Anders Svendsen analyses the market reactions the Day After. Learn about winners and losers in Trump land, and hea...

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 prepa...

Rising inflation in the US and UK while its disinflation in Sweden. Chief Analyst Holger Sandte analyses the up- and down-sides to the fresh data, and looks into Draghi's speech in ECB and evaluates the market reactions to a "pretty boring" ECB meeting. Learn what investors should keep a special eye on next week in a stream of important US data releases, Fed speeches and news from the Swedish Riks...