Talouden sykkeessä

Talouden kasvunäkymät ovat piristyneet alkuvuonna, ja ohjauskorot näyttävätkin nousevan euroalueella liki neljään ja Yhdysvalloissa kuuteen prosenttiin. Suomessa asuntolainojen ja valtion velan verrattain lyhyt koron kiinnitys sekä rakennusinvestointien suuri osuus tekevät taloudesta muuta euroaluetta korkoherkemmän. Miten Suomen talous kestää korkojen nousun? Ruotsin keskuspankki puolestaan tasapainottelee kotitalouksien kasvavien korkomenojen ja heikkenevän valuutan välillä.

Muun muassa näistä aiheista ovat keskustelemassa pääanalyytikko Jan von Gerich sekä ekonomistit Kristian Nummelin ja Juho Kostiainen.

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 investor’s particular financial situation, existing holdings or liabilities, investment knowledge and experience, investment objective and horizon or risk profile and preferences. The investor must particularly ensure the suitability of an investment as regards his/her financial and fiscal situation and investment objectives. The investor bears the risk of losses in connection with an investment. Before acting on any information in this publication or report, it is recommendable to consult one’s financial advisor.

Euroopan talousnäkymät ovat parantuneet syksystä selvästi energiapulan helpottaessa. Euroalueella näyttää siltä, että taantuma voidaan välttää, mutta Suomi keikkuu edelleen taantuman rajamailla. Miltä tasoilta asuntohintojen uusi tasapaino löytyy Suomessa ja muissa Pohjoismaissa?

Taittuuko inflaatio vihdoin ja milloin korkojen nousu päättyy? Näistä kysymyksistä keskustelemassa Nordean ekonomisti Juho Kostiainen, pääanalyytikko Jan von Gerich ja ekonomisti Kristian Nummelin.

Lue suomenkielinen Nordea Economic Outlook - Tasapainoa etsimässä: https://docs.nordeamarkets.com/nordea-economic-outlook/economic-outlook-2023/eo-fi-01-2023/

Kuuntele myös Economic Outlook -webinaarimme: https://corporate-video.nordea.com/nordea-economic-outlook-suomeksi-8/room

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 investor’s particular financial situation, existing holdings or liabilities, investment knowledge and experience, investment objective and horizon or risk profile and preferences. The investor must particularly ensure the suitability of an investment as regards his/her financial and fiscal situation and investment objectives. The investor bears the risk of losses in connection with an investment. Before acting on any information in this publication or report, it is recommendable to consult one’s financial advisor.

Nousevat lainakorot ja karut arviot Suomen julkisen talouden suuresta sopeuttamistarpeesta ovat nostaneet valtion velkaantumisen taas keskustelun keskiöön. Mikä on Suomen taloustilanne, kuinka huolissaan julkisen talouden näkymistä pitäisi olla ja miten näihin haasteisiin voidaan vastata?

Näistä kysymyksistä keskustelemassa Nordean ekonomisti Juho Kostiainen, analyytikko Lauri Vepsäläinen ja pääanalyytikko Jan von Gerich.

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 investor’s particular financial situation, existing holdings or liabilities, investment knowledge and experience, investment objective and horizon or risk profile and preferences. The investor must particularly ensure the suitability of an investment as regards his/her financial and fiscal situation and investment objectives. The investor bears the risk of losses in connection with an investment. Before acting on any information in this publication or report, it is recommendable to consult one’s financial advisor.

Sota varjosti kulunutta vuotta 2022. Miten talous ja markkinat heiluivat vuoden mittaan ja mitkä kehityskulut jäivät erityisesti mieleen? Ja mitä aiheita ja indikaattoreita tutkimustiimi aikoo seurata erityisen tiiviisti vuonna 2023?

Tämä selviää kuuntelemalla Nordea Marketsin joulupodi, mukana keskustelemassa Tuuli Koivu, Jan von Gerich, Kristian Nummelin, Antti Koskivuo sekä Lauri Vepsäläinen.

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 investor’s particular financial situation, existing holdings or liabilities, investment knowledge and experience, investment objective and horizon or risk profile and preferences. The investor must particularly ensure the suitability of an investment as regards his/her financial and fiscal situation and investment objectives. The investor bears the risk of losses in connection with an investment. Before acting on any information in this publication or report, it is recommendable to consult one’s financial advisor.

Asuntomarkkinoilla kehitys heikkeni selkeästi vuoden jälkipuoliskolla kauppamäärien perusteella. Talven näkymät ovat haastavat, mutta viimeistään kesäaurinko alkaa jälleen lämmittää asuntomarkkinoita. Millaista laskua asuntohinnoissa voidaan ensi vuonna nähdä? Onko markkinatilanteessa voittajia? Ovatko lainanantokriteerit muuttuneet?

Näihin ja muihin asuntomarkkinoiden ajankohtaisiin kysymyksiin vastauksia pohtivat Nordean analyytikko Antti Koskivuo ja Kiinnitysluottopankin toimitusjohtaja Jussi Pajala.

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 investor’s particular financial situation, existing holdings or liabilities, investment knowledge and experience, investment objective and horizon or risk profile and preferences. The investor must particularly ensure the suitability of an investment as regards his/her financial and fiscal situation and investment objectives. The investor bears the risk of losses in connection with an investment. Before acting on any information in this publication or report, it is recommendable to consult one’s financial advisor.

Yhdysvaltojen työmarkkinat käyvät edelleen kuumina, ja inflaatio jyllää. Keskuspankki kertoi taas uudesta jättinostosta, kun taas äänestäjät toivovat liittovaltiolta apua ensi viikon välivaalien jälkeen.

USA:n tilannetta pohtimassa ekonomisti Kristian Nummelin ja pääanalyytikko Jan von Gerich.

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 investor’s particular financial situation, existing holdings or liabilities, investment knowledge and experience, investment objective and horizon or risk profile and preferences. The investor must particularly ensure the suitability of an investment as regards his/her financial and fiscal situation and investment objectives. The investor bears the risk of losses in connection with an investment. Before acting on any information in this publication or report, it is recommendable to consult one’s financial advisor.

Puoluekokous vahvisti entisestään Xi Jinpingin asemaa Kiina johdossa. Xin talouspolitiikan linja herättää kysymyksiä, sillä talouden merkitys päätöksenteossa on vähentynyt hänen aikakaudellaan, eikä esimerkiksi koronapolitiikkaan ole näkyvissä helpotusta.

Kiinan talousnäkymistä ja juanin kurssikehityksestä keskustelevat pääekonomisti Tuuli Koivu ja ekonomisti Kristian Nummelin.

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 investor’s particular financial situation, existing holdings or liabilities, investment knowledge and experience, investment objective and horizon or risk profile and preferences. The investor must particularly ensure the suitability of an investment as regards his/her financial and fiscal situation and investment objectives. The investor bears the risk of losses in connection with an investment. Before acting on any information in this publication or report, it is recommendable to consult one’s financial advisor.

Asuntomarkkinoilla kauppamäärät ja hintojen nousu ovat vaimentuneet tänä vuonna. Korkojen ja energiakustannusten nousu nostavat nyt asumiskuluja kovaa tahtia. Laskevatko asuntojen hinnat Suomessa? Kenelle kallis energia ja korkeammat korot tuntuvat eniten? Miten ilmastonmuutos vaikuttaa suomalaisten asumiseen?

Näitä ja monia muita asuntomarkkinoiden ajankohtaisia teemoja ovat pohtimassa Nordean ekonomisti Juho Kostiainen, Kiinnitysluottopankin toimitusjohtaja Jussi Pajala ja analyytikko Antti Koskivuo.

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 investor’s particular financial situation, existing holdings or liabilities, investment knowledge and experience, investment objective and horizon or risk profile and preferences. The investor must particularly ensure the suitability of an investment as regards his/her financial and fiscal situation and investment objectives. The investor bears the risk of losses in connection with an investment. Before acting on any information in this publication or report, it is recommendable to consult one’s financial advisor.

Korot nousevat nyt poikkeuksellisen nopeasti inflaationäkymien pakottaessa keskuspankit yhä nopeampaan rahapolitiikan kiristämiseen. Korkeammat korot kurittavat Suomenkin taloutta, mutta euron arvoa ne eivät ole onnistuneet pönkittämään.

Näkymistä keskustelemassa ekonomisti Juho Kostiainen, valuutta-analyytikko Kristian Nummelin sekä pääanalyytikko Jan von Gerich.

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 investor’s particular financial situation, existing holdings or liabilities, investment knowledge and experience, investment objective and horizon or risk profile and preferences. The investor must particularly ensure the suitability of an investment as regards his/her financial and fiscal situation and investment objectives. The investor bears the risk of losses in connection with an investment. Before acting on any information in this publication or report, it is recommendable to consult one’s financial advisor.

Talousnäkymät heikentyivät kesällä odotuksia jyrkemmin. Syksyn alkaessa kova inflaatio, Kiinan jatkuva koronakamppailu ja Eurooppaa uhkaava energiakriisi ovat huolien kärkipäässä.

Talousnäkymistä sekä tunnelmista valuutta- ja korkomarkkinoilla keskustelevat valuutta-analyytikko Kristian Nummelin, korkoanalyytikko Jan von Gerich sekä ekonomistit Juho Kostiainen ja Tuuli Koivu.

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 investor’s particular financial situation, existing holdings or liabilities, investment knowledge and experience, investment objective and horizon or risk profile and preferences. The investor must particularly ensure the suitability of an investment as regards his/her financial and fiscal situation and investment objectives. The investor bears the risk of losses in connection with an investment. Before acting on any information in this publication or report, it is recommendable to consult one’s financial advisor.