SEB: Investment Outlook: Worrisome economic uncertainty

A rapid oil price slide, a mixed economic picture, uncertainty about 

,
doubts about the impact of further key interest rate cuts and stimulative asset
purchases by central banks, a possible British exit ("Brexit") from the European
Union etc. Investors can tolerate all these things when the economy is chugging
along and corporate earnings are climbing.

But the opposite is true at times like now, after a period of weaker-than-
expected economic performance and quarterly report periods that have continued
to generate downward adjustments in corporate earnings forecasts.

The first 2016 issue of SEB's quarterly Investment Outlook examines current
economic uncertainty. Are the market's worries about slow growth or even a
recession exaggerated, or is the market on to something?

"It becomes apparent that we are in an unusual market situation, for example,
when we study American quarterly reports. Car makers are delivered record
earnings, while oil company profits have rarely been worse. It may be that we
are in a transitional phase towards a slower long-term growth rate," says
Fredrik Öberg, Chief Investment Officer at SEB Private Banking.

Have oil prices bottomed out, and what will happen to highly commodity-dependent
countries such as 

 that have been slammed by many negative forces
simultaneously? If we are entering a period of slow growth and low inflation,
what will happen to corporate earnings, and where will capital move in search of
returns? These are some of the themes discussed in the March issue of Investment
Outlook. The report also examines regional growth and inflation prospects, as
well as various asset classes. It provides a forecast of future currency
movements, including an in-depth look at the future of the Chinese yuan.

Investment Outlook also provides tips and advice about current risks and
opportunities in the art of investing. The report can be read in its entirety at
www.sebgroup.se.

 For further information, please   Press contact:
 contact:                          Anna Helsén, Group Press Officer
 Fredrik Öberg, Chief Investment   +46 8 763 9947, +46 70 698 4858
 Officer                           anna.helsen@seb.se
 +46 8 763 63 04
 fredrik.oberg@seb.se
-------------------------------------------------------------------------------
 SEB is a leading Nordic financial services group. As a relationship bank, SEB
 in 

 and the Baltic countries offers financial advice and a wide range of
 other financial services. In 

, 

, 

 and 

 the bank's
 operations have a strong focus on corporate and investment banking based on a
 full-service offering to corporate and institutional clients. The
 international nature of SEB's business is reflected in its presence in some
 20 countries worldwide. On December 31, 2015, the Group's total assets
 amounted to SEK 2,496 billion while its assets under management totalled
 SEK 1,700 billion. The Group has about 15,500 employees. Read more about SEB
 at www.sebgroup.com.



Investment Outlook: 
http://hugin.info/1208/R/1992593/733396.pdf

Press release (PDF): 
http://hugin.info/1208/R/1992593/733395.pdf



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Source: SEB via GlobeNewswire
[HUG#1992593]

 
  

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