My name is Steen and I'm the Head of Global Research for Nordea - overseeing all the research Nordea creates about the global markets.
I've previously been a money manager for a number of years in Luxembourg and worked as an economist and a strategist in both the Scandinavian and European markets. I have a B.Sc. and a M.Sc. in economics from the University of Copenhagen and I'm a CFA Charterholder.
I'm married, have one child, two dogs, love to read (mostly history), have just signed up to compete in my first bike race this summer (my wife thinks I need it ;-) ) and have a broad taste in music from Mozart to Metallica.
Another European election where the dissatisfied voters flocked to a character who wants to change everything but have no real idea as what to put in its place. This is a worrying sign.
The one thing that seems clear after the Italian election is that nothing is clear at all and uncertainty will linger on. As Bersani put it: Italy is in "a very delicate situation."
Financial markets are off to an impressive start to 2013. While we are still looking for fairly slow growth in Europe we recommend staying long risk. Read also what we like and do not like in Scandinavian financial markets and why we like Swedish government bonds, Danish mortgage bonds and think financials might do well.