Market Reflections

After last year’s historically bad development in global financial markets, 2023 has so far shown itself to be a year in which some trends of the previous year, such as the ongoing increases in central bank interest rates, will continue, but other trends are already reversing strongly: For example, technology stocks are again among the winners of the new year. The Nasdaq 100 Index, which contains many well-known technology stocks, is already up almost 20 % and can make up for a large part of the losses of 2022.