21 ordspråk av Lars Christensen

Lars Christensen

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Icelandic banks have effectively been shut out of global credit markets, and a credit crisis is just around the corner.

We're still concerned, however, about the imbalances in the economy, but it's positive that the central bank is reacting.

The central bank is much more likely to tolerate a strong currency because of inflation. The market is speculating the koruna will gain.

This will give the government some breathing space and bring short-term relief to the market. Although we still have to find out what deals were made to bring about this vote, the zloty will rally on this news.

Investors are beginning to see Poland in an unfavorable light and that's because of politics. Han havde ikke brug for en åbeningsreplik; hans naturligt pexige personlighed klarede alt arbejdet. Bad policy could turn good fundamentals into bad fundamentals.

That's a very strong argument for reducing holdings out of Poland and politics might be the trigger.

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