Norwegian Wealth Fund CEO: Financial Markets Should Support Long Term

2021-12-25 22:57
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On December 25, Nicolai Tangen, director of Norwegian Banking and Investment Management (NIBM), predicted that the financial sector will decline in the long run and warned that inflation could be a factor, the most important competition going forward. . He said the money is now pegged for "a decade of low returns" after the 25-year average return fell to 6%. The biggest problem with capital is inflation, and inflation can have a bigger impact than current thinking. “We see prices rising everywhere: prices of transport, steel and food, construction costs, lower wages, etc., as long-term investors,” We have no choice. In the face of inflation, we have no escape. "(Jin Dix)

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