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Economist advises Swedish savers amid market volatility

Economy & businessEconomy
Key Points
  • Shoka Åhrman advises Swedish small savers against hasty decisions during market swings.
  • The Iran war and a global energy crisis have reportedly caused recent market volatility.
  • Åhrman suggests economic effects may stem from expectations of prolonged conflict.

An economist has advised Swedish small savers not to make hasty decisions but also not to sit too still in the boat as the stock market swings back and forth. Shoka Åhrman, a savings economist at SPP Pension and Försäkring, reportedly said that not acting during the most red days is good to keep in mind. According to reports, the Iran war, including a resulting global energy crisis, has caused world markets to tremble again, with crashes and red numbers primarily characterizing recent weeks.

Åhrman stated that the current situation involves pricing and economic effects that may account for a continued conflict and thus long-term consequences for the economy.

not acting during the most red days is good to keep in mind

Shoka Åhrman, savings economist at SPP Pension and Försäkring

the current situation involves pricing and economic effects that may account for a continued conflict and thus long-term consequences for the economy

Shoka Åhrman, savings economist at SPP Pension and Försäkring

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