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  1. It’s the carry, stupid

    Norwegian interest rates are not really that high. Not if we make the comparison that Norges Bank needs to make.

  2. The soft landing conundrum

    Puzzled that economic growth holds up so well despite the massive interest hikes? We may all be wrong about interest rates.

  3. Counting all-time highs

    Outdated stock market indices underestimate the frequency of all-time highs – and of course the long-term returns.

  4. … a hundredfold now in this time …

    After little more than 40 years of modern stock indices, the Norwegian stock market has increased investors’ wealth by a factor of more than 100 – and passed what was once considered a fantasy level.

  5. Geographically challenged

    Geographical exposure is easily misunderstood. Like the idea that domicile matters.

  6. Getting paid for having lunch

    The evidence before us now is incontrovertible: In the Norwegian stock market, you’ve been lavishly rewarded for avoiding risk.

  7. The liquidity machine

    Despite record-high equity issuance in the US, net issuance is negative – after buybacks and cash acquisitions. And then there’s dividends.

  8. Prozac Market

    Does it hurt when the stock market falls? Bad enough to make you pop Prozac? Well, you are definitely not alone.

  9. Risk-free risk

    The risk-free rate of return is the return on a very risky investment.