DNBHF - DNB - Excellent First Quarter Weighed Down By COVID-19
I've continued to invest in financial stocks during most of the crisis with relative regularity. The difference is, I've been extremely picky about my financial investments and focused for the most part on non-Scandinavian picks, such as Ameriprise Financial (AMP), Reinsurance Group of America (RGA), Visa (V) and others.
There was one exception to this, however.
The dual trends of a weakening Norwegian crown - NOK - combined with a global pandemic wreaked havoc even in the very conservative Norwegian financial market, and a bank which typically trades at