SWDBY - Sweden's Stock Market: Little Case For Growth
Back in 2015, I argued that Sweden's stock market was significantly overvalued and that rising property prices had threatened to create a significant bubble and potential overheating of the Swedish economy as a whole.
Three years on, how is Sweden doing in this regard?
Firstly, we see that stock market growth in Sweden has significantly lagged behind that of Germany, where the OMX S30 has risen by just over 9% compared to Germany's 32%.
Over the past three years, we see that the OMX S30 has risen/fallen to a price of 1579.45 at the time