sweden houlsehold

sweden households

Sweden: Household Leverage,Krona Damage?

Household debt another reason to prefer SEK shorts In September we argued that the krona should weaken due to strong and persistent disinflationary pressures imported from abroad. Another factor that probably does not get the attention it deserves is the leverage of Swedis  households. In the medium to long term, we think this will keep the krona under pressure. The Riksbank will have to tread carefully, even in a strong…