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[ Fri, Jan 24th 2025 ]: Fortune
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[ Thu, Jan 23rd 2025 ]: Forbes
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Norway wealth fund CEO in Davos: US inflationary pressure a risk to markets

The CEO of Norway's $1.6 trillion sovereign wealth fund, Nicolai Tangen, expressed concerns about the U.S. economy during the World Economic Forum in Davos, highlighting that persistent inflationary pressures in the U.S. pose a significant risk to global financial markets. Tangen noted that despite expectations of a soft economic landing, the U.S. economy's resilience could lead to prolonged high interest rates, which might not be beneficial for markets. He also mentioned that the fund, which invests in over 8,500 companies worldwide, is cautious about the potential for inflation to remain high, impacting investment strategies and market stability. Additionally, Tangen discussed the fund's approach to managing its vast assets, emphasizing the importance of adapting to economic changes and geopolitical risks.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/norway-wealth-fund-ceo-in-davos-us-inflationary-pressure-a-risk-to-markets/ar-AA1xIViE ]