Norges Bank Investment Fund's Nicolai Tangen says this year 'has been surprisingly not terrible'

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Norges Bank Investment Fund's Nicolai Tangen says this year 'has been surprisingly not terrible'

//travel-leisure.news-articles.net/content/2025/ .. his-year-has-been-surprisingly-not-terrible.html

Published in Travel and Leisure on Thursday, May 1st 2025 at 6:06 GMT by Fortune

Also: Tesla denies directors considered life after Musk, Trump admits there may be a toy shortage at Christmas.

Nicolai Tangen, the head of Norges Bank Investment Management, which manages Norway's $1.6 trillion sovereign wealth fund, expressed a cautiously optimistic view on the global economy during a recent interview. Despite ongoing geopolitical tensions and economic uncertainties, Tangen noted that the situation is "surprisingly not terrible," highlighting that inflation is cooling and employment remains strong in many regions. He emphasized the importance of vigilance, particularly regarding potential risks such as persistent inflation and geopolitical conflicts, but also pointed out positive developments like technological advancements and the resilience of global markets. Tangen's balanced perspective underscores the complex interplay of factors influencing the global economic landscape.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/01/norges-bank-nicolai-tangen-surprisingly-not-terrible/ ]

Publication Contributing Sources

Fortune

N@N

Norges Bank Investment Fund's Nicolai Tangen says this year 'has been surprisingly not terrible'