122. Oxfilé, räntechock och bäst före-hyllan
Summary
Henrik Mittelman and Mellqvist discuss France’s rising bond yields and debt crisis, noting that French rates have surpassed Greek levels. They analyze the impact of Kevin Warsh’s recent Fed rate hike on long-term inflation expectations and the Swedish political landscape, drawing parallels to Belgium’s government formation. The hosts also debate the SBB share buyback proposal and identify top Swedish “oxfilé” companies like Atlas Copco and Assa Abloy. Finally, they address AI market hype, Fortum’s energy deal with Google, and the potential for a September market dip.
Topics discussed
Intro and EFN content promotion
French interest rates exceed Greek levels
France scraps national deposit system, impact on Tomra
Lars Henriksson in Belgium: language and politics
Swedish election results and coalition prospects
Kevin Warsh and US Fed policy shift
Interest rate dynamics and inflation expectations
Is 5% interest rate reasonable?
Seasonal market patterns and credit funds
Riksbanken rate hike and Swedish krona defense
SBB D-share buyback and Ilja Batlian's role
Episurf surge and Fnet Group history
Timbro Högen and corporate naming history
Defining characteristics of fantastic companies
Identifying 'Oxfilé' stocks: Atlas Copco, Assa Abloy, Mycronic
Valuation vs quality: long-term perspective
Listener suggestions and the 'Oxfilé' list
Bonsupport: high risk, high reward mystery
Bonsupport ownership and Erik Selin
Sevian's Essity investment and Scandic Standard
AI bubble, marketing, and market reaction
Google's energy contracts and market consistency
EU truck regulations and Chinese competition
Weekly movers: Embracer, Encon, and Östersund
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