Norway OSEAX - Is The Growth Sustainable?

By On June 23, 2018

Norway OSEAX - Is The Growth Sustainable?

Summary

Norway's OSEAX index has seen significant growth in price terms.

However, this has not been accompanied by GDP growth and appears to be due to rising oil prices.

However, oil prices themselves have risen by a larger margin than the OSEAX.

In my view, the growth we are seeing in the OSEAX index is unsustainable.

Source: Google News Norway | Netizen 24 Norway

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