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28-10-2022, 06:33 PM
China gone case sgbutt?
Instead of wasting your time focusing on China and all those doom and gloom fake news on China generated by US & UK - just be more cautious and look over your shoulders - your western masters which you idolised so much are the ones actually facing troubles of huge proportion:
Norway's wealth fund posts third quarterly loss
OSLO, Oct 28 (Reuters) - Norway's $1.15 trillion wealth fund on Friday posted a loss of 449 billion crowns ($43.47 billion) in the third quarter of 2022, its third quarterly loss in a row, hit by rising interest rates, high inflation and war in Ukraine affecting markets.
The world's leading sovereign wealth fund reported a negative return on investment of 4.4% for the July-September period, which was 0.14 percentage points stronger than the return on the fund's benchmark index.
The fund last recorded three negative quarters during the 2008-2009 global financial crisis.
The return was negative for equities, fixed income, and unlisted real estate, deputy CEO Trond Grande of Norges Bank Investment Management, which operates the fund, said in a statement.
https://www.google.com/amp/s/www.nasdaq....loss%3famp
Instead of wasting your time focusing on China and all those doom and gloom fake news on China generated by US & UK - just be more cautious and look over your shoulders - your western masters which you idolised so much are the ones actually facing troubles of huge proportion:
Norway's wealth fund posts third quarterly loss
OSLO, Oct 28 (Reuters) - Norway's $1.15 trillion wealth fund on Friday posted a loss of 449 billion crowns ($43.47 billion) in the third quarter of 2022, its third quarterly loss in a row, hit by rising interest rates, high inflation and war in Ukraine affecting markets.
The world's leading sovereign wealth fund reported a negative return on investment of 4.4% for the July-September period, which was 0.14 percentage points stronger than the return on the fund's benchmark index.
The fund last recorded three negative quarters during the 2008-2009 global financial crisis.
The return was negative for equities, fixed income, and unlisted real estate, deputy CEO Trond Grande of Norges Bank Investment Management, which operates the fund, said in a statement.
https://www.google.com/amp/s/www.nasdaq....loss%3famp
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