Stock price volatility at an all-time low
In July, a positive mood prevailed in the stock markets on average, as companies reported their Q2 earnings. In the US, an average earnings growth rate of +10% was seen, with many companies beating market forecasts. In both Europe and Finland, earnings growth has been slightly more moderate in relation to expectations, and in particular companies falling short of earnings forecasts has led to a decline in the prices of individual stocks.
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