So 2014 is up and running and it’s back to business as usual at school. Our current course is an introductory course in macro economics which started in the begining of December and during our two week Christmas break from scheduled classes, which in all honesty set me back a bit. It has taken some effort to get back to it again, but nevertheless i feel optimistic about the exam on Friday (13:30 to 19:30 which is a pretty crazy schedule for a Friday! ;-))
We had the presentation of our project in this course earlier this week as well, which went pretty well. Me and and a study buddy of mine were handed the task of analyzing the Swedish government debt from a right wing perspective, and suggest ways of administrating it in the future. Fun and educational for sure (possibly only for aspiring economists though ;-))
The end of 2013 is approaching with leaps and bounds and i don’t think i’m overstating it if i say that from a macro-economic perpective this year has provided plenty a gift for anyone who’s into the western equity markets. The Euro Stoxx 50 is up 20.8% this year while the S&P 500 in the states has bloated by a hefty 30.2% so far. Great numbers by any standard. And top it all off the U.S Federal Reserve (finally) started it’s tapering of asset purchases last week, something that the markets in general reacted to with great festive joy (much suitingly for the time of year!).
The prospects for 2014 in world wide economic terms indeed look promising pretty much all over. I’m not going to make any predicitions about the coming year for myself or anyone else, i’ll settle with the good vibrations that are all over the business pages these days.
Before this year comes to an end however, it’s Christmas celebrations in the books for me starting tomorrow! I wish anyone takes the time read this a very Merry Christmas and a happy new year. May 2014 be prosperous for you and may all your dreams come true!