{"id":4463,"date":"2026-01-02T17:45:53","date_gmt":"2026-01-02T16:45:53","guid":{"rendered":"https:\/\/crescit.se\/?p=4463"},"modified":"2026-01-21T14:31:43","modified_gmt":"2026-01-21T13:31:43","slug":"makrobrev-for-december-2025","status":"publish","type":"post","link":"https:\/\/crescit.se\/en\/makrobrev-for-december-2025\/","title":{"rendered":"Monthly Commentary December 2025"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"4463\" class=\"elementor elementor-4463\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-77a15273 e-flex e-con-boxed e-con e-parent\" data-id=\"77a15273\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6b30ac67 elementor-widget elementor-widget-text-editor\" data-id=\"6b30ac67\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>December was an intense end to the year, with markets marked by both hope and caution. The central banks&#039; last interest rate announcements for the year, continued geopolitical uncertainty and positioning ahead of the year-end created clear movements in several asset classes. Developments differed clearly between regions: the S&amp;P 500 was largely unchanged during the month, while the European STOXX 50 and the Stockholm Stock Exchange rose by a few percentage points. Overall, December was a month where active risk management remained crucial for navigating the market situation. Crescit returned +0.18 % and is thus up +8.35 % this year. Protect had a return of +0.40 %, which gives +11.44 % in 2025.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:file {\"id\":3847,\"href\":\"https:\/\/crescit.se\/wp-content\/uploads\/2026\/01\/Manadsbrev-December-2025-hela-brevet.pdf\"?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8I0do_C3vu_RJllrecZLUgUalqaNy8H1BAV2O-ZD-jrGtmgmeH09y6ebvZbelCLqDUeLfu\",\"displayPreview\":true} --><\/p>\n<div><object style=\"width: 100%; height: 600px;\" data=\"https:\/\/crescit.se\/wp-content\/uploads\/2026\/01\/Manadsbrev-December-2025-hela-brevet.pdf\" width=\"300\" height=\"150\" aria-label=\"Monthly Newsletter July 2025\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\"><\/span><\/object><\/div>\n<p><!-- \/wp:file --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-36d1e96 e-flex e-con-boxed e-con e-parent\" data-id=\"36d1e96\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>December blev en intensiv avslutning p\u00e5 \u00e5ret d\u00e4r marknaderna pr\u00e4glades av b\u00e5de f\u00f6rhoppningar och f\u00f6rsiktighet. Centralbankernas sista r\u00e4ntebesked f\u00f6r \u00e5ret, fortsatt geopolitisk os\u00e4kerhet och positionering inf\u00f6r \u00e5rsskiftet skapade tydliga r\u00f6relser i flera tillg\u00e5ngsslag. Utvecklingen skilde sig tydligt mellan regioner: S&amp;P 500 var i stort sett of\u00f6r\u00e4ndrat under m\u00e5naden, medan europeiska STOXX 50 och Stockholmsb\u00f6rsen steg [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":4465,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-4463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nyheter"],"acf":[],"_links":{"self":[{"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/posts\/4463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/comments?post=4463"}],"version-history":[{"count":0,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/posts\/4463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/media\/4465"}],"wp:attachment":[{"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/media?parent=4463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/categories?post=4463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/tags?post=4463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}