{"id":5251,"date":"2026-08-03T16:34:34","date_gmt":"2026-08-03T15:34:34","guid":{"rendered":"https:\/\/crescit.se\/?p=5251"},"modified":"2026-08-03T16:36:29","modified_gmt":"2026-08-03T15:36:29","slug":"manadskommentar-juli-2026-2","status":"publish","type":"post","link":"https:\/\/crescit.se\/en\/manadskommentar-juli-2026-2\/","title":{"rendered":"Monthly Commentary July 2026"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"5251\" class=\"elementor elementor-5251\" 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>July was a month when the broad stock market indices barely moved, while a lot was happening below the surface. Semiconductor stocks fell sharply, momentum reversed abruptly, and oil temporarily rose above $100 as unrest in the Middle East returned. Geopolitical risk was taken out via energy prices and interest rates, not via the stock market. On July 29, the Federal Reserve kept interest rates unchanged but stopped giving clear guidance on the next step. In this type of market, measuring risk with broad indices is not enough. We work with a structure that can participate in the rise but with a floor under its feet, and that captures risk even when it is not visible in the index level. During July, the protection remained without having to be used. The goal is to take advantage of the rise without carrying all the downside, and to provide a smoother journey over time.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:file {\"id\":3847,\"href\":\"https:\/\/crescit.se\/wp-content\/uploads\/2026\/07\/Manadsbrev-Juni-2026.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\/08\/Crescit-manadsbrev-juli-2026.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><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>Juli blev en m\u00e5nad d\u00e5 de breda b\u00f6rsindexen knappt r\u00f6rde sig, samtidigt som mycket h\u00e4nde under ytan. Halvledaraktier f\u00f6ll kraftigt, momentum v\u00e4nde tv\u00e4rt, och oljan steg tillf\u00e4lligt \u00f6ver 100 dollar n\u00e4r oron i Mellan\u00f6stern \u00e5terkom. Den geopolitiska risken togs ut via energipriset och r\u00e4ntorna, inte via aktiemarknaden. Den 29 juli h\u00f6ll Federal Reserve r\u00e4ntan of\u00f6r\u00e4ndrad [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":5244,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-5251","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\/5251","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=5251"}],"version-history":[{"count":5,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/posts\/5251\/revisions"}],"predecessor-version":[{"id":5258,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/posts\/5251\/revisions\/5258"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/media\/5244"}],"wp:attachment":[{"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/media?parent=5251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/categories?post=5251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/tags?post=5251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}