The spring has been marked by crises – banks that collapsed and real estate companies that have had problems with the new interest rates. Swedish companies have also made unexpectedly large profits during the spring.
Compared with both the 90s crisis and the financial crash of 2008, both the banking system and the labour market look better equipped, according to Kristin Magnusson Bernard. "I see a brighter future now than I did three months ago," she tells Ekonomibyrån. The winter's warnings of a deeper recession also seem to be failing right now.