Eirik Winter, head of BNP Paribas Nordics, has signaled that the artificial intelligence theme remains the primary driver of market sentiment, overshadowing other economic narratives.
In an interview with Dagens Industri, Winter described financial markets as "constructive" despite ongoing geopolitical turbulence, suggesting that investor appetite for risk remains intact.
Winter projects that the second half of 2026 will perform at least as well as the first, driven by the continued momentum in AI-related equities.
His assessment comes as global markets navigate a complex environment where technological innovation competes with macroeconomic uncertainty and geopolitical friction.
The bank executive’s outlook aligns with broader observations that AI exposure is becoming increasingly concentrated in global equity portfolios.
Recent analysis indicates that this concentration is particularly pronounced outside the United States, where investors are heavily weighting tech-heavy indices.