Storbanker election-tax risk into stable Riksbank pathTHInvestmentbolaget Lundbergs' Fredrik Lundberg publicly flags a sector-specific tax on Handelsbanken as "completely wrong" ahead of the Swedish election, layering political/regulatory risk onto a steady Riksbank path with policy rate held at 1.75%; the mechanism is election-cycle targeting of the rate-sensitive bank complex (handelsbanken, seb, swedbank, nordea) on top of an otherwise stable monetary backdrop, while SvD notes European equity gains have been bank-led but warns the run may be short-lived.