I am no economist nor work in sales so my opinion is worthless, but it’s both waiting to see where this AI nonsense leads us, the stock market being an absolute shitshow solely propped up by this AI nonsense while the rest of Europe is in a phase of stagflation, the geopolitical situation at home and with our crazy partner, plus companies readjusting after the end of ZIRP.

Fair to say investments and new projects are a bit harder to come by.