Hatlebrekke is one of Norway’s top finance and share analysts, and one of keeping a close eye on the salmon industry.
On Tuesday former Marine Harvest CEO Atle Eide wrote in IntraFish.no that it wouldn’t be the smartest move for salmon producers to grow just now, while stock exchanges tumbled and banks collapsed. Eide fears demand for salmon will decline in tempo with consumers having less money to spend.
Hatlebrekke agrees.
“The financial world has screamed to a halt,” he said. “This crisis is spreading like the plague.