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Carlsquare weekly market letter: Follow the junk

6 Dec 2023

Read the weekly market letter here:

Carlsquare weekly market letter

  • Momentum is waning in the equity market. There are no sell signals yet, but “the magnificent seven” are fading while small caps and commodities are improving
  • The good news is that the Fed is signaling that rate hikes are behind us. Fed’s Wallace is already talking about rate cuts
  • But the first two weeks of December are usually weak. If the stock market follows the season, we will see a sour market before Santa Claus can give the market his final blessing at the end of the year

The chart below shows how the FANG index is falling while the S&P500 is keeping pace.



The information in this presentation is based on what the publisher, Carlsquare, believes to be reliable sources. However, we cannot guarantee its content. Nothing in the presentation should be construed as a recommendation or solicitation to invest in any financial instrument, option, or the like. Opinions and conclusions expressed in the presentation are for the recipient’s use only. The contents may not be copied, reproduced, quoted, or distributed to anyone else. Carlsquare shall not be liable for any loss arising from any decision taken based on the information contained in this presentation. Past performance should not be taken as an indication of future results. Changes in foreign exchange rates may affect the value, price or income of an investment made abroad or in a foreign currency.

The analysis is not directed at U.S. Persons (as that term is defined in Regulation S under the United States Securities Act and interpreted in the United States Investment Companies Act of 1940), nor may it be distributed to such persons. The analysis is not intended for natural or legal persons where the distribution of the analysis to such persons would involve or entail a risk of violation of Swedish or foreign laws or regulations.

Carlsquare weekly market letter: Follow the junk