Carlsquare weekly market letter: Is SEK at a breakpoint and what does it imply for the stock market?
15 Feb 2023
Read the weekly market letter here:
Carlsquare Weekly market letter
- With a new governor at the helm of Sweden’s Riksbanken, the Swedish krona could break again
- This is good news for Swedish tourists, importers and inflation, but not so good for exporters. From a portfolio perspective, Swedish equities could become more attractive again.
- In the general market, the bulls are still in charge. The VIX has fallen to its lowest level, which means that it offers some downside protection.
- The graph below shows the development of the USD/SEK exchange rate since 1992.
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