Carlsquare weekly market letter: The market is on the run, expecting rates to fall
14 Jun 2023
Read the weekly market letter here:
Carlsquare weekly market letter
- With lower oil prices and inflation, the market anticipates lower interest rates. Tech companies have now lifted the S&P 500 above crucial resistance. The window is open for the market to test all-time highs, but the Fed can still spoil the fun.
- The mighty seven tech stocks continue to lead the market. Among them, we will see a break in the strong uptrends. But until then, enjoy the ride!
- FOMO is back – Fear of Missing Out
- US interest rates are at a breaking point, testing the falling trend line as shown in the graph below.
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