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Carlsquare weekly market letter: Time to go fishing

Read the weekly market letter here:

Carlsquare Weekly market letter

  • It is central bank week with the Fed today and the ECB tomorrow. The Fed is expected to raise its policy rate by 0.25%, but will it hint at a March hold? We don’t expect it, but it would boost the upside
  • The Q4 earnings season is still on the soft side. But the equity market is still trending higher, as we expected. However, the skew index in the futures market suggests that it is mainly fast money driving the trend. Please trade close to the exit door!
  • Since we are a little bit in the hands of the central banks, it is better to take the day off today and go fishing (or read a book) instead
  • According to the Fed’s dot plot graph below, where the governors put their best guesses, rates will continue to rise from 2023 until the autumn of 2024.


The information in this presentation is based on what the publisher Carlsquare deems to be reliable sources. However, we cannot guarantee its content. Nothing written 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 intended for the recipient only. The content may not be copied, reproduced, quoted, or distributed to any other person. Carlsquare shall not be liable for any losses whatsoever caused by decisions made based on information contained in this presentation. Historical returns should not be taken as an indication of future returns. Changes in foreign currency may affect the value, price, or yield 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 disseminated 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: Time to go fishing