Carlsquare weekly market letter: Oil and inflation stir emotions
9 aug 2023
Read the weekly market letter here:
Carlsquare weekly market letter
- Rising inflation and oil prices are stirring the market. All eyes are on this week’s US CPI and PPI (inflation figures).
- An expected slowdown in September-October may create a buying opportunity.
- Earnings season is strong again, with 79% of S&P500 companies reporting better-than-expected earnings.
- The chart below shows the close relationship between US interest rates and the price of oil.
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