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Carlsquare weekly market letter: Will the consumers raise again?

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Carlsquare Weekly Letter 23 Nov 2022 CS



Carlsquare Weekly Market Letter

  • Consumer sentiment is the weak spot for the stock market to revive. Confidence is historically low due to higher interest rates and energy prices. Expectations before the Black Friday buying bonanza are also low. Maybe too low?
  • This week is a light trading week due to Thanksgiving, with a focus on the Fed minutes. We would be surprised if the minutes do not repeat the hawkish mantra from the last Fed release. But any disagreements in the discussion will be of the highest importance
  • It may be time to buy some insurance in the market again as VIX falls below its lower Bollinger band
  • Consumer indices in the S&P500 are doing poorly on the stock market, which is illustrated in the graph below.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         


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: Will the consumers raise again?