Carlsquare weekly market letter: Focus on debt again... (Carlsquare)
The market is waiting for the Fed's decision tomorrow. No one expects any surprises. The focus will be on the Fed's projections, which may indicate when the Fed will change its policy. However, we believe something must break before the Fed changes course.
Interest rates have risen from 1% to 4% in just two years, so interest payments have skyrocketed for both governments and households.
The S&P 500 is stuck in a wedge. The breakout will be indicative of the trend to come.
About Carlsquare
Carlsquare is a global research firm and financial advisor, focusing on M&A, Equity
Research and Growth Equity. Carlsquare has 150 employees with deep sector knowledge in all 11
GICS sectors. The senior equity research team has extensive experience about the stock
environment and several business sectors. The team produces company research reports,
independent valuations and trading notes. The group have offices in Berlin, Copenhagen,
Frankfurt, Hamburg, London, Munich, Paris, San Francisco and Stockholm. Read more
Contact
MARKUS AUGUSTSSON
Head of Equity Research
markus.augustsson@carlsquare.com
+46 (0)76 235 03 20
Contacts
MARKUS AUGUSTSSON
Head of Equity Research
markus.augustsson@carlsquare.com
+46 (0)76 235 03 20
NIKLAS ELMHAMMER
Senior Equity Analyst
niklas.elmhammer@carlsquare.com
+46 (0)70 898 39 59