Söndag 11 Maj | 22:16:05 Europe / Stockholm

Prenumeration

2023-09-20 08:20:00

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.

Read the weekly market letter here