Weekly Market Outlook June 22, 2014
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – In October 2013, we expressed the expectation that the world should take into account a rising inflation in the U.S.. Indeed, the Fed always gets her way. Very slowly, the first outlines of a rebounding inflation in the U.S. are becoming visible. As time goes on, there will be a discussion about the interest rate increase in the U.S.. This will probably not go that fast because the economic recovery in the U.S. is still very fragile.
However, we note that this recovery is increasingly moving from Wall Street to Main Street. Precisely next week, the figure for the so-called personal consumption expenditures in the U.S. will be published. And exactly this figure is an important measure of the Fed. Furthermore, it promises to be – despite a full agenda – a reasonable, calm week; the wait is on the second quarter results of companies.
This material is communicated on June 22, 2014 by Thirteen Asset Management AG, Rietbrunnen 20, 8808 Pfäffikon SZ, Switzerland. This material is for information purposes only and is not intended to be a solicitation or invitation to invest. Any organizations or products described in this material are mentioned for reference purposes only. This material is intended only for investment professionals and professional clients and must not be relied upon by any other person. It is proprietary information of Thirteen Asset Management AG and may not be reproduced of otherwise disseminated in whole of in part without prior consent from Thirteen Asset Management AG. Alternative investments can involve significant risks and the value of an investment may go down as well as up. There is no guarantee of trading performance and past or projected performance is not a reliable indicator of future performance. We recommend to consult your bank, investment and/of tax adviser.
