Weekly Market Outlook May 24, 2015
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – The current bull market is intact, but in the U.S., there has already been a first warning of disruption. Therefore, many investors have postponed initiating new, long positions. Meanwhile, European central bankers are accelerating their monetary stimulus. Serious investors rightly wonder whether current market prices are borne by economic realities.
Next week, the Greek hourglass will be turned once again by the EU. Also, attention will be paid to durable goods orders in the U.S. Due to increased oil prices, a risk exists in Europe that the recent economic recovery will shortly face a sharp blow.
This material is communicated on May 24, 2015 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 or otherwise disseminated in whole or 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.
