Weekly Market Outlook November 1, 2015
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Again, our indicators have improved compared to last week. A further recovery is obvious even though there may be a temporarily limited consolidation in the S&P 500. The worries about a hard landing of the Chinese economy are rightly fading into the background.
The coming week: It is again about the business figures. Additionally, our focus is on the U.S. payroll report for October. This will give more insight into a possible rate hike in the U.S. However, do not forget that the Fed will also take into account the ECB’s possible additional quantitative easing in early December.
This material is communicated on November 1, 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.
