Weekly Market Outlook November 15, 2015
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Eventually, the consolidation we previously announced is still taking place; the S&P 500 lost 3.62% last week. Everything can change; recent developments in Paris are a good example of this. However, we do not characterize the current market situation as the start of a correction as in August.
The earnings season is definitely at an end. Investors in the Netherlands will pay particular attention to the IPO of Abn Amro. Also, the investors’ focus will be on U.S. and European macro data.
This material is communicated on November 15, 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.
