Weekly Market Outlook December 13, 2015
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – With low volumes, several stock markets have become a plaything of speculators and technical analysts. Fundamentally, nothing has changed. Our indicators are, admittedly, under pressure, but for structural adjustment, it is still too early.
Next week, the fate of the market will be held by Janet Yellen, the Fed chairman. We scale the probability of a rate hike in the U.S. higher than the market. This only underlines the strength of the U.S. economy and is undoubtedly a positive signal. Sooner or later, this will also be reflected in the global markets.
This material is communicated on December 13, 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.
