Weekly Market Outlook January 31, 2016
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Last Friday, the S&P 500’s negative pad was left by 39% more strength than on average. It is striking how quickly the mind of investors changes on, e.g., interest rate increases by the Fed in 2016. At first, four rate hikes were expected, now only one or even none. Lack of clarity makes investors nervous. We continue to think that the sellers of the past few months might be the losers of 2016 and 2017. This does not mean that the market will continue to be choppy for the time being as investors judge harshly fueled by emotions.
Besides the company’s figures, the primary focus will be on the American job market the coming week.
This material is communicated on January 31, 2016 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.
