Weekly Market Outlook March 28, 2016
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Last week, all of our indicators deteriorated slightly. GDP in the U.S. admittedly increased 1.4% in Q4. However, corporate profits dropped the most in seven years, and that is “bad news”. Investors will probably soon face an “earnings recession”. Additionally, it is important to keep track of the correlation between the Nikkei and the S&P 500.
Next week, our focus will be on the U.S. macro data in particular.
This material is communicated on March 28, 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.
