Weekly Market Outlook January 29, 2017
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – As expected, President Trump started quickly. He seems to want to address straight away the image that an American President is merely a puppet in office. In any event; Investors still feast on his plans and pushed the Dow Jones index above 20,000 points for the first time, even though the quality of the upward movement is poor.
Next week, Trump again will require attention and cause more despair in the political arena. California is a good example here. Meanwhile, investors can chew their teeth on many business figures. Additionally, major U.S. macro news is on the agenda.
This material is communicated on January 29, 2017 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.
