Weekly Market Outlook March 19, 2017
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – A bull market arises from pessimism and continues to grow on restraint; eventually, a bull market dies due to euphoria. A week ago, among investment advisors, the bullish sentiment tapped its highest level in 30 years year (Source: Investor’s Intelligence). Additionally, consumer confidence is at the highest level in 16 years. In 1987 and 2000, exactly the same pattern was shown. As of today, the sky is blue for investors.
The coming week, the stock market is mainly determined by new macroeconomic figures. The corporate calendar is almost empty.
This material is communicated on March 19, 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.
