Weekly Market Outlook April 23, 2017
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Our core indicators hardly change. This indicates that market participants are waiting for a direction. Investors’ risk appetite is still high, although we have identified complacency for some time now.
The coming week, it is mainly about the French elections and the tax plan of U.S. President Donald Trump. Interestingly, the Fed is stepping on the brake and wanting to stimulate Trump fiscally. It is, therefore, questionable whether Trump can guide his ideas through the U.S. Congress.
This material is communicated on April 23, 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.
