Weekly Market Outlook August 20, 2017
Pfäffikon SZ, Switzerland – By investors, the Trump phenomenon is increasingly seen as a smoldering peat fire. Additionally, Barcelona played a role in investors’ peace of mind. Our indicators were damaging, but this does not translate into a final selling signal. It seems that the market is dealing with a dip rather than the formation of a final top. First if our (market risk) indicators issue an aggressive (selling) signal, it is time to worry.
The next week is about central bankers. Fed Chairman Janet Yellen is the center point at the Jackson Hole, the 24-28 August meeting in the US. But also ECB President Draghi will hold a speech that will be weighed on a gold scale.
This material is communicated on August 20, 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.
