Weekly Market Outlook January 21, 2018
“The trick of successful investors is to sell when they want to, not when they have to.” – Seth Klarman
Pfäffikon SZ, Switzerland – For Investors, there is not a cloud on the horizon. Low inflation and rising earnings are fuel for the flashy start in 2018. Nobody looks at historical valuations, but every investor knows that this fairytale will not stand. Additionally, a total industrial shift is imminent in the coming decades. This will cause significant changes on the trading floor. For the trader with a short glance, our indicators are almost all green.
In the coming week, our attention will go to the explanation of the interest rate decision by ECB chairman Mario Draghi. Furthermore, the company figure season really takes off. Also, investors will be interested in US macro data such as existing-home sales and the GDP report on Q4.
This material is communicated on January 21, 2018 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.
