Weekly Market Outlook March 25, 2018

“I buy when other people are selling.” – Jean Paul Getty

Pfäffikon SZ, Switzerland – Free trade and market liberalization just do not have the power they used to have. Investors have noticed that something has changed fundamentally, but do not yet fully understand the turnaround. When we look at the so-called recession indicators, there is not much going on. The critical question is, therefore, whether we are dealing with merely a sentimentally driven stock market. The technical line-drawers are almost sounding the alarm bells, but this approach is too simple of mind.

The next week is undoubtedly about the trade barriers President Trump has in mind. To us, it sounds like a second-hand car trade between the most important economic power blocks in the world.


This material is communicated on March 25, 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.