Weekly Market Outlook April 1, 2018
“Wide diversification is only required when investors do not understand what they are doing.” – Warren Buffett
Pfäffikon SZ, Switzerland – Rising interest rates, rising inflation expectations, protectionist policies and political uncertainties in Italy and the United States mean that the stock markets have been under constant pressure since the start of 2018. Nevertheless, we think that we are dealing with a sentimentally driven stock market. This does not alter the fact that the stock market is extremely expensive. For now, there seems to be no question of the substantial correction we have in mind, as investors are expertly guided by simple valuation criteria.
In the coming week, investors face a shortened but certainly not less exciting trading week.
This material is communicated on April 1, 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.
