Weekly Market Outlook April 22, 2018
“As an investor my job is to figure out what will happen rather than what should happen.” – David Einhorn
Pfäffikon SZ, Switzerland – The numerical season is imminent, and so far there has been a positive picture. The S&P 500 recovers, but does not test the investors’ complacency. There is still a good chance that the market will move again towards the recent lows. Nevertheless, it does not seem to be the start of a new bear market. On the other hand, it is advisable to take to heart the words of former ECB President Jean-Claude Trichet: “The situation now is more alarming than before the crisis.”
At the stock exchanges, a lot of quarterly earnings will be published in the coming week, while the European Central Bank will also meet on interest rates.
This material is communicated on April 22, 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.
