Weekly Market Outlook August 5, 2018
“Everybody talks about tariffs as the first thing. Tariffs are the last thing. Tariffs are part of the negotiation. The real trick is going to be increase American exports. Get rid of some of the tariff and non-tariff barriers to American exports.” – Wilbur Ross
Pfäffikon SZ, Switzerland – Investors will once again focus on the US trade problem after the publication of the company figures. The current fears about trade tariffs are overestimated. Additionally, the political motivation of Trump is overlooked. Due to the widespread attention paid to the levies, this fear becomes ingrained in share prices and both experts and the public are misled. A positive surprise at the stock exchanges is evident when the impact of the so-called trade war appears to be limited.
The coming week will be mainly about the company figures; this can lead to some volatility.
This material is communicated on August 5, 2018 by 1324 | 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 1324 | by Thirteen Asset Management AG and may not be reproduced or otherwise disseminated in whole or in part without prior consent from 1324 | by 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.
