Weekly Market Outlook August 26, 2018

“It amazes me how people are often more willing to act based on little or no data than to use data that is a challenge to assemble.” – Robert J. Shiller

Pfäffikon SZ, Switzerland – Our indicators still point to a certain degree of consolidation, but that was not the case last week. In general, the economy is mainly good, but not perfect. Unemployment figures are at a low level. Interest and inflation are still low. The problem, however, is the housing market. At present, the housing market –and its underlying debts– is no problem. Nevertheless, there are signs that the housing market (again) can cause unpleasant surprises. For now, only a point of attention and no reason for direct care.

Based on the agenda, the coming week seems to be quiet for investors. Sentiment can then quickly get in the way.


This material is communicated on August 26, 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.