Weekly Market Outlook June 19, 2016
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Last week, the risks increased on the global markets. The market behavior is very similar to the situation of the summer in 2011. This means that a crash is not obvious, but a rapid deterioration may occur. Preventing a Brexit can provide relief to investors, but this will probably be short-lived.
The coming week will be, of course, about an eventual Brexit and the Spanish elections. Populism seems increasingly to dominate the European political arena.
This material is communicated on June 19, 2016 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.june
