Weekly Market Outlook November 27, 2016
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Investors are in a good mood, fair valuations are put aside for quite some time. The coming week will be in particular about the referendum on the power of the Senate in Italy. At the same time, Austria is organizing presidential elections. In Austria, the Freiheitliche Partei Österreichs (FPÖ) can win the presidential election. For the first time since the end of World War II, the extreme right could come to power in Austria. No one seems interested in the probability of the EU falling apart. The quality of the current upward trend raises many questions in spite of the Trump effect.
Meanwhile, the earnings season is slowly ending.
This material is communicated on November 27, 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.
