Weekly Market Outlook September 10, 2017
Pfäffikon SZ, Switzerland – In the feared month of September, volatility is far away. Nevertheless, the market is on the eve of a significant movement. The discussion about whether or not shares are expensive are getting more and more attention. According to our standards, most shares are screaming expensive; others see no problem and step in. The fact is and remains that central bankers have completely pulled apart the financial ratios. We have come to a stage where investors believe that this is a normal investment environment; Nothing could be further from the truth.
The next week is probably about the swirling hurricanes. The calendars are barely filled beside some standard macro figures.
This material is communicated on September 10, 2017 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.