Weekly Market Outlook July 20, 2014
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – This week, global equity markets will probably deal with increasing uncertainty due to the political consequences of the plane crash in Ukraine and the ground war in the Gaza Strip. Investors’ confidence in good quarterly figures is put to the test this week. After a quiet trading period of several months, the volatility has recently increased significantly. This indicates that the bulls and bears are becoming restless.
Meanwhile, some of our indicators are now giving an alarming signal. What is remarkable is that fewer and fewer funds participate in the upward market movement. The increasing geopolitical tensions and re-emerging banking crisis in Europe can be a catalyst for a correction in the equity markets.
This material is communicated on July 20, 2014 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 of otherwise disseminated in whole of 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.
