Weekly Market Outlook March 29, 2015
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – After a volatile trading week, the U.S. stock investors are back to square one this year. Europe also took a step back, despite the fact that many investors are not concerned with recent gains. The flow of funds from the U.S. to Europe seems to be a no-brainer in a market that is supported by central bankers who have no emergency exit standby.
A recession, particularly in the U.S., seems far away but will sooner or later strike harder than usual because the central bankers’ toolbox is empty. It is also worthy to note that investors in biotech are becoming somewhat nervous.
Next week, the markets will be in a holiday mood due to Easter. In addition, end of the first quarter will also have its effect, and realized results will be defended in particular in Europe.
This material is communicated on March 29, 2015 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.
