Weekly Market Outlook June 7, 2015
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Denial is how the current market situation can best be described. Disappointing operating results, a skyrocketing debt margin, strong valuations, a narrow trading range; it all seems not to matter. There would be no alternative to equities, which, of course, is a fallacy. And we have not even mentioned the indecisive messing around Greece.
The coming week, it is, in particular, about figures on the Chinese economy, where the decoupling between economic reality and the market prices has been going on for some time. But the U.S. retail figures are a concern, as well.
This material is communicated on June 7, 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.
