Weekly Market Outlook January 17, 2016
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Emotional investing takes possession of the global markets. Price trends determine investors’ peace of mind while they lose sight of the fundamentals. Emotional investing is a simple investment strategy in which businesses’ intrinsic value is completely ignored by large numbers of people. From a fundamental point of view, there is no evidence to justify a correction or recession. In addition, we note that the decline in oil prices last week seems impressive in percentage, but in real money it does not mean much; emotion also plays a significant role here.
The coming week is all about business figures. Chinese macro data, in particular, will be studied with a magnifying glass. Our focus will be on the U.S. figures. On Monday, the U.S. stock markets are closed. Below are the Total Real Return Indexes since 1802 (source: www.aaii.com); you can draw your own conclusion.
This material is communicated on January 17, 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.
