Weekly Market Outlook August 21, 2016
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Optimism continues to flourish on the stock markets. However, we already wonder for some time whether this optimism is justified by fundamentals. Extreme confidence can be punished hard. It is striking that more and more prominent investors call into question the current market conditions. An ultimate breakdown (or multiple breakdowns) from the current financial environment is likely to be surprising, sudden, intense and great, says one of them.
The coming week, investor’s eyes will be again on the Fed. The past week, the Fed indeed caused uncertainty among investors. Additionally, our focus is on, particularly the U.S. macro data.
This material is communicated on August 21, 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.june
