Weekly Market Outlook September 18, 2016
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Again, the U.S. retail sales were disappointing last week. Investors focus on the upcoming interest rate decision of the Fed. However, whether the Fed raises interest rates or not, the current market environment outputs dangerous signals. The 0% interest rate policy of the Fed has created an artificial bubble in the markets. Additionally, the policies of central banks worldwide have not contributed in any way to sustainable growth.
For investors, the coming week will be about the Fed’s upcoming interest rate decision.
This material is communicated on September 18, 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
