Weekly Market Outlook February 19, 2017
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – The now canceled takeover/merger troubles between Unilever and Kraft Heinz brought a lot of imagination in the market. The bulls saw their right rewarded and have long been blind to (historical) overvaluation. Despite the fact that different indices are pushed up, the quality of the market remains thin. Stock market price increases proceed gradually, with price falls, investors take the elevator; this seems not to be the case right now, although a consolidation seems upcoming.
For next week, investors look mainly to the company’s figures. In addition, attention is given to the minutes of the Fed regarding a possible interest rate hike. According to many investors, Fed President Yellen should use her momentum.
This material is communicated on February 19, 2017 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.