Weekly Market Outlook March 5, 2017
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – During the State of the Union, President Trump acted unexpectedly neat. Additionally, the IPO of Snap Inc. (Snapchat) translated the unbridled optimism among investors. That interest rates in the U.S. are on the eve of an upward trend did not spoil the fun. Our main indicators showed an unchanged picture, where a consolidation seems obvious.
Next week, investors again have a full agenda. They will mainly focus their attention on the interest rate decision by the European Central Bank and on the U.S. jobs data.
This material is communicated on March 5, 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.
