Weekly Market Outlook August 13, 2017
Pfäffikon SZ, Switzerland – Geopolitical tensions increased last week. Nevertheless, the altercation between the US and North Korea seems to become a non-event. Despite the extreme valuations, the stock market, in general, has not been touched in any way. The weakening does not cause fear for the moment. Self-reliance became a part of the investor many years ago.
In the coming week, investors are looking at macroeconomic figures on the Chinese and American economy, additionally to the tension between North Korea and the US. The agenda for business figures is becoming more empty.
This material is communicated on August 13, 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.
