Weekly Market Outlook March 11, 2018
“Investing is where you find a few great companies and then sit on your ass.”
– Charlie Munger
Pfäffikon SZ, Switzerland – In recent weeks, equity investors have been bombarded with many doom scenarios; it seems too early for this. Almost all our core indicators have improved and are now in the green range. This does not alter the fact that investors find themselves in an exceptional (overvalued) historical era in terms of valuations.
Investors will mainly watch and listen to the threatening economic language of President Trump in the coming week. Whether it will come to that is still the question. Much of what Trump says the US can not afford economically and is factually incorrect on many points. Nonetheless, investors seem to be able to prepare for a quiet trading week.
This material is communicated on March 11, 2018 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.
