Weekly Market Outlook May 20, 2018
“It is better to be roughly right than precisely wrong.” – John Maynard Keynes
Pfäffikon SZ, Switzerland – Trade conflicts can upset the peace on the stock market. However, for the time being, it is only verbal abuse. The US and China seem to find each other in a solution to their trade dispute. The critical question is whether such an agreement will last long with the fickle Trump at the helm. The old loyal ally of Europe now leaves Trump out of consideration. There is an urgent need that Europe sets its course and evaluates its outdated foreign policy.
The coming week will probably be calm. After all, it is a shortened trading week, and the agenda is barely filled.
This material is communicated on May 20, 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.
