Weekly Market Outlook June 24, 2018
“If you are born poor it’s not your mistake, but if you die poor it’s your mistake.” – Bill Gates
Pfäffikon SZ, Switzerland – The Dow Jones lost the last eight days in a row, which has not happened in 40 years. The chart of the MSCI index also looks anxious. Should investors worry now? Not really; the underlying economy is still running correctly. It is striking that the smaller companies worldwide are recording new all-time highs.
This is not an environment for the start of a new bear market. Additionally, the threat of a trade war is just only saber-rattling. After all, the trade war is not yet a fact, and it seems more like smoke than fire.
The coming week is mainly about the figures of the American and German economies.
This material is communicated on June 24, 2018 by 1324 | 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 1324 | by Thirteen Asset Management AG and may not be reproduced or otherwise disseminated in whole or in part without prior consent from 1324 | by 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.
