Weekly Market Outlook November 17, 2013
Weekly Market Outlook:
Pfäffikon SZ – The word is to politicians and central bankers now the third-quarter figures runs to an end. Monday, the Euro Finance Week begins with speeches of i.a. ECB President Mario Draghi and Bundesbank President Jens Weidmann. Tuesday, U.S. President Barack Obama will visit the so-called CEO Council, a meeting organized by business newspaper the Wall Street Journal. Later in the week, growth forecasts for the world economy will follow, in which investors seek confirmation of a further recovery in Europe and the U.S.. Our estimate is that policymakers will then use soothing words to provide the year-end rally with new impulses.
This material is communicated on November 17, 2013 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 of otherwise disseminated in whole of 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.
