Weekly Market Outlook December 15, 2013
Weekly Market Outlook:
Pfäffikon SZ – The last full trading week of the year is once again dominated by tapering. We believe that the markets will slowly overcome the fear of tapering. We do not exclude that this will bring quietness to the markets. Investors will focus more on the economy, which increasingly recovers. Ultimately, this will be good for equities in general. The volatility may be significantly this week due to the low volume. On balance, we think more upward than downward.
This material is communicated on December 15, 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.
