Weekly Market Outlook June 15, 2014

Weekly Market Outlook:
Pfäffikon SZ, Switzerland – The overall overbought market situation suffers from the recent developments in Iraq. For now, we are not worried, even though it may cause more volatility in the coming week. The focus is again on the central bankers.

In Europe, the impact of the measures taken by the ECB earlier this month will slowly become visible. In the U.S., Janet Yellen of the Federal Reserve has the floor first. Yellen will continue with the reduction of the quantitative easing program. It cannot be excluded that there will arise a debate among investors about an early interest rate increase in the U.S.. The issue of Ukraine seems to have disappeared.


This material is communicated on June 15, 2014 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.