Weekly Market Outlook March 13, 2016

Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Mr. Draghi of the ECB holds the current bull market alive. However, there are more and more investors and policy makers who question his policies. That the market still rolls over after the recent rebound is not excluded. In 2007, 2008 and 2011, we saw similar patterns in preparation for the actual correction. The second largest U.S. pension fund (CalSTRS: $191 billion AUM) considers to structurally shift away from stocks and bonds. This confirms our idea that institutional money is not part of the current increase.

The next week will be about the other central banker, Janet Yellen of the Fed.


This material is communicated on March 13, 2016 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.