Weekly Market Outlook July 4, 2016

Weekly Market Outlook:
Pfäffikon SZ, Switzerland – The Brexit has confused investors. The financial markets are increasingly disconnected from the global economy’s real condition. We identify more and more red flags regarding overvalued equity markets, particularly in the U.S. and we are not alone. The similarities with the period 2007/2008 qua dates is in many cases remarkable.

In the shortened U.S. trading week, we turn our attention in particular on the U.S. jobs figure.


This material is communicated on July 4, 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.june