Weekly Market Outlook October 16, 2016

Weekly Market Outlook:
Pfäffikon SZ, Switzerland – The risk of a substantial correction has increased further. Many investors find it hard to correctly assess the current era; which is also very complex. It is noteworthy that the “better than expected” results from the financial sector last week, have not translated into higher prices. There was relief among investors, which is significant. We note that YOY the results of the financial sector decreased.

Next week, the focus of investors will be again on the business figures. It will become clear whether the earnings season has had a false start.


This material is communicated on October 16, 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