Weekly Market Outlook April 29, 2018

“Bonds as an asset class will always be needed, and not just by insurance companies and pension funds but by aging boomers.” – Bill Gross

Pfäffikon SZ, Switzerland – The focus of investors is increasingly moving towards interest rates. Last Tuesday, the return on the 10-year US Treasury bond broke through the 3% limit for the first time since 2014. All this is not very surprising given the policy of the FED and the improving economy. It does indicate that we are moving very slowly to another period. Bonds are increasingly competing with equities. As a result, some shares are mercilessly punished or even rewarded by the market gods.

The next week, it will be all about the figures of companies, where Apple will undoubtedly be discussed the most.


This material is communicated on April 29, 2018 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.