Weekly Market Outlook December 28, 2014

Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Last week, the S&P 500 increased by as much as 1.34%. All of this has been accompanied by a little turnover. Friday, the trading volume was 57% lower with respect to the S&P 500 than the average measured over the past three months.

Next week is a short trading week due to New Year’s Eve. Tuesday, the agenda is reasonably filled with macro data from the U.S., UK, and France. Investors are preparing for 2015; soon, we will write a column about our vision on the coming year. It remains for us to wish you a prosperous New Year. Next year, we will be there again, and we look forward to 2015 with great confidence.


This material is communicated on December 28, 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 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.