Weekly Market Outlook December 6, 2015

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Weekly Market Outlook:
Pfäffikon SZ, Switzerland – The market reaction to the move of Mario Draghi was surprising. In particular, European investors reacted furiously, while the message from Draghi just offered many positive economic perspectives. A classic short squeeze in the euro was due. Noteworthy is that our indicators did not budge. The S&P 500 even closed fractionally higher on a weekly basis.

The next week we wondered whether, ultimately, European investors can place the words of Draghi in a better context.

This material is communicated on December 6, 2015 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.