Weekly Market Outlook November 10, 2013

Weekly Market Outlook:
Pfäffikon SZ – The unexpected interest rate intervention of the ECB announced last Thursday, will ensure that the Euro zone will be more in the spotlights coming week. The figure on the economic growth will be announced, and also the political conference in China will be on the agenda. The predominantly favorable expired earnings season is slowly coming to an end. In the U.S., the debate about tapering will flare up again as the US economy increasingly recovers. On balance, we feel this is a positive development, which can build a foundation for 2014. The question is whether investors will receive good news finally as positive, and or the fear of tapering will fade into the background.


This material is communicated on November 10, 2013 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 of otherwise disseminated in whole of 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.