Weekly Market Outlook April 20, 2014

Weekly Market Outlook:
Pfäffikon SZ – The shortened trading week is full of business figures. After the predominantly flat course of stock trading in the first quarter, we expect that the stock market climate will gradually stabilize. Some of our indicators show positive signs again right now. Investors are still reluctant because of Ukraine, but this fear will slowly but surely disappear in the coming months due to the agreement of last Thursday in Geneva.

If the company figures are well received, the confidence that economic growth in the U.S. will continue shall predominate. A possible sharp correction of the equity markets seems to held over until after the summer, but nothing is certain. Needless to say, we remain very alert, because corrections often come as a thief in the night.


This material is communicated on April 20, 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 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.