Weekly Market Outlook December 27, 2015

Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Since 2003, the S&P 500 closed lower in only one calendar year. It could happen again this year. 2015 was a stock market year with relatively high volatility; many investors hate volatility. However, volatility poses no risk unless you are carried away with advice or strategy based on volatility.

Compared to last week, little has changed. In the coming week, many gurus will make predictions for 2016. It is our philosophy that forecasts have no value; it is all about good positioning, at an acceptable price.


This material is communicated on December 27, 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.