Weekly Market Outlook January 8, 2017

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Weekly Market Outlook:
Pfäffikon SZ, Switzerland – 2016 was another year of whipsaws and choppy trading. 2017 seems to have started promising, however, the underlying quality of the market has been disappointing. Many investors do not seem to be bothered by this fact. They only have an eye for the positive effects of the policy of the US President-Elect Trump, while the negative effects will become visible much faster.

Next week, the focus will be on Trump and US retail sales figures. Additionally, the company earnings season is starting slowly.

This material is communicated on January 8, 2017 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.