Weekly Market Outlook July 1, 2018

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“There is a danger of expecting the results of the future to be predicted from the past.” – John Maynard Keynes

Pfäffikon SZ, Switzerland – When we rely on our indicators, the quality of the market fell last week. It is striking that the perception of risk has not increased further. We see weakness in the market without having to worry about it. We will have to wait and see if investors will become anxious, but given the economic figures, that chance seems limited. This does not alter the fact that the volatility may increase for a period of a few months.

The coming week is mainly about the American job figures.

This material is communicated on July 1, 2018 by 1324 | 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 1324 | by Thirteen Asset Management AG and may not be reproduced or otherwise disseminated in whole or in part without prior consent from 1324 | by 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.