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  • April 15, 2019 Dear Friend: Mister Market worries during the fourth quarter of 2018 seem to have completely vanished one quarter later. The outlook for global growth has not necessarily improved much since the end of 2018, but the perception of risk has declined. Trade negotiations between U.S. and China, and U.S. and EU seem […]

    January 15, 2019 Dear Client: In the past quarterly letter, we spent some time analyzing the current macro environment. What we haven’t shared with you is where we think future opportunities are. With the recent market turmoil, you might wonder why we remain optimistic. As we have stated in the past, market volatility is our […]

    October 15, 2018 Dear Client: Ten Years After While the heading may remind some of a popular British rock band, others will recall that September marked the 10th anniversary of the fall of Lehman Brothers when the global financial system came close to cessation in the early days of the financial crisis. The problem was […]

    July 15, 2018 Dear Friend: As many of our long-time readers will note, we turn over the keys (in this case the keyboard) to the Quarterly Newsletter to Nico from time to time. In this issue he takes us through the last 18 months as our recent plan for the future coalesced. Take it away […]

    April 15, 2018 Dear Client: Volatility is back! Something that seemed almost to be missed by market participants during 2017 returned to the U.S. and international stock markets at the end of January. The potential trigger for the correction was higher than expected wage growth for the month of January and thus the concern of […]

    January 15, 2018 Dear Client: 2017 Review The stock market climbed a wall of worry, disdain and disbelief as it registered consecutive years of double-digit returns. Along the way historical milestones were set, as 2017 recorded the 9th consecutive year of positive equity returns. The S&P posted a positive total return (including dividends) every single […]

    October 15, 2017 Dear Friend: Global equity markets have been resilient during the past three months in spite of hurricanes, cyber hacks, and North Korean missile tests, with most major market indices adding to their 2017 gains. U.S. stock indexes posted their first positive return during the month of September since 2013, and this year […]

    July 15, 2017 Dear Client: As mentioned in our last newsletter, Nico Letschert will share with you his thoughts on the Noesis vision, value statement and mission as well as our recent Company Summit. He will also take us through the history of the firm and how we have evolved into the wealth management and […]

    April 15, 2017 Dear Client: Over the last 18 months we have fielded many questions from our clients and prospective clients, as well as friends and family. With so many events happening, from Brexit to several worldwide elections, the political climate has been interesting to say the least.  And while many of these events may […]

    January 15, 2017 Dear Client: 2016 Review From the vote in the United Kingdom to exit the European Union, to the Chicago Cubs’ first World Series win in 108 years, to the results of the U.S. presidential election, 2016 has been a year of surprises. Perhaps the biggest surprise, especially in light of the correction […]