Sequential Improvement & Unprecedented Stimulus July 16, 2020 Dear Friend: As we write this, there have been close to 12,000,000 confirmed cases of COVID-19 in the world and over 540,000 worldwide deaths due to the virus. Through it all, our commitment to the well being and care of our clients, and our extended Noesis family, has remained resolute. As you know we have .... Continue Reading

Event-Driven Bear Market April 17, 2020 Dear Friend: We are living in extraordinary and unprecedented times. COVID-19 has altered our realities, changed our behaviors, and created new social norms. We very much understand the pain all of you are enduring. We owe a debt of gratitude to our clients who have sent words of appreciation, encouragement, caring, and support during this very tumultuous market .... Continue Reading

Outlook for 2020 and Beyond January 18, 2020 Dear Friend: In the face of many challenges, 2019 turned out to be a surprisingly rewarding year for investors. We were cautiously optimistic about the economy going into 2019 and maintained that opinion throughout the whole year. We acted when we had a firm conviction of the results. There were questions regarding the market valuation .... Continue Reading

The Inevitable Slowdown October 17, 2019 Dear Friend: What a summer! It was full of geopolitical events, natural disasters, and an attack on the Middle East oil supply. In the midst of it all, one scenario slowly became apparent – the global economy is weakening.  Although we still find data to support a continuous expansion in the U.S. such as the low-interest rate, .... Continue Reading