Providence Capital 
The world of finance is no stranger to a certain opportunism. “Structural changes” are announced, traded in and rediscovered depending on the latest market developments. A good example of this is the so-called exceptionalism of the U.S. stock market. Until early this year, high returns that were supported primarily by a number of large technology … Read more
Trump Always Chickens Out – or TACO – was the dominant investment theme during the month of May. For financial markets, the accompanying turn from uncertainty to optimism worked out well. After all, if Trump’s policies are little more than a combination of maximalist demands and quick capitulation, the damage will be limited. The stock … Read more
No one likes uncertainty. It makes people doubt, makes them more cautious. People question their prospects and postpone their plans. So the impact of uncertainty on the economy and financial markets is easy to predict: an increase is negative and a decrease is positive. Unfortunately, we have seen a big increase recently due to president … Read more
Since taking office in January, Trump has been in the news every day. He keeps issuing ‘executive orders’, announcing abrupt policy changes, and, of course, instituting and repealing new trade tariffs. While most of these actions are irrelevant to an investor, there is unfortunately also more than enough that does worry this calculating group. Those … Read more
Senior controller +31 (0)88 808 69 80 +31 (0)6 11 20 03 86 mstens@providencecapital.eu Menno is involved in servicing the various families of the Family Office. He has worked as lead product controller for private equity, corporate lending and mortgages at NIBC Bank, and has previously held various positions at ABN Amro Bank. Menno holds … Read more
Client Investment Officer +31 (0)88 808 69 63 +31 (0)6 10 41 82 22 wsturkenboom@providencecapital.eu Wouter is responsible for the investment outlook and asset allocation and leads the investment committee. Financial markets are fascinating puzzles for him that change every day and never get boring. He started his career at Kempen & Co in 2006 … Read more
The Roman god Janus, often depicted as a man with two faces, symbolises the beginning and the end. A better metaphor for the transition from Biden to Trump and the corresponding turnaround in geopolitics is hard to find. For now, the new face of US foreign policy is characterised by the unleashing of a global … Read more
The saying goes that all beginnings are difficult. Yet for now, I can honestly say that I have made a good start at Providence. With the generously given and much appreciated help of my predecessor Wouter Weijand, I have been able to rapidly familiarise myself with all facets of our investment portfolio. On a personal … Read more
On the threshold of the new year, several changes of guard are imminent: economic, political and financial, but more on that in a moment. First, I would like to inform you about my own changing of the guard, as on 1 January I passed the baton to my successor Wouter Sturkenboom. At this ‘turn of … Read more
It was quite a month, as Santa Claus came early this year: especially the US stock market shot up after Trump won the US elections. What thrilled investors so much? Was it the promise of MAGA, Make America Great Again? Something about ‘own people and economy first’? And is Trump going to end inflation and … Read more
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