3Q 2020 Market Commentary

October 19, 2020 If, on December 31, 2019, we were told that the total return on the S&P 500 for the first three quarters of 2020 would be 5.57% (which is what it was), many would have concluded that 2020 would be a relatively normal/uneventful...

A Stalling Recovery?

July 28, 2020 After the S&P 500’s downturn, culminating on March 23rd, it rallied 43.36% reaching its post-COVID high on June 5th. Since that time, the index has been essentially flat.

The Stock Market and the Economic Recovery

June 08, 2020 Ending on June 3rd, the S&P 500 had the biggest 50-day rally in its history, gaining 37.7% over that period, and the NASDAQ Composite Index set a new all-time high on June 7th. As of the date of this letter, every stock...

The End of the Bull Market

March 13, 2020 First, and most importantly, we hope you are doing well and staying safe. The longest bull market in the history of US equities came to an end this week as the S&P 500 fell more than 20% from its peak in breathtaking...

The Coronavirus and Markets

February 25, 2020 In the last several days, fears about the Coronavirus spreading have resulted in a “risk off” environment in financial markets:  equity markets globally have lost value and US Treasury prices have risen.  As of the time of this letter, on February 25th,...

Strategas Event With Dan Clifton – September 2017

Watch Coldstream Wealth Management’s moderated discussion with Dan Clifton, director of legislative and public policy research at Strategas Research Partners in Washington, D.C. In this discussion, Mr. Clifton provides his analysis of how current legislation and policy impacts our economy.