Estate Planning in the Time of Great Uncertainty

May 27, 2020

I have been in Wealth Management for more than 30 years, and, in my opinion, there has never been a greater urgency for estate planning than what we are seeing at this moment in history.  The current health crisis, compounded with working from home and spending more time around loved ones, compels one to put life into perspective, which often can include thinking about one’s own mortality. READ MORE

COVID-19 Monitoring Resources

April 03, 2020

As we continue to track the COVID-19 situation and assess its impact on financial markets, we wanted to share some of the resources we’re monitoring on a daily basis.  Useful data is scattered across the internet, so we look at a variety of sources to get a fuller picture of how various states and countries are handling the pandemic, particularly how case and death curves are trending.READ MORE

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 speed. As of yesterday’s market close, the S&P 500 is down 26.3% from that peak and 22.9% YTD. Small- and mid-cap stocks once again underperformed the S&P 500, and international equities also swooned. Risky credit such as corporate high yield and emerging market debt also suffered significant losses, but not to the extent of equity market losses.  READ MORE

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, the S&P 500 is down 7.2% from its peak , the MSCI Emerging Market Equity Index is down 8.00% from its recent high, and the yield on the 30-year US Treasury Bond is at an historic low of 1.79% (bond yields move in the opposite direction from price).READ MORE

© 2020 Coldstream Capital Management, Inc. & Rainier Group Investment Advisory LLC d.b.a. Coldstream Wealth Management. All data shown includes information from combined entities. All Rights Reserved.