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

Expanding the Accredited Investors Pool

Will the definition of what it means to be an accredited investor change in the near future?   In December of 2019, the SEC voted to propose an amendment that would allow a greater number of individuals and institutions to qualify as accredited investors—increasing the eligible participation within private markets.   Financial Advisors IQ reached out to Managing Shareholder and Team Lead, Kevin Fitzwilson, to gauge his thoughts on the proposed change.   Read Kevin’s response in their article here.

Detlef’s Interview with Chase Jarvis

Detlef’s Interview with Chase Jarvis

Detlef Schrempf touches on the importance of giving back during his interview on the Chase Jarvis Live Show. Thanks, Detlef for this great reminder to be grateful for life’s blessings and give back. The perfect sentiment and start to this holiday week.

Listen to his podcast interview here.

 

© 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.