Coldstream Missives QUARTERLY UPDATE CALL

Coldstream’s Q3 2024 Quarterly Investment Strategy Group Webinar is now available! In this webinar, Chief Investment Officer and General Counsel Howard Coleman, JD, leads a discussion about current economic indicators, factors influencing the market landscape, and our outlook for the coming months. He’s joined by Senior Portfolio Manager James Walsh, CFA®, MBA; Portfolio Manager Bryan [...]

Unlike gains in the S&P 500 in 2023, gains in the first quarter of 2024 were broad based and driven by companies other than the large mega-cap tech companies. Indeed, the equities of two of the Magnificent Seven suffered significant declines in the first quarter of 2024 with Tesla falling 29% and Apple falling 12%. [...]

GDP grew at 3.4% in the fourth quarter of 2023 and is predicted to grow by over 2% in the first quarter of 2024. Driven by strong growth and continued optimism about the potential of Artificial Intelligence, the S&P 500 gained 10.56% for the quarter, the best quarterly performance since the first quarter of 2019. [...]