Coldstream Missives QUARTERLY UPDATE CALL

At the end of the second quarter, the S&P 500 was up 16.89% for the year, and bonds posted positive returns as well with the yield on the 10-year Treasury falling to 3.84%. With inflation moderating and growth steady, many market participants were predicting a “soft landing” scenario– inflation curtailed without a recession. From Soft [...]

A year ago, stagflation was considered a plausible scenario for the US economy for the first time since the early 1980s.  The Consumer Price Index (CPI) rose 9.1% in June 2022, and the Fed was unambiguously stating that it would “do what it takes” to curb inflation regardless of whether its actions put the economy [...]

This is a whitepaper from Coldstream’s Investment Strategy Group Analyst, Calm Qi, on the mounting pressure in Commercial Real Estate (CRE), especially the office sector, after the collapse of Silicon Valley Bank.  Although it appears that the collapse of SVB did not result in widespread contagion to other regional banks, we wanted to analyze regional [...]