Your Local Resource for Expert Financial Guidance and Support

Weekly Economic Update: September 11, 2023

Falling bond yields–spurred by weak economic data–helped lift stocks to weekly gains.
Concerns that the Fed may raise interest rates soured investor sentiment, sending stocks lower in a holiday-shortened trading week.

The Dow Jones Industrial Average slipped 0.75%, while the Standard & Poor’s 500 declined 1.29%. The Nasdaq Composite index dropped 1.93% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, lost 1.28%.

Is it time to call an audible on your finances?

It’s football season. School is back in session, the days are getting shorter, and the weather is starting to turn.

If you sit down to watch your alma mater play, your “to-do” list may grow. Your car may only have one more snowy season. Your child may be discussing a different college than you were preparing for. And your spouse may be dropping more hints about that “winter getaway” you mentioned.

If any of those sound familiar, give us a call. Not during halftime, but when you’ve had a minute to frame things up in your mind.

Your financial strategy may help you pursue your goals. But occasionally, those goals shift, and we may need to call an “audible” to get the best play. It happens all the time on the football field, so expect it to happen once in a while with your finances. Enjoy the season. Let us know how your team is doing!  

P.S. Please don't spend your retirement savings on CU tickets!

Sustainable Financial Planning Social Hour: Oct 19

Sustainable Financial Planning is designed to help you reach your financial goals while feeling good about your investments. The focus is on financial decisions that take into account the environmental, social, and governance (ESG) factors. ESG investing is a way of investing sustainably—where investments are made with consideration of the environment and human wellbeing, as well as the economy.

You don’t have to give up positive returns to invest for a positive impact.  The use of your money is a vote — who you buy from, who you invest in, who you work for — can be a force for positive change.

Please join us for a conversation, over appetizers and drinks, about financial planning and sustainable investing. Do you know someone who would be interested, please share this with them, or bring them with you!

• Where: Capstone Office: 615 N Nevada Ave., Colorado Springs, CO
• When: Thursday, October 19, 6:30 -8:00 PM
• Appetizers and drinks provided
• Pre-Registration is required.  Register Now

Blast From the Past

Stapleton International Airport was Denver's primary airport for sixty-five years until it was replaced by DIA in 1995. Does anybody remember when I-70 ran through the famous Stapleton Airport runway tunnel?  Via Denver History 

Capstone built our reputation on friendly service, impeccable honesty, and respect for every client. Our clients’ needs drive our relationship, and the focus is always on you. We strive to be highly responsive to your requests and are skilled at creating solutions customized to your goals, values, and situation.  Reach out anytime with questions. We're happy to help!

Capstone Investment Financial Group, LLC

Colorado Springs/Denver

719-477-9883

info@capstoneinvest.com