Markets Stumble in April as GDP Falls and Tariffs Bite

April was marked by significant volatility in global markets, primarily driven by the U.S. economy's contraction and escalating trade tensions. The U.S. GDP shrank by 0.3% in Q1, the first decline since 2022, largely due to a surge in imports ahead of President Trump's newly implemented tariffs on key trade partners like China, Canada, and Mexico. These tariffs, including a 10% baseline on most imports and higher rates on specific goods, led to a record trade deficit, dampening economic growth. ​

The stock market reacted sharply, with the Dow Jones Industrial Average and S&P 500 experiencing their worst two-day losses since the COVID-19 pandemic. Although a late-month rally, spurred by a temporary pause on some tariffs, helped the Dow and S&P 500 achieve a seven-day winning streak, both indices still closed April down 3.2% and 0.8%, respectively. Investor sentiment remained cautious, with concerns over potential recession risks and the sustainability of the market rebound.

*Dow Jones Index and S&P 500 Index can not be directly invested in.
 

Source: WSJ.com

Get to Know Bill Sigrist

Capstone clients know Bill Sigrist as the steady hand behind our operations. Quiet and mild-mannered, he brings a methodical approach to everything he does, ensuring that our work runs smoothly and efficiently. We sat him down for a few light-hearted questions so you can get to know the person behind the checklists and project plans. Fun fact: when he’s not keeping us on track, he’s hunting down epic bargains on eBay.

What Moms Really Want For Mother's Day

According to OpenTable, 49% of Americans are planning to dine at a restaurant to celebrate Mother’s Day this year. Here are a few additional insights from their 2025 dining trends research:

Early dining means the whole day is free: 46% of moms want to start celebrations early to maximize relaxation time throughout the day. 
 

Relaxing views are a priority: The number one wish-list for moms designing their perfect Mother's Day meal out is a waterfront or scenic view (64%).  
 

Up the ante, moms deserve it: A chef's tasting menu is a must-have for 51% of moms surveyed. 
 

Brunch is the main event, but celebrations will last all weekend long: 73% of moms surveyed want to celebrate Mother's Day with a family brunch with their children but the fun doesn't stop there, as 66% will celebrate multiple times over the weekend, whether with family, friends or solo.

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Your Awareness is a Powerful Thing

Have you ever noticed how once you're focused on something—like a new car or a home project—you suddenly see it everywhere? That’s your brain’s Reticular Activator kicking in. It’s the same with financial planning. Once you’re thinking about it, you may start to recognize when friends or family are facing similar questions—retirement readiness, managing an inheritance, or just wanting more clarity with their finances.
 
If that happens, we’d be honored to be your go-to resource. Many of our best client relationships have started with a simple introduction. At Capstone, we’re committed to thoughtful, fiduciary advice—and treating your referrals with the same care and professionalism we bring to every client we serve.
 
Thank you for continuing to place your trust in us—it means everything.

Your Local Resource for Expert Financial Guidance and Support

Capstone built our reputation on friendly service, impeccable ethics, 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

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