Markets Gain Despite Ongoing Headwinds

Markets continued to move higher in June as investors remained encouraged by resilient corporate earnings and continued optimism surrounding artificial intelligence and technology spending. While markets experienced periods of volatility due to ongoing geopolitical tensions in the Middle East and uncertainty surrounding interest rates, strong fundamentals helped the markets in June.  Investors continue to monitor expectations for future Federal Reserve policy if we see any change to the Federal Reserve rate this year.

Consumer trust in AI is still evolving, but AI's long-term economic potential helped lift markets in June.

On the economic front, inflation continues to be stubborn, much of it due to energy prices and remains above the Federal Reserve's long-term target. The labor market remained healthy, consumer spending held up well, and economic growth continued at a moderate pace. While geopolitical events and trade threats continue to create headlines, the overall economic backdrop remains constructive. As always, reach out to your advisor anytime with questions or concerns on the markets and planning.

Wildfires Are a Reminder: Is Your Financial Life Prepared? 

As wildfires burn across Colorado and other parts of the country, many families are being reminded how quickly life can change.

Unfortunately, we've seen that reality firsthand. We know of people who are currently evacuated from their homes and one of our clients lost their home in a previous wildfire, along with nearly everything they owned. While nothing could replace what was lost, having their financial life organized made a difficult situation a little easier. We were able to quickly provide important financial records, connect them with insurance resources, and help them access accounts so they could focus on their family's recovery instead of searching for paperwork.

It's a reminder that financial preparedness is about more than growing your wealth -- it's about protecting it when the unexpected happens.

A few simple steps can make a big difference:

• Gather and securely store important financial documents, including insurance policies, bank and investment account information, wills, trusts, and property records.
• Keep an up-to-date inventory of your home and valuable belongings, including photos or videos for insurance purposes.
• Review your insurance coverage to ensure it reflects your current needs.
• Store digital copies of important documents in a secure, password-protected location.
• Make sure trusted family members know where to find important documents and emergency contact information if needed.

One helpful resource is the Your Disaster Checklist, created by the Consumer Financial Protection Bureau (CFPB) and the Federal Emergency Management Agency (FEMA). It helps you organize important financial information and keep essential contacts at your fingertips before an emergency strikes.

We hope you never need it, but being prepared today can make recovering tomorrow a little easier. If you'd like help organizing your financial information or reviewing your preparedness plan, the team at Capstone is here to help.

Capstone in the Community

Throughout June, the Capstone team proudly supported several community organizations and fundraising events across Colorado. We participated in the Advocates for Children CASA Fun Run in Centennial, the CASA of the Pikes Peak Region's Fore the Kids Golf Tournament in Colorado Springs, the Kidpower Chocoholic Frolic  (event photos), and the Garden Party Gala benefiting Serenity House Africa (event photos). These events provided valuable opportunities to strengthen community partnerships, support organizations making a meaningful impact, and connect with local leaders and families.
 

What's Next
August 2 - Fight for E Golf Tournament, Loveland, CO

August 22 - Advocates for Children Red Wagon Ball, Parker CO

August 27 - Private Viewing with Rocky Mountain Women's Film: more details to come

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

719-477-9883

[email protected]