Fiscal Cliff-Hanger

It came down to the very last minute, but compromise was made and the majority of the fiscal cliff averted.  Not surprisingly the markets rallied early on news of the pending compromise.  What was surprising was the resilience of the market during weeks of tough negotiations.  Those expecting a repeat of the prior year’s debt ceiling debate and market fall were disappointed.  With the compromise in place much of the uncertainty over tax policy has been put aside.  The Bush tax cut rates have been made permanent for the vast majority of tax payers.  Still ahead, a debt ceiling compromise and meaningful tax and spending reform as the fiscal cliff “fix” has added $4.6 Trillion to projected deficits over the coming decade. READ MORE

About Coldstream

Coldstream Special Event – Jason Trennert  Join us Wednesday, January 23rd at the Overlake Club in Bellevue where Strategas Partners Chief Strategist, Jason Trennert will share his major investment themes for 2013.  Strategas serves as a key research and investment strategy partner to Coldstream. Don’t miss this unique opportunity!  Email susan@coldstream.com if interested in attending.

New Team Members  Coldstream welcomed aboard three new team members in December!  Previously a practicing estate planning attorney, Kurt Biederman has joined Coldstream in the role of Associate Relationship Manager providing wealth management services to clients. READ MORE

Thoughts on the “Fiscal Cliff” from the Coldstream Investment Strategy Group

With the elections over, the media has turned its attention to negotiations between the U.S. House, Senate and Administration over tax policy and spending programs to avert what has been dubbed the “fiscal cliff” facing our country.  One of our research resources, Strategas Research Partners, provides a list below of the various tax extensions, programs and spending cuts set to change in 2013 if action isn’t taken between now and year end. Investors have clearly been nervous about the outcome of these negotiations; the S&P 500 stock market index has fallen (as of November 16th) more than 6% from its early October level, with the NASDAQ composite and small cap stocks down even more.READ MORE

Coldstream attending Schwab Impact

Coldstream members Hilary Clark, Catherine Williams and Liz McQueen attended the Schwab Impact event in Chicago.

IMPACT is an invitation-only industry conference where advisors come together with influential presenters, exhibitors, and subject-matter experts to learn about and collaborate on key issues and best practices. Every facet of the conference is designed to help attendees remain at the forefront of the industry.

Liz & Hilary

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