Here comes the tax drag. Thanks to a 2010 rule change, many mutual funds this year and next will lose their ability to continue to offset taxes with accrued capital losses from the financial crisis, hitting after-tax returns.
Investors are looking ahead to 2017 with anticipation and trepidation
Investors have placed big bets that the shares of these companies are going to fall in the coming months.
This year’s market events surrounding Brexit and the U.S. election, in particular, have exposed numerous flaws to this recency approach taken by the investing herd.
Last month changes everything