Monthly Archives: September 2012

2013 Tax Policies and Portfolio Construction

September 30th, 2012|by Michael Ashley Schulman, White Papers|

By Michael Ashley Schulman, CFA

Note: This paper was first published in U.C. Irvine’s, The Paul Merage School of Business, Center for Investment and Wealth Management, Wealth Management Frontier investment journal, October 2012 http://merage.uci.edu/journal/ciwm/october-2012/2013-tax-policies.html

 

Summary:

New federal tax policies increase the incentive for tax-exempt return. This improves the appeal of tax-exempt municipal bonds, Master […]

There is unlikely to be a major change to current economic policies in the very short term

September 30th, 2012|by Michael Ashley Schulman, Perspectives, The Big Picture|

Regardless of who wins the November 6 U.S. election, there is unlikely to be a major change to current economic policies in the very short term. Although there are different priorities between extending tax cuts and limiting spending cuts, both political parties probably want to avoid the “fiscal cliff” next year. Therefore, the near-term outlook […]