Capital Perspectives December 2017

Tony Roth |
Investment Management

In the December issue of our monthly flagship publication, we feature: On the Record by Chief Investment Officer Tony Roth, Canaries in the economic coal mine. In Focus provides a look at the likely path of tax reform legislation and the potential market and economic impact of its passage. Investment positioning, major themes, and asset class positioning


Senate Version of Tax Bill Aims to Raise Tax Revenues from First-In, First-Out Share Sales

Clement K. Miller |
Wilmington Wire

December 5, 2017— The Senate tax bill contains a provision that would force individual investors to use first-in-first-out (FIFO) tax treatment for sales of the shares of most stocks.   Markets have risen substantially in recent years, making management of taxable gains an important consideration in delivering after-tax returns to investors.   Under current law, individual investors are