While private clients and institutions are adding to stocks, hedge funds are becoming net sellers, pitching the two groups against each other in a stock market tug-of-war, Brown says. What effect will the opposition between the two groups have on the market in the long run? Brown breaks down the Bank of America Merill Lynch's latest equity flow report.
As long as construction starts before year-end, wind and geothermal properties are eligible for the Production Tax Credit. The problem, Hinckley writes, is no one is exactly sure what it means to begin construction.
The current taxation of derivatives is complicated and inconsistent, Rosenthal writes. Investors often use these tax differences to manipulate the character, timing, or source of their income to reduce their tax liability, he adds.