Daisy Maxey writes columns on various types of investment instruments, including different forms of mutual funds and annuities, as well as financial advisers and their firms. She also produces videos on these topics for WSJ.com. She frequently writes for various special sections of The Wall Stree...
President Donald Trump’s plan to cut taxes—if it’s approved along the lines of its current form—stands to weigh on prices in the $3.8 trillion municipal-bond market. Cutting personal and corporate income-tax rates, as Mr. Trump has proposed, will make the tax protections muni bonds offer less valuable relative to taxable fixed-income investments. That’s because investors in taxable fixed-income investments, such as Treasurys, would...
Investors typically don’t like uncertainty, and those buying shares of biotech exchange traded funds especially don’t. A week ago the House passed a health-care bill meant to repeal and replace the Affordable Care Act. There is a long way to go before it becomes the law of the land. The bill has now landed with […]
What incorporates in Delaware stays in Delaware. More than half of publicly traded U.S. companies incorporate in the small state, regardless of their headquarters location, and once there they rarely leave. That is generally because once incorporated, it is difficult to get shareholders and management to agree on a new state of incorporation, says Robert Anderson IV, an associate professor of law at Pepperdine University School of Law.