Seeking Alpha

A 7% decline in the Utility SPDR (XLU) in November puts the ETF in the red for the year (even...

A 7% decline in the Utility SPDR (XLU) in November puts the ETF in the red for the year (even after the dividend). Worries over a hike in the dividend tax rate are surely a factor (fade those, say some), but the sector is also likely to feel the "regulatory wrath" for outages following Sandy, writes Alan Brochstein.
Comments (2)
  • "regulatory wrath". Well we must exact our revenge on somebody.
    12 Nov 2012, 01:10 PM Reply Like
  • a portion of the cost of that wrath will be passed on to consumers.
    18 Nov 2012, 09:04 AM Reply Like
DJIA (DIA) S&P 500 (SPY)