It is not the hedging the stupid.
The recent news that the SEC is going to be focused on alternative based mutual funds and exchange traded funds is laughable at best. It seems that these so-called hedge fund like or hedge fund replication products have the potential to wreak havoc not only on the market but individual investors according to the powers that be. However, my question is this – isn’t better to have products that can profit when markets rise and fall as opposed to only making money when markets rise? I think every investor regardless of the size of their portfolio would like to be able to make money regardless of the direction of the […]
It is the beginning…
As the Labor Day weekend has passed, the summer is over and everyone is back to work, the action on Wall Street is in full swing. With the beginning of the fourth quarter just a couple of weeks away the thought that seems to be on everyone’s mind how strong is the economy? People are concerned about the stock market, they are concerned about the Fed raising rates and they are concerned about unemployment. It is right to be concerned. There is a lot of uncertainty out there right. My simple, unscientific observation is that the overall the economy it is quite weak and fragile. Everyone is sort of scared, […]