Reason to Panic?

Last Friday, the S&P 500 index fell 2.4%, while the Dow Jones Industrial Average fell 2.1%.  This was the first 1% sell-off since June, and the press reports described it as a full-blown market panic. What’s going on?  Efforts to trace the reason why quick-twitch traders scattered for the hills on Friday turned up two

Hedging What?

What is a “hedge fund?” Well, simply put, a hedge fund is an investment company that invests in alternative investments (debt, derivatives, options, commodities, etc.) to either beat the market or provide a hedge against unforeseen market changes. Generally, hedge funds are considered to be opportunities for the “smart money” and to sophisticated investors, such