Forbes – As part of a fundraising event by hedge funds known as Trading Day for Kids, three of the industry\u2019s titans convened to share their feelings on the likely direction of the markets over the next few weeks and during 2013.\u00a0 Their thoughts offer insights for traders and investors and may inform some of the strategies they have in place.<\/p>\n
Before sharing these, it\u2019s worth giving the concept known as Trading Day for Kids some coverage because the only beneficiaries are under-privileged youths in\u00a0New York\u00a0City.\u00a0 Specifically, on Trading Day for Kids, participating hedge funds run all of their trades through one brokerage firm on a given day, which this year is October 25.\u00a0 The brokerage firm then donates the commissions from the day\u2019s trading to Youth, I.N.C. who in turn distributes funds to a variety of non profits who empower young people in the New York City metropolitan region.<\/p>\n