Wall Street big shots may be forced to cancel their summer vacations
Wall Street's fantasies of decamping to the Hamptons for the summer have been shattered by higher inflation and stock market volatility.
Adobe Firefly; Jenny Chang-Rodriguez/BI
2024 was supposed to be easy for Wall Street's speculators. There was an improving economic picture, a clear way to trade it, and the chance to take it easy while still racking up profits. Inflation canceled that, and now it's almost certain that Wall Street's summer is canceled, too.
After 2023's glorious stock-market rally...
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