the calm before the storm
“Something always blows up over summer,” he said. “We’ve seen it for many years.”
In the meantime, traders should probably appreciate the downtime while they have it, because once their kids head back to school and the news cycle picks up, they might not have another moment to breath until the holidays.
“As a salesman or trader, it does get to the stage where you go, ‘Christ, what am I going to do for the rest of the day?’” said Chris Wheeler, a bank analyst at Atlantic Equities. “I don’t think anyone is going to be that keen to be on the desk when it’s so quiet. The danger is people get quite bored.”
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