Wall Street's heading for $90B+ in profits this year, and bonuses are set to hit record levels.
Classic cycle. Markets rip, deals flow, banks print money, comp goes parabolic. Then everyone forgets what happened in 2022 when the music stopped.
Not saying don't celebrate success — but this is exactly when you should be asking: what does my portfolio look like if the party ends? What's my downside plan?
The best time to think about risk is when everyone else is counting their bonus checks.
Classic cycle. Markets rip, deals flow, banks print money, comp goes parabolic. Then everyone forgets what happened in 2022 when the music stopped.
Not saying don't celebrate success — but this is exactly when you should be asking: what does my portfolio look like if the party ends? What's my downside plan?
The best time to think about risk is when everyone else is counting their bonus checks.