Bay Streeters are a little edgy this summer.
There’s the yield curve, which shows short-term yields are about the same as longer-term ones, a relationship that tends to signal a recession. There’s Donald Trump. There’s a diplomatic spat between Canada and Saudi Arabia, which reportedly prompted the kingdom to sell off its maple-flavoured assets this week.
And there are memories of what they were doing last summer — or more accurately, not doing, as angry bosses and clients would eventually tell them.
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