Seeing as the market will turn soon enough and, with my good luck, be at its worst when I am trying to get a job, does S&T hire significantly less during lean times like ibanking? Ive been wondering about this, I feel like it is going to be a lot harder to get a job, but I would rather learn during a down market.
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bc there will still be client activity and i would think volume should decrease that much but i dont know for sure
I dont know if you read the WSJ article, but banks are slowing down new hires altogether, traders or not. The market has been in an uptrend for so long that banks have overhired. People will be lucky to keep the jobs they have when the market turns. The hardest feild will be sales and trading, but it will not play into hedge funds as most are long/short.
if the market 'turns' hedge funds will be among the first to get crushed.
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