Thinking of getting a sales job or a trading job in an investment bank? Wondering which products you should specialize in according to the climate in terms of volatility, interest rates, gross domestic product, risk appetite etc?
WONDER NO MORE.
As part of their giant report on banking, Deutsche Bank's analysts have just issued the following charts instructing traders precisely where to work (in terms of products) at each point in the cycle. See below. You don't want to be working in cash equities, G10 credit, or emerging markets when volatility comes back.