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‘The Intensity Is Crazy’: Stock Advisers Bask in the Bull Market

  • At fund offices and on trading floors, business is picking up
  • Christmas was the last day of peace at Point View Wealth funds
Bloomberg business news
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It was around the holidays when things started getting “totally insane” for John Petrides. With stocks raging, fund clients left him alone for exactly one day: Christmas. They started calling again the next morning and haven’t let up in the four weeks since.

“The intensity is crazy” -- both at home and in the offices of Point View Wealth Management in Summit, New Jersey, where Petrides manages money. “Phone calls, emails, conference calls, and everyone wanted to know about the tax cuts and what it means for the market.”