Business | Schumpeter

Meet the ambitious wolf cubs of Wall Street

A duo of whippersnappers is taking on Goldman Sachs 

Illustration of two wolf cubs sitting on the head of the wall street bull
Illustration: Mari Fouz

THE MASTERS of the universe will have hoped for some peace and quiet over Christmas. The holiday period was the last time for Wall Street financiers to catch a breath before Donald Trump is handed the keys to the White House on January 20th. Even if he does not make Canada the 51st state or annex Greenland, his second term promises lots of excitement. Currency traders are watching the Canadian dollar, Danish krone and other monies—though this has less to do with Mr Trump’s territorial ambitions and more with the tariffs he has vowed to slap on allies and foes alike. Stockpickers are waiting to see which firms find favour with the mercurial president and which fall foul.

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This article appeared in the Business section of the print edition under the headline “The wolf cubs of Wall Street”

From the January 11th 2025 edition

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