But on Wall Street, a crisis is just a bit of financial engineering away from becoming an opportunity to make money.
That's where inflation traders come in.
The strategy of betting on the swings in consumer prices has exploded in recent years, with revenues from inflation trading going from $700 million in 2019 to $3.9 billion in 2022.
And while inflation trading has the potential to generate some big returns, making your money back on hires like these might be a tall task if inflation has a short shelf life.
More on where the top players in inflation trading are landing amid a heated war for talent.
Persons:
Dan DeFrancesco, we've, Goldman Sachs, I've, Malte Mueller, Insider's Kaja Whitehouse, Kaja, Ben Stiller, Owen Wilson, Elon Musk, Goldman, Citadel's Ken Griffin, Dara Khosrowshahi, Jeffrey Cane, Nathan Rennolds
Organizations:
Getty, Labor Statistics, Federal, Paramount, BlackRock, Tech, LinkedIn
Locations:
BlackRock, China, New York, London