Don’t forget your Blackberry

Weather patterns have been pretty unsettled over the last few years. But when it comes to the financial climate, there’s little doubt what’s in store this summer: it’s going to be hot, damn hot, with frequent thunderstorms. Last year, the credit crunch erupted out of a seemingly clear blue sky to ruin many a banker’s holiday. True, a handful of financial meteorologists may have recognised the rising tide of subprime defaults and last June’s collapse of two Bear Stearns hedge funds to be the cirr...