The idea of a 4-day workweek is more popular than ever. Could it come to Wall Street soon? Watch the full video here:
, but a shorter workweek may be difficult to implement on Wall Street.
The finance sector has "always been a culture of heavy hours and working a lot," said Jason Snipe, founder and CIO of Odyssey Capital Advisors. "Now that we've been forced to stop to a certain degree and reorient ourselves because of the Covid environment, it has allowed us to reexamine what that culture is."to a person's physical and mental health as a reason to shift to fewer hours.
James Angel, associate professor of finance at Georgetown University, said he would be surprised if U.S. stock exchanges shortened their trading hours. "If anything we might see longer trading hours," he said. "People trade more when the market is open, and the industry knows this. So they certainly are going to be in no hurry to shut down the cash register."
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