With volatility and geopolitical risks picking up over the summer months, some in the financial markets are questioning whether vacation plans should be put on hold.
"Going on holiday now is a risk," said Evan Lucas, a market strategist at IG. "You could find yourself missing some interesting developments."
U.S. President Barack Obama's speech in Asian trading hours Friday offered a case in point: after announcing that he authorized targeted airstrikes in Iraq, stocks dropped sharply, with the Nikkei index falling as much as 3.1 percent, touching its lowest levels since May, while safe-havens such as the yen climbed.
Fears of poorly chosen vacation timing found their poster child in former Bear Stearns CEO James Cayne. In 2007, during what would become the global financial crisis, as two of his company's hedge funds were melting down amid demands for redemptions and more collateral, Cayne was competing in a bridge tournament without access to a mobile phone or e-mail.