Hey everyone
just a few observations, today working with clients not a single person asked for a stock quote or trade. Each and every client had hundreds of thousands some millions of dollars in cash parked in money markets and when I asked what they wanted to do with it every single response was not a thing. We are in the slow down phase of the money velocity, Very slow.
a bit of a observation I am seeing large amounts of Goldman Sachs CDs being marketed through brokered CDs, that is what i was seeing a few weeks/months ago with the firms who were in trouble. Keep a close watch might be nothing. They are defintely trying to raise capital all there rates are higher than other firms.
PS Diabullic as a Father of 5 kids myself, I would advise you give the most important gift you could give, your time and love to your new daughter, better than gold! CONGRADULATIONS