The Fast Money World Is Finally Gone

I wanted to write a little bit about the price action here, which is downright soporific.  In 15 years of doing this, I have a tough time remembering a period of time that was more boring, with the possible exception of early 2006. But today is worse, because volumes are so very low. You'd think that, with the stock market on its all-time highs, the broker-dealer business would be swimming in cash. There is nothing further from the truth.