Thanks JD, Re: v-Wave coming back to something more normal........
It's nice to see the v-Wave settling down and showing market risk contracting.
Also, thank you for the note relative to the Short Term v-Wave. That latest innovation is now two full years old. We didn't know what it would do way back then but it's proved to be a good guide on its own and sort of a lead indicator for the longer term v-Wave.
We're fortunate to have this market risk guidance and appreciate your keeping us informed.
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