The Resilience of Investors

Caleb: Retail investors are the day traders. They jump out at any sign of trouble. And then we just the dumb money they call us sometimes. But I think that there are more retail investors who are like us than people lead on to. On our platform, you know, we see a little bit of both. We've seen trading take up in the first part of the year. People are very cautious in this environment. The consumer is doing quite well right now. That's not the story across the board.