Today, PPI +1.1% (vs exp +1.5%), core PPI +2.8% (vs exp +2.9%). So, if (wholesale) PPI << (retail) CPI, that means future CPI will decline.</blockquote>
Will U.S. equity markets rise or fall after today’s 2 PM FOMC announcement?
Mostly going nowhere today. Unusual lack of volatility in recent days.

Has this in-kind transfer happened or are you thinking about it?
D&C doesn't seem to be supported at Fidelity platform (NTF or TF). D&C tickers don't even pull up a quote at Fido site. So, such in-kind transfer may not even be allowed.
No direct experience.

@yogibb said,
FWIW, I like to receive some things via snail mail, but I am OK to get other stuff via email. So, on sites that allow selectivity (Fido, etc), I only get statements and 1099s via snail mail, but the rest (confirmations, prospectuses, junk) via email. But I resist all or nothing choice. It isn't just that I could save the PDFs, but that if something happens to me, my family won't have access to online a/c, info, statements, etc. Having some paper in hand still has value.

Now a $1 trillion tsunami of high-quality government paper is slated to hit markets before September, at a time when Michele warns the Fed is already draining $95 billion in liquidity—the oxygen that fuels asset prices—every month through quantitative tightening.

“This [regional bank failures] does remind me an awful lot of that March-to-June period in 2008,” Michele told CNBC in an interview on Friday, citing the three-month rally that followed the Bear deal. “The markets viewed it as: there was a crisis, there was a policy response and the crisis is solved.”

Bob Michele, who is responsible for managing $700 billion in assets for the world’s most valuable bank [JP Morgan], believes there are too many current parallels to the 2008 global financial crisis to simply dismiss the idea of a repeat out of hand.

More than $1.4 trillion in U.S. CRE loans are due to mature by 2027, with $270 billion alone coming due this year, according to real estate data provider Trepp. Much of this debt will have to be rolled over at higher rates.
“There are a lot of companies sitting on very low-cost funding,” Michele said. “When they go to refinance, it will double, triple or they won’t be able to [roll it over] and they’ll have to go through some sort of restructuring or default.”

Mutual fund-only customers will need to pay an annual $20 fee per fund starting in September [2022], FA-IQ sister publication Ignites writes, citing Vanguard’s website.
That’s on top of the $20 annual account fee, according to the publication.
While clients can avoid the account fee by going paperless or meeting other standards, the same option doesn’t extend to the per-fund fee, Ignites writes, citing the disclosure.

@Charles, check out Barron's,
TRADER. Stocks rose as the wall of worry faded away. The RALLY broadened beyond large-caps to small/mid-caps and cyclicals (financials, industrials). The SP500 was in a bear market for 248 days (Edit - the longest since 1948) and it may reach a new high that is +10% away. Of course, there are economic data, the FOMC meeting(s), and a possible recession along the way. Enjoy the rally while it lasts.
https://www.barrons.com/articles/stock-market-gains-as-wall-of-worry-crumbles-what-happens-next-75e1dc1e?mod=past_editions
You may be thinking of the time it took for the SP500 to recover fully, and that was about 5 years after the GFC; however, the allocation funds recovered much faster.

Lots of good points.
My caution with FR/BL is just going forward. It has been a good time for FR/BL from mid-2022 to ??? If one has them, hold for now; may be still good for a quick trade. Things do change rapidly for them and lot of backward-looking data don't capture that. FWIW, when things do turn ugly, FR/BL holder don't know what hit them.