NYSE | Steve Sjuggerud

The Yellow Cab Prius slotted itself into an imaginary third lane. Horns are a tool to open opportunities, and my taxi driver was clearing our path to Wall Street. Touching 60 mph down the next block, tires chirping as we came to a dead stop mid-intersection, inches from the box truck bumper in front of us.

“Unexpected,” he muttered.

Yesterday, Steve Sjuggerud rang the closing bell for the NYSE (New York Stock Exchange). He was also keynote speaker, presenting his film: New Money. I love Steve, and it was exciting to support him in his new venture, so lower Manhattan was the setting for our meeting this time.

Seven visible layers of security then an elevator ride, we stepped onto the trading floor.

Power is not a sufficient word, but is the precise word. Immersive powered electronic environment, labyrinthine, purposeful. On these screens, fortunes are made (and lost) in less than an instant. Capital from investors and central banks are injected into this abstract Darwinian metaphor, traded so fast that — even at the speed of light — proximity to the exchange matters, influencing real estate prices as companies compete to locate hardware closer to the NYSE.

The pulse of human ambition, the collective physical and intellectual labor of billions of people, flow through this space in fractional seconds.

Up in the balcony, Steve banged the iconic gavel and spontaneous cheers erupted around me as the trading day came to an end (Tuesday, April 16, 2019 @ 4 PM EST). Asia then Europe will carry things forward overnight then into tomorrow.

“Money flows to where it’s treated well.” (Steve Sjuggerud)

Later, at the reception, I balanced a small plate of exquisite medium rare porterhouse as Steve shared his initial impressions of the treble bleed capacitor on the wiring harness I’d sent him for testing. A few blocks away, Steve Blucher’s ears were no doubt tingling. Yes, talking guitars, Jack Ma and Warren Buffet looking on.

Just for a moment my concentration broke. An emotion, unfamiliar, a realization…an appreciation…as two worlds clicked together and I felt the course of this incredible journey in lutherie.

PS: Kind thank you to Steve Sjuggerud and his family (and staff).

rick toone
PHOTO: Rick Toone @ NYSE.
cnbc closing bell market recap
PHOTO: CNBC Closing Bell market recap live broadcast. April 16, 2019.
warren buffet jack ma
PHOTO: Jack Ma (Alibaba) dominates the wall of financial leaders. Warren Buffet (Berkshire Hathaway) lower right.
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PANORAMA: Floor of NYSE moments after Steve Sjuggerud rang the closing bell.
PHOTO: Commemorative NYSE coin given to visitors.