Top Wall Street strategist who says it’s ‘the best investing environment ever’ in the running as next Fed chair
1. Rick Rieder claims it's the best investing environment ever. 2. Rieder is in consideration for Fed Chairman, alongside other candidates. 3. He emphasized strong cash positions and buybacks in the market. 4. Fixed-income portfolios can yield 6.5% to 7%, attractive for investors. 5. Rieder is optimistic despite recent labor market softness.