Rick Rieder is now the odds-on favorite to become the next Fed Chairman.
The two clips below show he is:
- Motivated to cut rates much lower
- Fully aware of fiscal dominance
- Eager to use the Fed’s balance sheet in “innovative ways”
TLDR: You don’t own enough hard assets.
"That is something I have never seen in all of my years playing and watching golf." Jasmine Koo's shot off an advertising board in the water at The Chevron Championship drew quite the reaction.