now, it was just yesterday that we had rick reither who is the fixed -- rick reider over at blackrock making some very strong comments echoing that. i want you to hear how energized he is about investment that teddy's been talking about as well. >> cash is, i mean, you can -- you get beautiful yield. i mean, the 2-year treasury you get almost 2-- 4.5%. even if the fed, let's say we're wrong and the fed's got to be the more aggressive, if they're going to be more aggressive, other financial assets are going to have a really tough time, and you're not going to lose any price return. if in investment grade, these companies, their free cash flow generation is good, they deleveredded their balance sheets, it is basically risk-free. but this is nirvana, having so much fun. you can now, all of a sudden, buy 5, 6, 7%. think about what most people's return target, if i can hit 7 using equities as well, if you can get there with a 6 in fixed income, you've hit your -- without taking any risk. liz: there you go, teddy. cash is king. and what he means is there's so many opportunities in fixed inc