Why this investment strategist is a 'fan of bonds' right now

Stocks in Translation

In this episode of Stocks In Translation, Yahoo Finance's markets and data editor Jared Blikre and host Madison Mills welcome Kevin Gordon, director and senior investment strategist at Charles Schwab, to the podcast.

The team delves into market breadth — how many stocks participate in a given move in an index or stock exchange— against the backdrop of an election a few weeks away and the markets seemingly shrugging their shoulders.

Gordon also expands on when he’s increasingly interested in bonds, even as an equities person. “I'm a fan of bonds,” Gordon continues. “There's so much more opportunity now in the income space that so many investors either haven't seen for a long time or so many investors just haven't seen ever... It's also now more competitive with what you're earning in the equity market. And from an earnings yield perspective, that spread is closed.”

He adds, “If you're looking for … less volatility in terms of your income that you're generating on an annual basis, um, it's not, it's not bad to look at the fixed income universe."

Twice a week, Stocks In Translation cuts through the market mayhem, noisy numbers and hyperbole to give you the information you need to make the right trade for your portfolio. You can find more episodes here, or watch on your favorite streaming service.

Find this episode's transcripts and more episodes of Stocks in Translation at https://finance.yahoo.com/videos/series/stocks-in-translation/

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Yahoo Finance's Stocks in Translation is hosted by Jared Blikre and Sydnee Fried, and produced by John Tejada.

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