BlackRock's Nagrath: Fundamentals are strong for fixed income right now

Dhruv Nagrath, director of fixed-income strategy at BlackRock, says that it's "easy to make a healthy return in your fixed income without taking too much risk," so while there are opportunities out the risk scale all the way out to high-yield and junk bonds, he notes that investors can stay safe and come away happy with their gains. Nagrath discusses what he expects to happen to bond yields when the Federal reserve starts cutting rates, how bonds are likely to perform relative to stocks in that environment, and where he is finding the right mix of risk and reward. Veteran financial journalist Herb Greenberg discusses "Stock Promotions Gone Wild," a recent piece he wrote after seeing company presidents hyping their shares in ways that, historically, executives have avoided, and why such promotions may be a red flag. Plus, David Trainer of New Constructs puts Wayfair back in "The Danger Zone," noting that the stock -- which he previously labeled a "zombie stock" -- remains in among the walking dead, likely on the way to losing nearly all of its value.