John Hancock's Roland: The buying opportunity now is in bonds

<p><a name="m_2946115336621555899__Hlk138334204" id= "m_2946115336621555899__Hlk138334204"></a>Emily Roland, co-chief investment strategist at <a href="https://jhinvestments.com">John Hancock Investment Management</a>, says that there is a lot of value opening up in fixed income, allowing bonds to do "more heavy lifting" in a portfolio than in recent years. She notes that bonds will ride out the choppy market until a recession sets in and yields fall <a name="m_2946115336621555899__Hlk138334204" id= "m_2946115336621555899__Hlk138334204"></a>precipitously<a name= "m_2946115336621555899__Hlk138334204" id= "m_2946115336621555899__Hlk138334204"></a>, at which point bond prices will rise, goosing returns amid an economic contraction. Roland made it clear she does not believe in a no-landing" outcome, but she says "the time to prepare a roof is when the sun is shining," and investors should be working on their portfolios now. Also on the show, financial advisor <a name= "m_2946115336621555899__Hlk138334204" id= "m_2946115336621555899__Hlk138334204"></a>Chris Collins discusses the latest results from <a href= "https://northwesternmutual.com">Northwestern Mutual's</a> 2023 Planning and Progress Study, which showed that even millionaires -- and a surprising number of them -- <a href= "https://news.northwesternmutual.com/2023-09-12-Northwestern-Mutual-Research-Shows-that-Nearly-Half-of-American-Millionaires-Believe-Their-Financial-Plans-Need-Improvement,-and-a-Third-Think-They-Could-Outlive-Their-Savings"> worry that they will outlive their money</a>, Chuck discusses how podcast host "Dr. Matt, the Cash-Flow King" wound up being charged this week with running a Ponzi scheme, and Will Rhind of <a href="https://graniteshares.com">GraniteShares</a> discusses "disruptive stocks" in the Market Call.</p>