T Rowe Price's McCormick: U.S. investors are underinvested in bonds

Andy McCormick, head of global fixed income/chief investment officer at T. Rowe Price, says that investors are 'cyclically underinvested in fixed income for a long time,' due to the low yields that were available, and they are also under-represented in foreign bonds -- which are not facing the inverted yield curve that's happening here -- and so diversifying into safe domestic and foreign bonds makes sense as a way to ride out current volatility. Julie Ramhold of DealNews.com sets us up for the coming Amazon Prime Days, and what investors should expect to save big on and how Amazon's competitors will also offer good deals to watch for, Matt Brannon discusses a recent survey by Clever Real Estate which showed that nearly 60 percent of millennials are spending more than 30 percent of their income on housing, and that many members of that generation don't think they will ever be able to afford a home. And in the Market Call, Simon Lack of SL Advisros and the American Energy Independence Index talks midstream and energy companies.