he's chris orndorff, senior portfolio manager of western asset management. hi, chris, nice to you have black. >> hi, susie, thanks very much. >> susie: well, let's talk a little bit about this volatility. we have seen days where we've had triple-digit gains in the markets and triple digit huge triple digit losses. what is going to break the cycle? >> well, really it's going to be the problems in europe. the markets will continue to be volatile until that european situation is resolved. and in this environment really the best solution for investors is to focus on income. and i think the best way to do that is look at high-yield bonds. investors should not be fool mood thinking because of low treasury yield that there is knoll vah in bonds. >> we're going to get to your picks in just a moment but let me followup on this european situation. how much longer is this european debt crisis going to weigh on u.s. markets, do you think? >> it could take weeks or months. it's however long it takes to get it resolved. and really if you boil it down to its most base issu

re about a global little later in the program.huw@ nosays the stock market will be2 iuc h2e's chris orndorffhris hi, susie,iuwifu t. >> susie: well, lebit abiuouwito wifu@ility. @eurnoopc earenc 2situationandh resolved2vironment really the investors is to fo and wiuaywi tfuoook at @igh-yieldiuwifu c 2ood thinking becauwifu@noc rec noc l vah in 2>> we're going to a moment this how much longiuthis @ markets,thiniuk?wifu @>no c itretake weeks c remoc nt2hs.itjuwifu takesnoc. and really if you boilase issue, approximating abouju country to gjuivwiefu@ some @juwifu the@noc re countriesfu noc lirekec 2greece do they want to be toldnoc rec s how mu fujundwi emistakes. and those arestions tjuo wianfu@ talk about some ofmendations.oc2 at the top wifu closeju juwifu@no,@noc rec 2 income func rec 2 symbol as we see here on week chart, slijudiwingfu thisis attrajuctw2 greater than 9%.@ nocc orrepoc ra2tions are flush cash.pense is very lowkuent of r what that mean these kubowindfus athan the mart fupri@cing noinc .re to -end@no fc urendc 2 c 2 discount. pick, c 2next year adjusted foratnoioe if there is

he's chris orndorff of western asset management. and with the global economy grinding to a halt, airlines are putting their growth plans on hold. we take a look at the turbulence facing the industry. toys 'r' us says it won't need as many temp workers this holiday season because it won't be opening as many temporary pop up stores. the big toy retailer says it will add 40,000 seasonal workers this year for its stores and distribution centers. that's about 5,000 less than last year. but there's hope for those workers. last year, about 10% of the company's holiday workforce were offered full time jobs. yum brands has found a buyer for its long john silver's restaurant chain. it's l.j.s. partners, a group of franchisees and other investors. yum is also selling its a&w restaurant brand to a franchisee group calling itself "a great american brand." no details on the price of those deals, but yum says the transactions won't have much of an impact on earnings. >> susie: when it comes to teaching your kids about money, how about making it a

our friday "market monitor" is chris orndorff, senior portfolio manager at western asset management. tuesday, federal reserve policymakers begin a two-day meeting on rates. their decision will be released on wednesday. monday, we're one on one with george schultz. we get the former treasury and labor secretary's take on how to fix the economy. >> susie: the net worth of american households fell in the second quarter of this year. household wealth, which is the value of assets like homes minus liabilities like debt, was about $150 billion lower than in the first quarter. the stock market and housing market are to blame, according to the federal reserve report. but not everyone is feeling the pain. the fed says corporations continued to stockpile cash during the spring. >> tom: more questions being raised today about the bankruptcy of solar panel maker solyndra. the white house released emails showing reassurances from the company as recently as may that its finances were strong. meanwhile, a house committee released emails showing concern within the white house over what a solyndra ba