Jurrien Timmer, Fidelity's Director of Global Macro, is back on the show today to discuss the current state of the markets and the economic factors affecting them. Jurrien points out that while markets frequently experience drawdowns, it's important to see these movements in context. For example, the S&P 500's recent 6% drop follows a significant rally. He speaks to the role of rising interest rates and their impact on market dynamics, highlighting a shift in the stock-to-bond correlation from negative to positive, which historically indicates less favorable conditions for equities. He als ..read more

Today on the show, we welcome Portfolio Manager Kyle Weaver. He provides an update on where he is finding growth investment opportunities in U.S. equity markets. Kyle discusses the early recognition of AI potential and its diverse applications, including coding languages and its various generative capabilities. Kyle explains his strategy of balancing growth and value, stating that the best way to find value is through identifying growth stocks that are undervalued over time. The investment approach utilizes a spectrum of targets, including growth stocks, index-based growth companies, and out-o ..read more

ETF strategist Étienne Joncas-Bouchard joins the show today to discuss the latest trends in the ETF industry. Étienne notes Canada's innovation in ETFs, including offerings like crypto, and how his team stays ahead by reacting to market changes. He discusses factors like quality and momentum when it comes to navigating market cycles, alongside the role of All-In-One ETFs in providing diversified exposure. He also explains the inclusion of Bitcoin in ETF portfolios, highlighting that this is a strategic decision based on diversification benefits and risk-adjusted returns. The conversation also ..read more

On today’s show we’re unpacking the various factors driving the bitcoin and digital currencies conversation. Sitting down with host Pamela Ritchie is Andrew Clee, VP Product, as he discusses recent trends in digital currencies, the different players in the market and regulatory changes that could have implications for the asset class, and what this could mean for investors. Looking at bitcoin specifically we’ve seen new highs this year, but historically volatility as well. From early adopters, to hodlers, to retail and more, there is a lot to unpack today. Recorded on April 2, 2024.   At ..read more

Today on the program, we welcome back Paul Ma, Vice president and lead portfolio strategist. He talks about where we are in the business cycle and what this means for portfolio construction. Paul comments on a running theme in the markets right now that he says is the “fear of missing out.” He believes investors will look back on the market last year where US equities were up 26 percent and not want to miss on that this year. He says inflows are now into equity.  If investors have missed out on a previous rally, clients are more willing to put forth their money because they do n ..read more

Today we bring you a special extended episode of Fidelity Connects, focusing on the 2024 federal budget, released on April 16. We are featuring a panel of experts to break down the economic, tax, and political implications of the 2024 federal budget and what it all means for Canadians and their finances. Host Pamela Ritchie leads the discussion and is joined by Peter Bowen, Fidelity’s Tax and Retirement expert, fresh from the Ottawa budget lock-up. Andrew Clee, Fidelity VP Product, provides insights on what the budget means for the markets and the economy. Also joining us today is David Herle ..read more

We’re joined again today by Director of Global Macro, Jurrien Timmer, for his global macro perspectives of the markets. He breaks down with the latest geopolitical tensions in the Middle East could mean on economies and why it’s important to have a investment plan and stick with it. Jurrien says consumer consumption remains strong even with geopolitical tensions rising. He says even though news headlines could make people nervous, he says in terms of your investments, you must remain unemotional and disciplined. Stick to the fundamentals and focus on rebalancing. Jurrien adds the market is dow ..read more

Today on the show, we welcome equity research analysts Robert Reynolds and Claire Fleming. They break down what’s shaping the industrials and materials sectors, and what’s on their radar as we head into the second quarter. Robert and Claire provide an update on the copper supply story, explaining that there have been significant changes in the outlook since November of last year. Concerns were previously focused on how higher interest rates might impact demand in areas such as renewables and electric vehicles, although the biggest change has been in the supply outlook. This has caused challeng ..read more

The Bank of Canada held the key interest rate at 5% in the April 10th announcement. Inflation is slowing and Tiff Macklem, Governor of the BOC tipped that a June rate cut may be “within the realm of possibilities”. Joining host Pamela Ritchie for a special interview today to is Don Drummond, former TD Bank Chief Economist, who will breaks down what this latest Bank of Canada decision means for inflation, industry trends and financial markets. Recorded on April 11, 2024.   At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer invest ..read more

Today on the show, we welcome back Director of Global Macro Jurrien Timmer for his weekly market perspectives. He discusses market trends, bond performance, and investment strategies. Timmer notes that the market has been driven by liquidity, with the Fed’s balance sheet and Treasury cash balances affecting the repo market and causing knock-on effects for the stock market.  He discusses the shift in power from monetary dominance to fiscal dominance, with bonds experiencing a regime change. Timmer suggests that investors should focus on diversification by investing in uncorrelated ass ..read more