With the U.S. presidential election just three months away, and the incumbent president stepping down as the Democratic nominee, the race for the White House has taken quite the turn. So how does this race shape up now in terms of the global economy? What will it mean for trade, energy, and geopolitics in Canada? To unpack these issues and more, today we welcome special guest David MacNaughton to the show. David is the former Canadian Ambassador to the United States during the Obama and Trump administrations. He sits down with host Pamela Ritchie and shares his insights on a variety of politic ..read more

US equity markets bounced back at the start of this week following Friday's global IT outage that impacted several industries, and President Joe Biden's decision to drop out of the presidential race has some feeling a greater sense of uncertainty in the markets as the election becomes tighter. So how are the latest market developments influencing today's guests market outlook? Joining the show today to share his latest market thesis, including the macro themes moving markets this week, and what they may mean for you, is Fidelity Director of Global Macro Jurrien Timmer. Despite the various ..read more

Hello, and welcome to FidelityConnects, A Fidelity Investments Canada Podcast. Connecting you to the world of investing, and helping you stay ahead. Today, John Bradley, Director of Emerging Technologies, sits down with host Pamela Ritchie to discuss the benefits of artificial intelligence in the financial services industry. He touches on AI tools for advisors, and the accuracy and relevance of data used by AI. He emphasizes the irreplaceable role advisors play in matching their client’s emotions and responding to changes – something AI cannot do effectively. John also talks about the industry ..read more

Portfolio Manager Don Newman joins the program and sits down with host Pamela Ritchie to discuss the investing outlook for Q3. Don talks about the impact of cooling inflation on dividend stocks, interest rates, and the overall market rotation. Don provides insights on sector-specific trends: how technology is feeling the impact of rate changes, while Energy and Financials might see growth from deregulation. Utilities and infrastructure are seeing an increased demand due to the need for AI and data centers, with infrastructure investments in regions like the Carolinas and Texas looking promisin ..read more

Today on the program, we speak to long-time portfolio manager Steve DuFour who manages the U.S. Focused Stock Fund. Steve shares his perspectives the current inflationary environment, the earnings cycle, and what the upcoming presidential race could mean for the US economy. Steve explains how the U.S. Focused Stock Fund is a concentrated fund comprised of 36 stocks. His niche is finding companies with strong relative earnings. For him, he spends time looking at companies with good balance sheets and good earnings. He’s not necessarily latching onto current trending themes. For him, he meets wi ..read more

With Canada’s annual inflation rate cooling, CPI falling to 2.7 percent in June and slower growth all around, how will this affect the Bank of Canada’s next move? Institutional portfolio manager, Ilan Kolet sits down with host Pamela Ritchie and shares his thoughts on interest rates, inflation, and the Canadian dollar. With the consistent cooling down of inflation, Ilan says this could give the BoC the green light to become less restrictive. He says we will probably see a cut real soon, but he adds, rates will noy go back to the historic lows we’ve seen in the past. He points out that househol ..read more

Fidelity Director of Global Macro Jurrien Timmer is back on the show today to share his latest market thesis, and the macro themes moving markets this week. Jurrien emphasizes that recent economic indicators, including the CPI and jobs reports, suggest that the Federal Reserve may soon begin cutting interest rates, possibly starting as early as September. He explains how this could potentially benefit both bond yields and equities. He points out that inflation has moderated, giving the Fed room to ease monetary policy. Jurrien discusses broader market implications, such as the potential for a ..read more

Institutional Portfolio Manager Abhijeet Singh joins the show today to take us through the current landscape of emerging markets around the world, and to discuss the investment themes shaping Fidelity Emerging Markets Fund. Abhijeet points out that a potential U.S. rate cut could benefit emerging markets by alleviating pressures from a strong dollar and high U.S. rates, which have historically posed challenges. He highlights specific regions like Brazil and Mexico, where maintaining higher interest rates has helped stabilize currencies despite well-controlled inflation. He contrasts the invest ..read more

In today’s episode, we are once again joined by Director of Quantitative Strategy, Denise Chisholm, to discuss sector trends, market movements, and crucial topics in the investing industry. With the recent CPI number out, Denise believes a rate cut is likely. The latest data shows shelter costs aligning with 2021’s level, signaling that inflation pressures are easing. Denise then cautions that the rapid normalization occurring may feel like a recession given its contrast with the past decades conditions. She emphasizes that investors need to stay open-minded and consider diverse factors influe ..read more

Today, we are joined by Portfolio Manager, Morgen Peck, to discuss value investing, opportunities in the international markets, and how the Global Intrinsic Value team co-manages their fund. Morgen begins by describing the Global Intrinsic Value fund as a co-managed fund that benefits from multiple portfolio managers specializing in risk evaluation and idea generation. It is a value fund with a quality tilt, offering strong downside protection during market drawdowns while keeping pace during upswings through quality stock picking. She then notes that there are numerous opportunities in the sm ..read more