Materials stocks are now dominating the mid and smalls index sitting at circa 30%, something that’s only happened twice previously in over two decades.   We’ve got prices soaring from demand shocks from COVID, supply shocks from the Russia and Ukraine conflict, the acceleration of EV adoption driving the lithium rally, gold now back to its safe haven status reaching new heights, and then there’s the ramp up in M&A activity. How long can it last?

In this topical bonus episode Fidelity’s resources analyst Sam Heithersay joins Portfolio Manager James Abela where they ‘dig’ into what’s this means for local and global markets, and where investors can focus to take advantage of the current opportunity.

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This episode was recorded 10 May 2023. Read our full disclaimer.

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