Today we welcome Andrew Marchese, Chief Investment Officer and Portfolio Manager at Fidelity Canada. Andrew provides his outlook and insights into the market landscape for 2023. He says the big story last year was rising inflation. For 2023, the story will be the manifestation of inflation. He adds that 2023 will be all about homework. He explains that now is the time to do your research on a micro level. If the homework is done properly, we’ll be ready for a new economic cycle. Andrew says the market will ebb and flow this year and even though headlines will sound bad, there are always opportunities if you look hard enough. Andrew says he’s looking out on a multi-year horizon rather than what will happen in the next three to six months.
Recorded on January 12, 2023.
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