Director of Quantitative Market Strategy Denise Chisholm is back on the program discussing recent data that may affect your portfolio and where advisors might want to look for opportunities in today’s market. Lately, there’s been a lot of uncertainty surrounding the market and recent government numbers may be causing concern for investors. Still, Denise says she doesn’t like to talk about government data because they tend to have very quirky calculations. And these calculations tend to be predictive in terms of the market over long, sustained periods. Denise often adds times at peak levels of uncertainty in the markets could mean opportunity in stocks. She believes mid-caps are the sweet spot right now and she looks for valuation spreads that are wide and relative valuation that is cheap and low. Sectors that are a bit risky are utilities, consumer staples and real estate.

Recorded on October 13, 2022.

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Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript-podcast-fidelityconnects-oc13.pdf