Today we’re shining a light on personal finance trends for Canadians, with a special guest expert on the topic, Rob Carrick, journalist, author and podcast host. Rob is personal finance columnist at The Globe and Mail, and has spent 27 years with them. His in-demand insights can be found in his newsletter “Carrick on Money”, available twice weekly. Rob joins host Bryan Borzykowski to share the personal finance topics and trends he’s focused on right now and in the months ahead.

Recorded on June 21, 2023.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

Today we check in with Fidelity’s director of Quantitative Market Strategy, Denise Chisholm, to discuss all things ranging from the fed pause and the risks of future rate hike shocks, to what she is seeing in today’s market makeup, and which sectors are coming out on top through this time of relative uncertainty. Denise explains that, while the pause was a consensus decision from the Fed, there is still the possibility of future rate hikes due to concerns about inflation. However, looking at the data, she is seeing a much more modest picture of inflation than the Fed’s actions might suggest, and no strong correlation between rate hikes and recessions. The focus should instead be on potential shocks to the consumer.  Denise also takes a look at the actions of central banks globally, and addresses concerns about the possibility of policy mistakes, and raising rates too quickly. She highlights historical patterns and suggests that while the timing of a recession is uncertain, the most important thing for investors during this time is to focus on market lows and the ability of stocks to overcome pessimistic sentiments.

Recorded on June 20, 2023.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

This episode is focused more on content and insights the average Canadian investor would find helpful. If you’re a financial advisor, you may find last week’s episode with both Michelle and Peter Bowen more relevant, where they look at the 2023 Retirement Report with an advisor’s lens. For 18 years now, Fidelity has been surveying Canadians about their retirement plans and preparedness. Year over year a main takeaway is the value of a written retirement plan. Today we’ll unpack which highlights and trends stood out this year, relative to prior surveys, including the affects that a rising cost of living, market uncertainty, inflation, and more, have on retirement preparedness. Investor behaviour is changing, and here to help us understand more is one of the authors of the report, Michelle Munro, Director, Tax and Retirement Research, who joins host Emily Anonuevo. If you would like to receive your own copy of the report, please head to https://go.fidelity.ca/retirement

Recorded on June 21, 2023.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

On today’s podcast, we’re taking a break from our regular content to welcome back Jessie Sarafian, host of Fidelity Canada’s Invested in Wellness podcast and live webcast, who will lead us in an effective exercise preparing for quality sleep. As you prepare your body for rest, take a full body scan, and release any blockages from your mind. Slow things down as Jessie guides us through a deep meditation to unwind and settle the body and mind for sleep.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

On the podcast today, Director of ETFs Andrei Bruno unpacks the current ETF landscape, and discusses emerging trends that are on his radar.  Andrei explains to host Bryan Borzykowski that Bank of Canada rate hikes weren’t a shock to the market, and inflation in both the U.S. and Canada remain above the 2% target. The European Central Bank, however, faces worse inflationary pressure, with inflation continuing to run higher than their 2% projection.  As consumption slows, Andrei explains, the extent and outcome of economic cooling will depend on various factors including the effectiveness of central bank policies, consumer behaviour, and global economic conditions.

Recorded on June 20, 2023. 

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

Joining us on the podcast today is Equity Research Analyst Thomas Goldthorpe, to discuss higher commodity prices, global energy market trends, and the energy transition themes he sees heading into the summer. From a commodities perspective, Thomas explains to host Pamela Ritchie that the big picture remains the Fed’s attempt to lower inflation. Lower economic activity, and by extension lower energy demand, is a potential headwind over the next few years that he says investors must be aware of. Turning to natural gas markets, Thomas says that an increase in supply over the last six months has led to a depression of natural gas prices, but that increases are expected in both 2024 and 2025.

Recorded on June 16, 2023.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

Today on the podcast, we check in with Fidelity Investment Director Tom Stevenson. He discusses increases in both employment and annual wage growth, its implications for the European Central Bank, and where investors can find opportunity in a higher interest environment. Tom speaks to host Pamela Ritchie and explains that wage growth is still very strong in the UK, despite slow GDP growth at 0.1% quarter on quarter. With UK interest rates sitting at 4.5%Tom predicts that the Bank of England will raise rates by another quarter point. Tom discusses AI and says that while AI has the potential to become a transformative technology, it could also have negative implications for job losses and other labour market disruptions. As seen in the airline industry, Tom emphasizes that technological revolutions can change the world, but not necessarily the fortunes of investors.

Recorded on June 14, 2023.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

This episode is focused on content for financial advisors. Investors, stay tuned for an upcoming episode where Michelle looks at the 2023 Retirement Report with an investor’s perspective.  For 18 years now, Fidelity has been surveying Canadians about their retirement plans and preparedness. Year over year a main takeaway is the value of a written retirement plan. Today we’ll unpack which highlights and trends stood out this year, relative to prior surveys, including the affects that a rising cost of living, market uncertainty, inflation, and more, have on retirement preparedness. Host Kelly Roberts is joined by the authors of the report, Peter Bowen, VP, Tax and Retirement Research, and Michelle Munro, Director, Tax and Retirement Research. If you would like to receive your own copy of the report, please head to https://go.fidelity.ca/retirement

Recorded on June 15, 2023.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

Joining the podcast today is portfolio manager Hugo Lavallée. For Canadian investors, Hugo manages Fidelity Canadian Opportunities Fund, Fidelity Greater Canada Fund, and Fidelity Climate Leadership Fund. Today, Hugo discusses the extent to which he hears recession concerns within corporations, and how much these concerns might bleed into consumer stocks. Hugo explains to host Pamela Ritchie that markets are unusual right now, because returns are highly concentrated, as is the case with the S&P 500. He says that as a contrarian investor, although his funds have over 100 holdings, he has a higher concentration with the top 10-20 stocks, so his strategy is to see what has been left behind, especially in the Greater Canada Fund. Hugo discusses how Fidelity engages in discussions with companies to encourage them to pivot business models to accommodate an economic environment with higher interest rates. He says companies need to focus on profitability and returning value to shareholders, especially considering they are competing against a risk-free rate of 5%.

Recorded on June 7, 2023.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

With the Federal reserve expected to put a pause in rate hikes this week and the markets seemingly moving along, we check in with Director of Global Macro Jurrien Timmer. He unpacks the recent market moves and helps us understand what’s happening beyond the headlines. And per usual, Jurrien will do this with his popular charts. You can follow along using @TimmerFidelity on Twitter. Jurrien shares his views on the markets commenting that the US economy has proven to be quite resilient and seems to have become less interest rate sensitive. In terms of a recession, Jurrien says it has been rescheduled for the time being. And he shares his thoughts on a bull market. He says not quite - there are still three things he needs to see in order to call a bull market - a path to an earnings recovery, a path to the end of the rate cycle, and better market breadth.

Recorded on June 12, 2023.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.