The cost of capital is reacting to the Fed’s hawkish tone with treasury yields, corporate yields, and mortgage rates all up significantly since September 2021. But a disconnect between the discount rate and the earnings yield could result in a reverse wealth effect. We’re joined by Fidelity’s Director of Global Macro, Jurrien Timmer, to discuss what all of this means and to make sense of the current market environment using historical analogs. Per usual, Jurrien has a few charts so please head to @TimmerFidelity to follow along.

Recorded on April 11, 2022.

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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

Geopolitics and monetary policy aimed at combatting surging inflation has been dominating headlines of late – prompting investors to re-evaluate their positions amid increased volatility and changing market dynamics. Here at home, we wonder what the outlook is for various sectors like financials and energy. Joining us on today’s episode to help us avoid the clutter and keep us focused on what matters is Andrew Marchese, Fidelity Canada Chief Investment Officer and Portfolio Manager. As CIO, Andrew leads a team of portfolio managers, analysts, traders, and other investment professionals. And today with host Pamela Ritchie, Andrew shares his views on the markets - which includes noting that quantitative tightening and monetary policy will be major themes in 2022, and that as the economic cycle matures, high quality stocks, from a balance sheet and a business model perspective, tend to get rewarded.

Recorded on April 6, 2022.

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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

We’re joined today by Catherine Yeung, Hong Kong based Investment Director with Fidelity International. Catherine works closely with Portfolio Manager Jing Ning of Fidelity China Fund. From semiconductors and electronics to financials and auto manufacturing, Shanghai is a global economic powerhouse, a hub for many multinational companies, and the world's busiest shipping port. But recently, the city has faced a spike in COVID cases that has led to a complete lockdown of its over 25 million residents - China's largest since the pandemic began. This lockdown could have widespread implications for the world's second largest economy, with consumer spending down and short-term supply chain disruptions rippling through the country. Catherine shares her perspectives today with host Pamela Ritchie on what investors need to know about investing in China in the current economic environment. Additionally, Catherine and Pamela discuss China’s zero-COVID strategy, geopolitical considerations, and where she’s seeing opportunities in the country in the months ahead.

Recorded on April 5, 2022.

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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

Denise Chisholm, Director of Quantitative Market Strategy, joins us again for another instalment of her frequent sector and factor watch. The recent inversion of the U.S. yield curve has investors on edge, as traditionally a recession or economic slowdown follows yield curve inversions. But, what is it signalling this time? Denise unpacks this today with host Pamela Ritchie, in addition to her usual look at sectors and factors making news in today’s markets. Housing is also discussed today, which is a major topic that is always on the minds of Canadians and Americans.

Recorded on April 5, 2022.

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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

With inflation continuing to ripple through the economy, investors have increasingly been looking to position their portfolios for income and capital appreciation, and one strategy that has been gaining traction is dividend investing. We’re joined today by Don Newman, a veteran portfolio manager at Fidelity Investments Canada, who is also Director of Research, managing an ever growing team of Equity Research Analysts. For Canadian investors, Don manages Fidelity Dividend Plus Fund, as well as the equities subportfolio on several funds including Fidelity Monthly Income Fund. Don and host Pamela Ritchie discuss how have dividends performed throughout this inflationary period, and why investors may consider dividends as part of their portfolios. Additionally, Don shares his thoughts on utilities, financials and energy.

Recorded on April 5, 2022.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript_podcast_fidelityconnects_newman_apr5.pdf

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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

The 2022 federal budget was tabled on Thursday April 7. From action on housing affordability to new taxes, there is a range of measures that will impact the economy and the markets, as well as financial advisors and investors. So what do you need to know? And what are the main themes that Fidelity’s experts are focusing on? Here to share their insights and analysis is Peter Bowen, VP, Tax and Retirement Research, Michelle Munro, Director, Tax and Retirement Research, David Tulk, Portfolio Manager on Fidelity’s global asset allocation team, and Andrew Clee, VP of Product. The panel breaks down the budget with host Pamela Ritchie, with particularly attention to items that affect financial advisors and their clients. This discussion was originally presented as a live webcast, with the panel also taking questions from the audience.

Recorded on April 8, 2022.

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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

Given the uncertainty that has dampened market sentiment in recent months, what should investors be thinking about when it comes to managing volatility in the current market environment? At a time when central banks are grappling with persistently higher inflation, and geopolitical stresses are affecting market mechanics and economic growth, investors are wondering how far will central banks be willing to go in monetary policy normalization. We’ll answer that question today with portfolio managers David Wolf and David Tulk, from Fidelity’s global asset allocation team, the group behind many multi-asset class funds for Canadian investors, including the Fidelity Managed Portfolios suite, and Fidelity Inflation-Focused Fund. Also today with host Pamela Ritchie, David Wolf and David Tulk discuss if the outlook for emerging markets has changed, and will the disruption in global supply chains and higher energy prices act as a brake on the world economy? They’ll also summarize where they are seeing opportunities in the second quarter of 2022, and how they may be repositioning their funds accordingly.

Recorded on April 5, 2022.

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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

In March, Federal Reserve Chairman Jerome Powell asserted that he and his colleagues hoped that interest rate increases would help the economy achieve a soft landing, with inflation coming down and unemployment holding steady. But inflation is higher, the labour market is tighter, and real rates are more negative than in past periods when the Fed raised rates without causing a recession. So what are the odds that a soft landing is actually possible? And what does history tell us about the various scenarios we could see playing out in the coming months? We’re joined again today by Fidelity’s Director of Global Macro, Jurrien Timmer, to make sense of the latest data he is watching, along with relevant historical analogs. Also, per usual, Jurrien will be sharing some charts, so please head to @TimmerFidelity on Twitter to follow along.

Recorded on April 4, 2022.

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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

Bobby Barnes, Head of Quant Index Solutions, joins us again for a look at factors in focus right now. Lately we’ve also heard about sectors and factors from Etienne Joncas-Bouchard, Denise Chisholm, and others. Today, Bobby points out to host Pamela Ritchie that a Fidelity advantage is that there is no “house view”, and there are complementary and contrasting views on all topics, which leads to some engaging discussions. Also today, Bobby looks at the probability of a mid-cycle slowdown in 2022, and how consumer’s purchasing power is being pinched due to the differences in wage growth and inflation. Additionally, Bobby highlights it is important to look at companies with positive earnings revisions, noting some factors with positive earnings revisions include Momentum, Low Volatility, and Quality.

Recorded on April 1, 2022.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript_podcast_fidelityconnects_barnes_apr1.pdf

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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

It’s no surprise that market sentiment in recent months has in many ways been shaped by negative news coverage, from high inflation and volatility to geopolitical conflicts and supply chain issues. But the headlines don’t tell the whole story of all the dynamics at play. Denise Chisholm, Director of Quantitative Market Strategy, joins us again today. Denise is a student of history who uses historical probability analysis when looking at the markets, and today she joins us for her sector watch - highlighting the sectors, factors, and underlying indicators investors should be monitoring to evaluate the strength of the markets. A few main topics discussed today include emerging markets valuations, energy and crude oil prices, financials, health care, and tech.

Recorded on March 31, 2022.

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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.