February has been a volatile month for markets following a number of inflation prints. And while there are signs that inflation is coming down, it is still sticky. Our guest today is portfolio manager Don Newman who reminds us it’s important to have something to offset inflation in your portfolio. So why are dividends the best option in today’s environment? And what economic data should you keep an eye out for? Don, who manages Fidelity Dividend Plus Fund for Canadian investors, answers these questions and more, with host Pamela Ritchie today. Don also looks at what is happening in today’s markets, and what might be next from the Federal Reserve and Bank of Canada. He reflects on the journey we’ve had from record low interest rates, into the peak of the pandemic and the associated stimulus, now on to higher interest rates and having seen higher inflation. Don shares that dividends can help maintain the purchasing power of your savings, providing yield plus growth. Also, looking at earnings season today, among other topics, Don shares which sectors and industries he is finding with attractive growth, as more companies are showing negative revisions.

Recorded on February 28, 2023.

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