Joining us on the program today is director of research and portfolio manager Joe Overdevest. Joe touches on the energy sector and financials and explains what he believes is moving the markets right now. He points out that Canada is looking pretty good right now adding that it had a great start to the year and economic data coming in is very promising. Joe also touches upon earnings, which have been slow in recent quarters, but are showing improvement. He adds the market is currently valued at around 20 times earnings and the S&P is at 18 times. He also discusses China's slow economic growth, how it's affecting business owners and could potentially affect global supply chains.

Recorded on July 18, 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.