FidelityConnects

High inflation and holiday spending – Andrew Hall and Brendan Cochrane


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It’s the holiday season and it’s normally a busy time for retailers and consumers as they prepare to sell and purchase holiday gifts. With Canada’s inflation rate sitting at high of 6.9%, how cautious will consumers be, and will retailers feel the brunt of inflation? We’re joined today by two experts to answer these questions and more – Fidelity equity research analysts Brendan Cochrane and Andrew Hall. Brendan and Andrew join host Bryan Borzykowski for a look at what’s shaping the consumer discretionary and consumer staples sectors. This includes looking at gas, groceries, mortgage rates, and other key focuses for Canadian investors as we wrap up 2022. They comment on consumer trends seen this year, including surrounding November’s Black Friday and Cyber Monday, and what we could expect to see on Boxing Day. They’ll also look ahead to 2023, looking at developing trends, and areas of investment opportunity.
Recorded on December 14, 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. 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.
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