It’s another busy week in the markets and Director of Global Macro Jurrien Timmer shares his insights on the latest market news and moves. Jurrien speaks to host Pamela Ritchie and says the way the markets are tracking, we have confirmed bottom and may not be out of the woods just yet. He says the recent CPI report was softer than expected both on the headline and the core. He says the recent midterm elections could have had something to do with it, but he also points out the seasonality of the midterms and how it has played out historically in the past. Jurrien says also discusses commodities, inflation, and the recent positive meeting between US President Joe Biden and China’s President Xi Jinping.

Recorded on November 14, 2022.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript-podcast-fidelityconnects-jurrien-timmer-nov14-22.pdf

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