Director of Global Macro, Jurrien Timmer, reminds us the market only goes up 60% of the time, so having a strategy for the other 40% of the time is one of the most important things an investor can do. As he’s commented on in past shows, Jurrien also looks at inflation pressures, and actions by the U.S. Federal Reserve. Diving into earnings and P/E ratio, Jurrien shares we’re starting to see slowing earnings growth and no longer a P/E tailwind, with the market progressing from early-cycle expansion and into mid-cycle expansion. Jurrien also looks at energy, bitcoin, and host Pamela Ritchie poses an important question right now – could tensions in the Chinese markets spill out globally, and to what extent are these tensions affecting trade and supply chains? Head to @TimmerFidelity on Twitter to follow along with a few charts.

Recorded on October 12, 2021.