Fidelity Institutional Portfolio Manager Beau Coash joins the show today, to speak with host Pamela Ritchie about his expectations for the Economic Policy Symposium in Jackson Hole, Wyoming. Beau emphasizes the importance of Powell's communication, sharing that Powell's statements and messaging are critical in guiding market expectations and shaping investor sentiment. He highlights the key indicators that investors are watching closely, such as owners' equivalent rent and wage trends. Among other topics, Beau touches on his view of the fixed income market, global investment opportunities in areas such as Brazil or Mexico, the need for investors to embrace market volatility, and the role of central banks in market behaviour and investor decisions. He also discusses his views on duration, and potential scenarios for the future, including the possibility of higher rates. He mentions that demographic factors may lead to a "higher for longer" interest rate environment, and discusses the possibility of investors turning to bonds given the current high yield levels.

Recorded on August 23rd, 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.