The latest jobs report out of the U.S. came in much stronger than expected, continuing to show just how resilient the U.S. economy is. And as market participants analyze the recent string of economic reports for guidance, some economists aren’t so sure the outlook is as sunny as anticipated. With market uncertainty lingering, it’s important for investors to stay vigilant as they navigate uncharted waters. Though inflation is falling, will it fall as quickly as central banks are hoping for? And which asset classes or regions may offer opportunity in 2023? Today we’re joined by portfolio manager David Tulk, to answer these questions and more. David is part of Fidelity’s Global Asset Allocation team, which manages several multi-asset funds for Canadian investors, including the Fidelity Managed Portfolios suite. With host Bryan Borzykowski, David dives into where inflation could settle. He believes based on various data points that we have hit peak inflation, so now will it settle at a friendly 2% level, or above the Central Bank’s target? Among other topics today they unpack if we’re going into a recession, and how the traditional 60/40 portfolio continues to live, but what should go into the ‘40’ is the bigger question.

Recorded on February 7, 2023.

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