Naveed Rahman, institutional portfolio manager, shares his outlook on the global markets, and discusses fund positioning of Fidelity Global Intrinsic Value Class. The fund is managed by legendary investor Joel Tillinghast, and Naveed shares they’ve added more traditional banks, financials, and some consumer credit names to the fund. Naveed also discusses the Jack Hole Symposium, tapering, inflation, and the potential implications on the markets as concerns of the Delta variant spread. Naveed notes employment numbers are strong. Reports month-after-month show a tick up in consumer prices, which all indicate that the U.S. will reduce monetary support at some point.

Recorded on August 26, 2021.