Institutional Portfolio Manager for Fidelity’s Global Asset Allocation team, Ilan Kolet, discusses the recent Jackson Hole Symposium and where the GAA stands on the positioning of its funds.  The annual symposium brought to light the rising concern of inflation and the tapering process that is set to begin by year end.  Ilan said from the meeting, the GAA team is thinking about three main issues: the timing around the removal of stimulus, the rising interest of inflation, and the labour market.  Ilan also discusses the level of inflation that would disrupt the equity markets and the differences and the similarities between the US Federal Reserve strategies and the Bank of Canada.

Recorded on August 30, 2021. 

Transcript (PDF): https://www.fidelity.ca/cs/Satellite/doc/transcript_podcast_kolet_30aug.pdf