As we enter the second half of 2021, Jurrien Timmer, Director of Global Macro, dives into historical analogs relevant to today's moments in the markets. Jurrien shares with host Pamela Ritchie what he has observed so far throughout 2021, and he notes that markets have essentially discounted everything correctly. Jurrien unpacks the growth to value rotation that has been taking place within the past six months. He shares that we see a counter-rotation since bond yields have peaked and are now starting to moderate. Jurrien also looks at unemployment rates in the U.S., U.S. fiscal stimulus, and if a correction may be likely in the future. Follow along with Jurrien's charts on Twitter: @TimmerFidelity
Recorded on June 14, 2021.