Jurrien Timmer's global macro view – April 29, 2024

Fidelity Director of Global Macro, Jurrien Timmer, is back on the show today to discuss various aspects of the current market landscape and keep you up to date with the economic factors at play. Jurrien and host Pamela Ritchie have a conversation about the importance of earnings and interest rates in shaping market dynamics, with Jurrien highlighting positive trends in earnings growth and potential headwinds from rising bond yields. He notes that despite recent geopolitical tensions, the markets have stabilized, with earnings season well underway and interest rates remaining relatively calm. Jurrien also delves into sentiment indicators like investor surveys, and how they can be used to gauge market sentiment. He explores the potential for a cyclical bull market in commodities and offers insights into the near-term outlook for the economy. 

 

Recorded on April 29th, 2024.

 

Today’s podcast is brought to you by the 2024 Fidelity Retirement Report. For the past 19 years, we have delivered the Fidelity retirement report to provide insights and perspectives that can help you feel better prepared for your retirement, whatever that may look like. This year’s report explores how the rising cost of living is factoring into Canadians’ retirement plans and preparedness. Canadians are still positive about retirement, despite the current economic challenges. Considering these challenges, those with a written retirement plan and those who work with a financial advisor to build their savings are more likely to feel prepared. Head to go.fidelity.ca/retirement to receive the report and insights on how you can better prepare for retirement.

 

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