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Podcast: Money Life with Chuck Jaffe
Episode: Fidelity's Timmer: 'Global bull market' has offsets to overcome its challenges
Description: Jurrien Timmer, director of global macro at Fidelity Investments, says that the market has been dealing with "cross-currents," where concerns about tariffs increasing inflation have been offset by declining oil prices, and where a lack of rate cuts has been countered by record corporate profits. It all combines to create a market that Timmer says can get past the concerns to deliver modest gains moving forward; he makes a case for domestic markets, noting they are not as overvalued as investors might expect after several big years and that they are not facing significant recession or downturn potential. Â