Saturday, October 21, 2023
THIS IS AN ARCHIVED PRESENTATION FROM THE ABOVE DATE
ARCHIVE MATERIALS
China emerging from Hibernation? Russia Breathing Fire? Have Inflation and the U.S. Economy Peaked? Where Go Economies and Markets?
As the war in Ukraine lingers, China is emerging from its draconian zero-Covid policy, and the U.S. economy is struggling to avoid recession, Fidelity Investments’ Bruce Johnstone will share his outlook for global economies and markets, with emphasis on corporate profit growth, inflation, interest rates, liquidity, and market valuations, given the enormity of the current geopolitical developments.
You will learn…
Between degrees from Harvard College and Harvard Business School, Bruce Johnstone served two years in the U.S. Navy as an officer on a Destroyer. He joined Fidelity Investments in 1966. From 1972-1990, he managed the Fidelity Equity-Income Fund. During that period, the fund achieved a return of over 1100%, nearly twice that of the S&P 500 index. This return ranked him as the #1 equity-income fund manager in the nation for the 19-year period. In 1987, he was named America’s Best Income Investor by Money Magazine. Eric Kobren, former publisher of Fidelity Insight, has said Johnstone ranks “a close second” to Peter Lynch as Fidelity’s best all-time fund manager.