Fidelity Viewpoints: Market Sense

Everyone knows the AI story, but fewer people are talking about what's standing in its way. On this episode of Market Sense, we explore the less talked about side of the AI boom: the bottlenecks that are shaping the next phase of growth. A Fidelity portfolio manager discusses where demand is outpacing supply across the AI ecosystem, why those pressure points matter, and how they can create potential investment opportunities. We'll also examine how quickly these bottlenecks can shift and what that could mean as the AI buildout continues. <br/> If you would like to research or learn more about the fund managed by this week’s Market Sense guest, <a href=https://fundresearch.fidelity.com/mutual-funds/summary/316389402?ccsource=marketsenseCTA>click here</a>. <br/> Read the <a href=https://media.fidelity.com/assets/Fidelity.com_VMS/214/615/090126_Market-Sense_PODCAST.pdf>full transcript</a> <br/> View the <a href=https://www.fidelity.com/bin-public/600_Fidelity_Com_English/documents/learning-center/090126_Market-Sense-download.pdf>slides</a> <br/> Watch the <a href=https://www.fidelity.com/learning-center/live-pi?ccsource=090126podcast>video replay</a> <br/>

A surprisingly strong Q2 earnings season is helping to drive the market to new highs, with leadership once again expanding beyond the biggest tech names. On this episode of Market Sense, our Fidelity leaders will explore how the AI story is evolving and why a broader group of sectors like financials, health care, and industrials are benefitting from the new technology. They'll also examine how uncertainty surrounding interest rates, inflation and energy prices could impact the markets in the months ahead. <br/> Your questions <a href=http://fidelity.com/learning-center/personal-finance/market-sense-investor-questions?ccsource=marketsenseCTA>answered</a>. Our Fidelity leaders tackle the most common questions from viewers about investing themes, the economy, and the markets. <br/> Read the <a href=https://media.fidelity.com/assets/Fidelity.com_VMS/960/863/8.18_Market_Sense_PODCAST_Transcript_FINAL.pdf>full transcript</a> <br/> View the <a href=https://www.fidelity.com/bin-public/600_Fidelity_Com_English/documents/learning-center/081826_MarketSense-download.pdf>slides</a> <br/> Watch the <a href=https://www.fidelity.com/learning-center/live-pi?ccsource=081826podcast>video replay</a> <br/>

Biotech stocks have been quietly outperforming technology companies for over a year now, and some investors believe the rally is just getting started! On this episode of Market Sense, a Fidelity portfolio manager joins us to discuss the innovation driving this industry, including advances in obesity drugs, cancer treatments, and other cutting-edge therapies. We'll also examine the impact of AI in the biotech space, and the growing wave of mergers and acquisitions that have created new opportunities across the industry.<br/> If you would like to research or learn more about the fund managed by this week’s Market Sense guest, <a href=https://fundresearch.fidelity.com/mutual-funds/summary/315912303?ccsource=splashemail3>click here</a> <br/> Read the <a href=https://media.fidelity.com/assets/Fidelity.com_VMS/175/703/081126_MS_Podcast_Transcript.pdf>full transcript</a> <br/> View the <a href=https://www.fidelity.com/bin-public/600_Fidelity_Com_English/documents/learning-center/081126_Market-Sense_download.pdf>slides</a> <br/> Watch the <a href=https://www.fidelity.com/learning-center/live-pi?ccsource=081126podcast>video replay</a> <br/>

Market volatility is unavoidable in retirement. The goal isn't to change your lifestyle or take from your portfolio downturns; it's to build a retirement income and investment strategy that allows you to stay invested through the ups and downs. On this episode of Market Sense, we explore ways to cover essential expenses, how to help keep your money growing, and strategies for managing RMDs. Plus, get the latest market news and insights, all in just 20 minutes. <br/> Whether you're about to retire or already enjoying retirement, explore <a href=https://www.fidelity.com/retirement/transition-to-retirement/investing-retirement?ccsource=marketsenseCTA>investment strategies</a> that can help make your savings last by managing inflation, covering expenses and potentially grow your wealth. <br/> Read the <a href=https://media.fidelity.com/assets/Fidelity.com_VMS/485/339/080426_Market-Sense_PODCAST.pdf>full transcript</a> <br/> View the <a href=https://www.fidelity.com/bin-public/600_Fidelity_Com_English/documents/learning-center/080426_Market-Sense-download.pdf>slides</a> <br/> Watch the <a href=https://www.fidelity.com/learning-center/live-pi?ccsource=080426podcast>video replay</a> <br/>

Investors are looking for clues about the future of interest rates under new Fed Chair Kevin Warsh. On this episode of Market Sense, we discuss Warsh’s new initiatives and priorities and what they could mean for the markets. Plus, Fidelity Total Bond Fund Co-Manager Julian Potenza shares where he sees opportunity across the bond market, whether it may make sense to move from cash into bonds, and how bonds can help provide income and diversification in the second half of 2026. <br/> If you want more insights from our Fidelity portfolio managers, regarding potential investing opportunities and risks, bookmark this <a href=https://www.fidelity.com/viewpoints/investing-ideas/portfolio-manager-insights?ccsource=marketsenseCTA>page</a> for the latest articles and videos. <br/> Read the <a href=https://media.fidelity.com/assets/Fidelity.com_VMS/480/34/072826_Market-Sense-PODCAST.pdf>full transcript</a> <br/> View the <a href=https://www.fidelity.com/bin-public/600_Fidelity_Com_English/documents/learning-center/072826_Market-Sense_download.pdf>slides</a> <br/> Watch the <a href=https://www.fidelity.com/learning-center/live-pi?ccsource=072826podcast>video replay</a> <br/>

2026 has been the year of emerging markets, with the asset class among one of the strongest-performing areas of the market so far. But is this resurgence just a short-term rally, or could it signal the start of a longer-term opportunity? <br/> On this episode of Market Sense, a Fidelity portfolio manager explains the forces driving emerging markets higher, from the critical role Asian semiconductors are playing in the AI buildout to innovation trends happening in China. We also discuss the key opportunities, risks, and diversification benefits investors should consider when evaluating emerging markets in their portfolio. <br/> If you want more insights from our Fidelity portfolio managers regarding potential investing opportunities and risks, bookmark this <a href=https://www.fidelity.com/viewpoints/investing-ideas/portfolio-manager-insights?ccsource=marketsenseCTA>page</a> for the latest articles and videos. <br/> Read the <a href=https://media.fidelity.com/assets/Fidelity.com_VMS/797/3/072126_PODCAST_MarketSense.pdf>full transcript</a> <br/> View the <a href=https://www.fidelity.com/bin-public/600_Fidelity_Com_English/documents/learning-center/072126_Market-Sense_download.pdf>slides</a> <br/> Watch the <a href=https://www.fidelity.com/learning-center/live-pi?ccsource=072126podcast>video replay</a> <br/>

The first half of 2026 has been a historic year for small-cap stocks, which have delivered their best performance in 35 years! On this episode of Market Sense, a Fidelity portfolio manager breaks down the key forces behind the small-cap comeback, and how trends like infrastructure spending and reshoring can benefit from this asset class, and how small-cap stocks can enhance portfolio diversification. <br/> If you want more insights from our Fidelity portfolio managers regarding potential investing opportunities and risks, bookmark this <a href=https://www.fidelity.com/viewpoints/investing-ideas/portfolio-manager-insights?ccsource=marketsenseCTA>page</a> for the latest articles and videos. <br/> Read the <a href=https://media.fidelity.com/assets/Fidelity.com_VMS/274/631/071426_PODCAST_MarketSense.pdf>full transcript</a> <br/> View the <a href=https://www.fidelity.com/bin-public/600_Fidelity_Com_English/documents/learning-center/071426_Market-Sense_download.pdf>slides</a> <br/> Watch the <a href=https://www.fidelity.com/learning-center/live-pi?ccsource=071426podcast>video replay</a> <br/>

You asked, we answer! On this episode of Market Sense, we are compiling all the top questions submitted by viewers every week and taking them to our guests. From the many different ways to consider thinking about the AI buildout, to potential opportunities in emerging markets, to questions about how much cash to set aside in retirement. Fidelity leaders will tackle it all. Plus, the latest market headlines in 20 minutes. <br/> We’d love to hear what you think! Take a minute to fill out our short <a href=https://app.sli.do/event/fJr21B2RpxYuMDevTjQKQX/live/polls/?ccsource=marketsenseCTA>feedback survey</a> — to help us make Market Sense even more valuable to you. <br/> Read the <a href=https://media.fidelity.com/assets/Fidelity.com_VMS/642/950/062326_PODCAST_MarketSense.pdf>full transcript</a> <br/> View the <a href=https://www.fidelity.com/bin-public/600_Fidelity_Com_English/documents/learning-center/062326_Market_Sense_download.pdf>slides</a> <br/> Watch the <a href=https://www.fidelity.com/learning-center/live-pi?ccsource=062326podcast>video replay</a> <br/> Fidelity has hired Slido to collect the responses generated by the survey in this event. Fidelity and Slido are independent entities and are not legally affiliated. Neither Fidelity nor Slido will use your feedback for individual marketing efforts. <br/> Neither Fidelity nor Slido will individually respond to any feedback you provide in the event survey unless required to do so by applicable law. Please do not include any personally identifiable information related to an account in your responses. If you have questions or comments that you would like Fidelity to follow up with you on, please contact Fidelity directly through your normal contact channel. <br/>

Is this bull market too good to be true? On this episode of Market Sense, our Fidelity leaders dig into the data points driving the recent solid economic growth and resilient earnings. We’ll also discuss the potential peace agreement with Iran, the historic SpaceX IPO, and the forecast for interest rates as new Fed Chair Kevin Warsh presides over his first FOMC meeting.<br/> Position your portfolios for resilience and growth potential in the second half of 2026. Check out Fidelity's 2026 Midyear Outlook <a href=https://www.fidelity.com/learning-center/trading-investing/investing-outlook?ccsource=marketsenseCTA>page</a> for more insights on the markets, investing and taxes from our Fidelity pros. <br/> Read the <a href=https://media.fidelity.com/assets/Fidelity.com_VMS/845/154/061626_PODCAST_MarketSense.pdf>full transcript</a> <br/> View the <a href=https://www.fidelity.com/bin-public/600_Fidelity_Com_English/documents/learning-center/061626_Market-Sense_download.pdf>slides</a> <br/> Watch the <a href=https://www.fidelity.com/learning-center/live-pi?ccsource=061626podcast>video replay</a> <br/>

Change can happen in an instant and 2026 has already reminded us how quickly the financial landscape can shift and create volatility. Yet through it all, the bull market has remained remarkably resilient. So, the question remains: can the momentum continue? Join the Market Sense team for a timely midyear conversation with Fidelity leaders about what’s driving the current environment, and how the economic backdrop may shape the rest of the year. <br/> Bookmark the Fidelity Viewpoints 2026 Midyear Investing Outlook <a href=https://www.fidelity.com/learning-center/trading-investing/investing-outlook?ccsource=marketsenseCTA>page</a> for the latest on market headlines, risks, opportunities, and ways to potentially safeguard your retirement. <br/> View the <a href=https://www.fidelity.com/bin-public/600_Fidelity_Com_English/documents/learning-center/060926_Market-Sense_download.pdf>slides</a> <br/> Watch the <a href=https://www.fidelity.com/learning-center/live-pi?ccsource=060926podcast>video replay</a>