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. Position your portfolios for resilience and growth potential in the second half of 2026. Check out Fidelity&#x27;s 2026 Midyear Outlook page for more insights on the markets, investing and taxes from our Fidelity pros. Read the full transcript View the slides Watch the video replay

06.16.26 - How may SpaceX IPO, the Fed, & Iran move stocks?

Fidelity Viewpoints: Market Sense

Hi there, everybody. Thank you so much for making the time to join us for another episode of Market Sense. I'm Heather Hedges with Fidelity. Right now, we're watching a potential diplomatic breakthrough that could end the 15-week conflict with Iran and open the Strait of Hormuz. The details are still being worked out right now, but the markets are in relief mode. And this could potentially add to what's already been a very strong year for market fundamentals and earnings momentum. Plus, it is a pivotal week for the Fed's new chairman, Kevin Warsh, as he leads his first meeting right now.

As we speak with central bank governors to talk about interest rates. So a lot going on. The headlines keep coming at us. And to help us navigate some of them today, we are joined by Naveen Malwell. He's a CFA charterholder here at Fidelity and an institutional portfolio manager for Strategic Advisors, which is our investment management firm here at Fidelity that helps to handle millions of client accounts. We're also excited to welcome a new face to the show, Bradford Pinalt. He is a CFA and the head of Capital Market Strategy and the CEO of the Fed.

Just here at Fidelity. And in that role, he travels the country speaking to advisors about the markets. So it's great to have both of you who have customer-facing roles and you're constantly watching and helping customers digest and interpret information from the markets. I'm excited for this conversation today. And Bradford, welcome. Thank you so much, Heather. It's great to be here. It's good to be here.

06.16.26 - How may SpaceX IPO, the Fed, & Iran move stocks?

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.