What's next for stocks?

Is a new bull market closer than we think?

June 01, 2023 View in a browser

FIDELITY VIEWPOINTS® WEEKLY EDITION: June 01, 2023

Stock market: What's ahead for the rest of 2023? Stocks often bottom before the economy does, so a new bull market could be closer than you'd think, says Jurrien Timmer. What he's watching 5 money moves to consider right now These quick action items could help you save money and boost your financial security for the second half of the year. Get our tips A debt-ceiling deal An agreement has been reached intended to prevent the government from defaulting on its debt. What to know Understanding money market funds Designed for safety, they can also offer attractive yields without tying up your cash. Learn more Financial protection for LGBTQ+ couples This Pride month, check in on your finances to make sure you have a strong plan with legal safeguards. Protect those you love Our latest thinking on the markets What you need to know about the forces driving financial markets now. Get our insights Special report: Debt-ceiling update Watch the latest episode of Fidelity Viewpoints®: Market Sense as panelists discuss the latest debt ceiling developments, what the tentative agreement includes, and how it could potentially impact investors. Watch now

Like this newsletter? Forward to a friend or family member and invite them to subscribe.

Have a nice day! Your Viewpoints Team

Contact Us   |   Refer a Friend   |   Fidelity Mobile®   |   Unsubscribe

Before investing, consider the investment objectives, risks, charges, and expenses of the fund, exchange-traded fund, or annuity and its investment options. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully. This information is intended to be educational and is not tailored to the investment needs of any specific investor. Past performance is no guarantee of future results. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. The stocks mentioned are not necessarily holdings invested in by Fidelity. References to specific company stocks should not be construed as recommendations or investment advice. The statements and opinions are those of the speaker, do not necessarily represent the views of Fidelity as a whole, and are subject to change at any time, based on market or other conditions. In general, the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk, liquidity risk, call risk, and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so holding them until maturity to avoid losses caused by price volatility is not possible. Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request. There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, and collars, as compared to a single option trade. Sector investing can be more volatile because of their narrow concentration in a specific industry. Digital assets are speculative and highly volatile, can become illiquid at any time, and are for investors with a high risk tolerance. Investors in digital assets could lose the entire value of their investment. Diversification cannot ensure a profit or protect against loss. Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss. Your ability to sell a CD on the secondary market is subject to market conditions. If your CD has a step rate, the interest rate of your CD may be higher or lower than prevailing market rates. The initial rate on a step rate CD is not the yield to maturity. If your CD has a call provision, which many step rate CDs do, please be aware the decision to call the CD is at the issuer's sole discretion. Also, if the issuer calls the CD, you may be confronted with a less favorable interest rate at which to reinvest your funds. Fidelity makes no judgment as to the credit worthiness of the issuing institution. Fidelity does not provide legal or tax advice and the information provided above is general in nature and should not be considered legal or tax advice. Consult with an attorney or tax professional regarding your specific legal or tax situation. Fidelity Brokerage Services LLC does not offer digital assets nor provide clearing or custody services for such assets.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917 1037578.46.0    CV1 EMAIL REF# 12470850950.3273542 © 2023 FMR LLC. All rights reserved.