November 2019 Chapter Meeting

Trade Wars & Geopolitical Threats? Economies Slowing? What to Do?

Bruce Johnstone, CFA, Senior Managing Director and Marketing Investment Strategist, Fidelity Investments

9 Church & Conference Center
1100 Perimeter Park Dr #118, Morrisville, NC 27560

Saturday, November 9, 2019 at 10:00AM
$7 at the door for everyone. No advanced reservations

Strong corporate profit growth in 2018 is now being confronted by: late cycle economies/trade uncertainty/China growth risk/geopolitical crises. Bruce Johnstone addresses the question: Can fiscal and monetary measures and trade breakthroughs hold off gremlins?

Attend This Meeting and Learn

  • Whether economic uncertainty/geopolitics/politics/markets’ volatility are overwhelming or not
  • Whether the “free market” principles will be offset by politics and trade wars
  • How might we change the culture in Washington to reduce uncertainty and improve confidence in the private sector

About our Speaker

Between degrees from Harvard College and Harvard Business School, Bruce 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. This return ranked Bruce 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.

A Chartered Financial Analyst (CFA) and managing director of Fidelity Investments, Bruce is currently serving as senior marketing investment strategist for Fidelity’s retail and institutional companies. Eric Kobren, former publisher of Fidelity Insight, one of the leading newsletters researching Fidelity’s funds in the U.S., has said Bruce ranks “a close second” to Peter Lynch as Fidelity’s best all-time fund manager