August 2018: Could Turkey's turmoil travel?

Fidelity’s Asset Allocation Group gather to discuss how they are positioned this month - and here you can listen in on their August debrief, hosted by Richard Edgar, Editor in Chief. Global Economist Anna Stupnytska, Portfolio Manager George Efstathopoulos and Multi Asset CIO James Bateman discuss the likelihood of a financial shock from the Turkey crisis spilling over into not just emerging but also developed markets - and where the contagion might be most significant if it does. And we catch up with another Portfolio Manager, Bill McQuaker, to hear why he’s growing more and more cautious about the optimistic US economy. Finally, the guests reveal their hot cakes and hot potatoes: the Japanese Yen, Latin American equities, and oil pipelines all feature - but in which category? And if you enjoy Rich Pickings, why not try our other podcast: Fidelity Answers. See omnystudio.com/listener for privacy information.