Fidelity's Timmer: 'Global bull market' has offsets to overcome its challenges

Jurrien Timmer, director of global macro at Fidelity Investments, says that the market has been dealing with "cross-currents," where concerns about tariffs increasing inflation have been offset by declining oil prices, and where a lack of rate cuts has been countered by record corporate profits. It all combines to create a market that Timmer says can get past the concerns to deliver modest gains moving forward; he makes a case for domestic markets, noting they are not as overvalued as investors might expect after several big years and that they are not facing significant recession or downturn potential.

Todd Rosenbluth, head of research at VettaFi, makes a brand new fund — part of a just-launched suite of funds that use options to generate income off of traditional sector indexes — as his ETF of the Week.

Wealth manager Derek Ober of Ober Financial discusses the latest release from the Northwestern Mutual 2025 Planning and Progress Study, which showed that a growing number of Americans plan to leave an inheritance to their heirs, but fewer people expect to receive money from an inheritance. Ober says that a lack of communication between the generations is at the heart of the issue.