Anna Stupnytska, Global Macro Economist at Fidelity International, discusses the impact of climate change on growth, inflation, and interest rates. She explores the trade-off between transition and physical risks, the implications for asset prices and strategic asset allocation, and distinguishing 'signal from noise' in ESG data.

Steve Ellis, Marty Dropkin, Anna Stupnytska, Jenn-Hui Tan, Neil Cable, and Michael Curtis discuss Fidelity's investment outlook for 2024, exploring scenarios of tight monetary policy, soft landing, real estate shifts, sustainability, and the impact of high inflation rates. They also analyze the potential scenarios for China's economy and the importance of nature loss alongside climate change.