Our Fidelity expert panel reflects on the current market environment, and provides an in-depth analysis of the energy and materials sectors. Director of research and portfolio manager Joe Overdevest leads the discussion, along with equity research analysts Brendan Cochrane and Thomas Goldthorpe. Traditional energy - or oil - is continuing to lead the way and making some significant strides as of late. So what's driving this recent rally and how can investors take advantage of the opportunities in this sector? Thomas speaks to ESG and the oil sands. He says the five largest oil sands producers in Canada have formed a coalition to develop and implement a new technology that is supportive of ESG. And with this technology, if net zero emissions levels are reached, this will allow for them to become ESG winners in the future. Even though the energy sector is experiencing positive runs as of late, Joe explains we are seeing supply side constraints on the commodities side in many areas. Brendan says lumber and copper are two materials to keep an eye on. He adds keeping an eye on China will reflect on how well copper will do in the future.

Recorded on August 25, 2021.