Jim Lowell, editor-in-chief of Fidelity Investor, discusses how Fed Chair Janet Yellen’s testimony on Tuesday reflects her view that the recovery has not fully stimulated what she feels to be the most aspect of the economy: jobs.

While Jim maintains that the U.S. is still the healthiest in economy in the world, Jim also talks about where to find opportunities abroad — mainly in Europe and Asia. The geopolitical tension caused by Greece provides opportunities for bargains, Jim argues, while the Pacific Basin — which is currently importing, not exporting, commodities such as oil — is hot on Jim’s trading radar.

Specifically, two holdings which Jim has been following:

• Fidelity Pacific Basin (MUTF:FPBFX) — with top holdings in names such as Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) and AIA Group Ltd. (OTCMKTS:AAIGF)
• Fidelity Japan Smaller Companies (MUTF:FJSCX), which has top holdings such as Lintec Corp. (OTCMKTS:LNTEF) and Tokio Marine Holdings Inc (ADR) (OTCMKTS:TKOMY)

Check out the video above for more.

Jim Lowell is the editor of Fidelity Investor. Sign up for Fidelity Investor today and you’ll also receive his free report on the top sector funds and ETFs for 2015.