Brett Girard's Top Picks: November 22, 2022

Top picks from Brett Girard, chief financial officer and portfolio manager, Liberty International Investment

FOCUS: Global stocks 

MARKET OUTLOOK:

It is likely the market will continue to struggle for direction as we head into year-end. Inflation appears to be peaking, but between six and eight per cent year-over-year we are still in the throes of it. On the jobs front, despite the widespread layoffs throughout the tech sector, employment remains stubbornly strong (3.5 per cent unemployment, 10 million open jobs). To top it off, we have an emboldened U.S. Federal Reserve that continues to signal financial conditions are too loose and interest rates are going higher.