Jamie Murray's Top Picks: October 31, 2022

Top picks from Jamie Murray, portfolio manager and Head of Research, Murray Wealth Group

FOCUS: Global equities 

MARKET OUTLOOK:

Markets remain on edge with inflation remaining persistent, weakening end markets in consumer, technology and housing; along with increasing political risk with the war in Ukraine and China. We have seen 2023 earnings per share (EPS) estimates fall sharply since summer as markets start to price in a recession in 2023 and will likely decline from 2022 levels when it’s all said and done.