John O'Connell's Top Picks: March 17, 2023

Top picks from John O'Connell, chief executive officer, Davis Rea Ltd.

FOCUS: North American large-cap stocks 

MARKET OUTLOOK:

 For the past 24 months, the S&P 500 has made little progress and fallen 20 per cent from its peak. Investors have incessantly debated interest rate policy, the always next, most important data point that will reveal the path forward and whether and when a recession will occur.