Michael Sprung's Top Picks: November 2, 2022

Top picks from Michael Sprung, president, Sprung Investment Management

FOCUS: Canadian large-cap stocks 

MARKET OUTLOOK:

Markets continue to be volatile as investors react to forces impacting the economic outlook. The war in Ukraine drags on, prolonging shortages in energy and other commodities including food. Europeans are facing a very tough winter as they are now acutely aware of the folly of creating such a great dependence on Russian exports. Global supply chains are shifting as the pandemic, and now the war, have highlighted the strategic fault lines in their design. Restructuring supply routes and manufacturing will take many years to develop.