Zach Curry's Top Picks: January 10, 2023
BNN Bloomberg
Top picks from Zach Curry, director and portfolio manager, Greenrock Capital Partners
FOCUS: North American large caps
MARKET OUTLOOK:
From an overall economic point of view, while inflation remains at elevated levels compared to the previous decade, we think it will decline from current levels going forward. We see inflation declining the fastest in physical products (as supply chains open up from the effects of COVID-19), followed by service offerings as well as wages and benefits. Over the past year, central banks around the world have raised interest rates by record amounts in order to slow and reduce inflation. We believe we have just started to see the results of this (inflation stabilizing and in some cases declining). While interest rates may continue to rise in the near future, we think the amount by which rates will rise going forward will continue to decline.
