“In most cases, well-managed, sustainable companies with strong market positions will not have to cut their earnings estimates and may even be able to raise them. In a volatile environment, we think holding a basket of stocks with these attributes will lead to outstanding results.” — Donny Moss
Key takeaways from his comment:
- Recession worries are intensifying.
- Bond yields are falling significantly, helping equities in interest-sensitive areas.
- We are sticking to our process, trimming winners and adding to names we think have overcorrected.
- We are adding U.S. exposure to the Canadian mandate.
Donny Moss, CFA
Senior Director, Portfolio Manager, North American Equities, iAIM
