“We also see opportunities in energy, infrastructure and utilities, because many stocks have corrected significantly owing to higher interest rates.” — Donny Moss
Key Takeaways:
- Expect continued volatility in equities as we move into 2023; economic growth is slowing and rate hikes will have a greater impact.
- Our overweight in energy was the main detractor to performance in Canada, while consumer discretionary was the leading positive contributor in the United States.
- We see opportunities in the energy, infrastructure, and utilities sectors.
Donny Moss, CFA
Senior Director, Portfolio Manager, North American Equities, iAIM
