Brendan Caldwell's Top Picks: January 25, 2024

Top picks from Brendan Caldwell, president and CEO, Caldwell Investment Management

FOCUS: North American large-cap stocks 

MARKET OUTLOOK:

The market did very well last year and coming into this year, despite elevated economic and geopolitical uncertainty. Better-than-expected earnings have supported the market’s positive momentum. The bullishness is likely stemming from the increased perception that the U.S. Federal Reserve has been able to suppress inflation, to a large extent, without causing a full-blown recession, and therefore can start cutting interest rates.