David Burrows' Top Picks: February 27, 2023

Top picks from David Burrows, president and chief investment strategist, Barometer Capital Management

FOCUS: North American large caps 

MARKET OUTLOOK:

The thesis that the Barometer Investment team continues to work with is that low interest rates and the reversal that took place at the COVID-19 low in March 2020 marked a regime change. The change marks a pivot from a roughly 40-year period of disinflation to a new long cycle of reflation. This change effectively means that investors have to look through a different set of lenses than they have over the previous four decades.