Gordon Reid's Top Picks: September 9, 2022
BNN Bloomberg
Top picks from Gordon Reid, president and chief executive officer, Goodreid Investment Counsel
FOCUS: U.S. Equities
MARKET OUTLOOK:
Last month’s BNN Market Call Outlook by Goodreid ended with, “Our conclusion of the current state of equity markets is that they are fragile, moving on sentiment more than fundamentals and therefore susceptible to a retracement of the recent advance.” Not a particularly brave call necessarily, but simply a recognition that until the storm clouds of higher rates, inflation and recession clear out, sentiment is in the driver’s seat.
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