Michael Decter's Top Picks: June 22, 2023

Top picks from Michael Decter, chief executive officer and chief investment officer, LDIC Inc.

FOCUS: North American large caps 

MARKET OUTLOOK:

We expect equity markets to remain volatile. There will be sector rotation and narrow markets until the U.S. Federal Reserve sees a path to its target inflation rate and stops increasing interest rates. When rates plateau and certainty is restored, there will be a basis for the yield curve resuming to a more normal shape, not inverted.