Paul Harris' Top Picks: May 11, 2023

Top picks from Paul Harris, partner and portfolio manager, Harris Douglas Asset Management

FOCUS: North American and global large cap

MARKET OUTLOOK:

Nothing much seems to be affecting this market — not an inflation shock, not an interest rate shock, not a war shock, not a debt-ceiling shock. The risk to the market is that, nearly 90 per cent of this year’s advance in the S&P 500 has come from seven companies — Apple, Microsoft, Alphabet, Amazon, Tesla, Meta Platforms, and Nvidia.