As investors open their 2022 year-end statements and see the dramatic declines in their portfolios, they may find it hard to be optimistic, especially with a looming recession forecast by economists and in the news headlines.
Major stock markets worldwide were under pressure in 2022. Looking ahead, what geographical regions are you bullish on? For Canada, a few things here. One, if we go into a material recession, the energy sector will not perform well. And while there are certain supply issues for energy, the fact is that as demand falls off, oil is going lower.
Keep your powder dry
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