Vice President of Investments at Stone Funds
Member since: Jul '06 · 327 Opinions
Markets. Thinks that it will get down to the wire and it will be a gradual thing come January. The chances of them letting it go, it would be ridiculous. If the US goes into a recession this time, Canada will be far greater than last time. It is unlikely that scenario would play out. She prefers a lot of US stocks because they look relatively attractive. Likes the lack of exposure to commodities. In Canada, likes Energy, dislikes Materials, mining. Likes Financial but it is fully values and that is the Canadian market.
Markets. Italy is very concerning. Don’t know who will be running the show. It puts the Euro in a new light. This election has really put Italy back in the forefront. The fourth largest debtor in the world. The impact on the economy will not be as much as the payroll tax will be. Italy could be the trigger for a correction, or it could be upcoming earnings for first quarter. Focusing on technology and healthcare stocks but keeping cash on the side.