Our Insights


This month, Jason gives a recap of 2022, a 2023 outlook and discusses portfolio positioning.



2022 RECAP

Russia invaded Ukraine, created supply chain crisis and oil prices spike

China zero Covid policy continues to effect supply chain

Highest inflation since 1980’s

Fed tightens economy with unprecedented rate hikes

Cyclical stocks struggle with higher rates


Economic forecasts suggest we will have a recession

Most leading indicators are negative

Appears to it will be mild as consumption and services   remain strong

Expect inflation continuing to ease

Corporate earnings may struggle in first half of the year

Unemployment likely ticks a bit higher


High Quality: Companies with strong balance sheets, free cash flows, dividends

Bonds are attractive as they are offering highest
yields in decades

Consider adding buffers