Investors will pay for stability, this will bring them back to the U.S.: Brian Belski
Brian Belski, chief market strategist at BMO Capital Markets, joins BNN Bloomberg with his 2023 outlook for the U.S. and Canadian markets, and says North American equities are still the best assets in the world. He has a target of 4,300 for the S&P500 and 22,500 for the TSX and is a gold bull for next year as he expects assets to move to the precious metal from crypto. Belski also explains why he thinks consumer staples and utilities are not defensive sectors anymore, and why Blackstone (BX NYSE) is his stock pick at this time.