Peter Jackson / January 8th, 2019

North American Equity Strategy Review

Peter Jackson

We will start by stating the obvious, valuations have become a whole lot cheaper. However, earnings growth is beginning to slow, and we put more weight on that particularly with short term interest rates on the rise. Let’s start with a quick review of what we think has caused the market selloff during the fourth quarter as it helps to establish the correct course of action going forward.