Justin Elliott on BNN Bloomberg’s The Close | July 4, 2023

Investors less confident about non-tech stocks

Justin Elliott, Portfolio Manager at Caldwell Investment Management, joinned BNN Bloomberg to discuss the market highlights so far this year, and his outlook for the second half of 2023. He says markets have surprised with their resilience, but companies are sounding cautious about advance orders and consumer confidence is weakening. He discusses his outlook for AI stocks and explains why he likes housing, and supply chain resilience-related sectors going forward.