Barry Schwartz, chief investment officer and portfolio manager at Baskin Wealth Management, explains why he's steadfast in his refusal to buy into the cannabis market on behalf of his clients. He says that the sector remains "in the realm of speculation."
Barry Schwartz discusses Restaurant Brands, Intertape Polymer, Bank of America, Cineplex, SNC-Lavin, Cargojet, Keyere, Loblaw, Couche-Tard, Royal Bank, Microsoft, Brookfield Business, Electronic Arts, Open Text and Delta Air Lines.
Barry Schwartz says fear has overtaken the facts in how investors are viewing the stock markets. The TSX and S&P 500 are relatively flat year-do-date, yet Barry says the backdrop shows continued economic strength and record dividends, buybacks and earnings. He says there are plenty of reasons to be bullish and stocks are not expensive.