BMO's Brian Belski: Be Neutral Energy

The video discusses market uncertainty and the importance of not being reactive. It advises maintaining a balanced investment strategy, particularly in big tech and consumer staples, while being cautious of high multiple tech areas. The energy sector's recent performance and future prospects are analyzed, emphasizing the need for a focus on specific companies rather than sectors. The impact of sanctions on international oil companies and the advantages of domestic and Canadian investments are also covered.

What is the recommended approach to investing in a reactive market?

• Make quick buy or sell decisions

• Invest heavily in speculative stocks

• Avoid investing altogether

• Focus on companies with strong fundamentals

Why should big tech companies be considered as part of most investment portfolios?

• They have low market value

• They are considered consumer staples

• They are not affected by market changes

• They are highly volatile

What is the current market perception of big tech companies?

• They are not part of growth portfolios

• They are considered outdated

• They are being treated as consumer staples

• They are seen as high-risk investments

What is the current challenge faced by energy companies?

• Lack of demand for oil

• Difficulty in adding capital due to the pandemic

• Excessive supply of oil

• High employee turnover

Why are money center banks well-positioned in the current market?

• They avoid international exposure

• They invest only in energy sectors

• They have multi-divisional assets

• They focus solely on regional markets