Barita BrainTrust Podcast

It was a pleasure speaking with Hon. Edmund Bartlett, Minister of Tourism during ep. 13 of the Barita Podcast.

An exciting sit down with Cecil Foster, Managing Director of Fosrich Group of Companies.

Raul Pinnock, Daren McGregor, Awah Muirhead and Ambraee Houslin continue to discuss Quick Picks within the stock market.

Raul Pinnock, Daren McGregor, Awah Muirhead and Ambraee Houslin discuss Quick Picks within the stock market.

Raul Pinnock, Richardo Williams and Dave Dixon talk investment strategies within the stock market.

Geopolitics influences our investment outcomes more than you may know. On March 14, 2022 the Team spoke with Dr. Adrian Stokes, VP of the PSOJ and Dianne Parram, President of Jamaica Gasolene Retailers Association about the impact of inflation, increased oil prices and how you can position yourself investment portfolio.

We take a further look at interest rates and our expectations for the companies most likely to benefit/likely to not be impacted as much from our expectation of higher rates. We then summarize our outlook for stocks/investment selection for the remainder of 2022 as follows 1) Continuing to eye strong base effect companies who can benefit from economic recovery 2) Stable balance sheet companies that can withstand the rise in global interest rates.

Given the discussed macroeconomic environment we then discuss some stock picks that investors could consider. Our picks include Tropical Battery, Express catering Limited, Wisynco, and JMMB. ALL of which we believe the current environment will afford significant tailwinds. The greater push to renewables and improvement in efficiency should aid tropical while the continued growth/rebound in the tourism sector provides benefits to ECL and Wisynco. Finally, we think JMMB has long been an undervalued option and it’s our hope the pending buyback will spur price appreciation.

In this section, we look at the current global economic environment. Inclusive of the current situation with global economic growth, interest rates, inflation, and the general level of uncertainty currently at an all-time high. We then go on to look at the domestic context, including recent quarterly domestic GDP projection and the implication of the current monetary environment on particularly sectors (specifically the construction sector). We then Segway into how the local market has performed given this global and domestic macro-economic environment.

In light of the current market events, traditional asset classes have experienced increased pressure to provide adequate returns to investors