Corporate Fundamentals and the Economic Slowdown in 2023

Corporate fundamentals are going to play a key role given the continued monetary tightening and what that might mean for a growth slowdown. Interest coverage ratios are near all time highs although this was the first quarter that they have actually weakened materially from one year earlier. Investors are going to want to be selective about the corporations that they're exposed to, says BMO's Daniel Belton.