The latest U.S. jobs numbers appear to be at odds with other indicators in the economy. While recession remains the most likely scenario for many countries, could there still be a chance for a soft landing? This episode, Chief Economist Eric Lascelles, gets into the latest economic and labour market data. (Recorded: September 6, 2023) To view the t…

This episode, Stu Kedwell, Co-Head of North American Equities, discusses why it’s important for investors to recognize the “ripple effects” that come with investing in particular stocks or sectors, and how doing so can help capture potential opportunities in the market. (Recorded: September 5, 2023) To view the transcript and disclosure for this po…

This episode, Dave chats with Andrew Hay, Head, Global Infrastructure Investments, all about global infrastructure as an asset class, and how the underlying businesses within can help provide diversification benefits for investors. Andrew also chats about his background and career journey prior to joining RBC GAM. (Recorded: August 31, 2023) To vie…

China’s post-pandemic economic recovery has stalled. Retail sales have weakened, international trade is in a free-fall and housing problems continue to mount. How will these headwinds impact growth in the short and long term? What steps are policymakers taken to help revive activity? This episode, Chief Economist Eric Lascelles, weighs in on the pa…

Will the economy continue to slow? How will this impact the outlook for earnings growth? This episode, Stu Kedwell, Co-Head of North American Equities, returns to discuss the recent events in markets, and the key investment themes investors can keep top-of-mind as we enter the fall. (Recorded: August 30, 2023) To view the transcript and disclosure …

This episode, Chief Economist Eric Lascelles breaks down the latest Canadian and U.S. jobs market numbers and what they indicate for the broader economy. Eric also discusses the impact of falling inflation on wage pressures, and whether the era of interest rate increases is finally ending. (Recorded: August 4, 2023) To view the transcript and discl…

Will Canada’s energy transition help or hurt its economy and stock market? This episode, Scott Lysakowski, Vice President & Senior Portfolio Manager, Head of Canadian Equities, Phillips, Hager & North Investment Management, catches us up on the latest in Canadian equities and the outlook for the energy sector in this period of change. (Recorded: Au…

This episode, Stu Kedwell, Co-Head of North American Equities, discusses the challenges of balancing risk and reward for long-term investors in the short-term “no man's land” of today’s markets. Stu also explains how sentiment can play a significant role in the decision-making process, and why understanding these dynamics can help investors make in…

This episode, Dagmara Fijalkowski, Head of Global Fixed Income & Currencies, provides an update on bond markets, shares her outlook for inflation and the timing of a terminal rate, and explains tactical changes she’s made in her portfolios as a response to the current environment. Dagmara also examines the effects of U.S. dollar weakness on global …

This episode, Stu Kedwell, Co-Head of North American Equities, catches us up on how markets have been performing so far this summer. Stu also shines a light on some reasons for optimism and how investors can capitalize on them with an effective dollar cost averaging strategy. (Recorded: July 20, 2023) To view the transcript and disclosure for this …

Canada’s unemployment rate rose in June, despite a significant increase in the number of jobs. What impact will this mixed data have on the Bank of Canada as it gives its latest decision on interest rates? This episode, Chief Economist Eric Lascelles discusses what’s new in Canada’s jobs market and weighs in on if recession is finally here. (Record…

This episode, Melanie Adams, Vice President and Head, Responsible Investment, discusses the latest news and trends in the ESG space, including a higher focus on regulatory requirements, as well as the growing anti-ESG sentiment in the U.S. Melanie also explains the tools and metrics her team uses to assess risks to provide companies with transparen…

This episode, Dave catches up with Marcello Montanari, Vice President & Senior Portfolio Manager, North American Equities, for an overview of the technology sector and how these stocks have been performing this year. Marcello then dives into artificial intelligence and how it’s transforming the ways in which companies do business and how investors …

This episode is all about balance sheets. Stu Kedwell, Co-Head of North American Equities, gives a detailed breakdown of how businesses can structure their balance sheets to ensure they are properly positioned for higher interest rates and a slowing economy. (Recorded: June 28, 2023) To view the transcript and disclosure for this podcast, please vi…

This episode, Stu Kedwell, Co-Head of North American Equities, provides some soundbites he shared with advisors during a recent conference. Stu explains why bullish sentiment is on the rise, despite some concerning economic signals, and discusses his thoughts on early cycle stocks that could be poised for growth. (Recorded: June 21, 2023) To view t…

This episode, Sarah Riopelle, Vice President & Senior Portfolio Manager, Investment Solutions, discusses how she is thinking through near-term challenges in markets and how her portfolios are positioned in response to the current environment. Sarah also reminds investors about the importance of staying disciplined through the highs and lows of mark…

After sharing recent sports updates, Dave and Stu Kedwell, Co-Head of North American Equities, discuss chasing rallies in the market. Later, Stu reveals why he’s focused on the duration of inflation rates. (Recorded: June 13, 2023) To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/sh…

This episode, Stu Kedwell, Co-Head of North American Equities, unpacks the mixed signals markets have been sending recently. Stu also explains how analyzing market breadth indicators can help to reveal areas of strength or weakness in a particular index. (Recorded: June 7, 2023) To view the transcript and disclosure for this podcast, please visit h…

This episode, Michael Kitt, Head, Private Markets and Real Estate Equity Investments, provides an overview of private markets, and shares how investors can find opportunities for portfolio diversification within the asset class. Michael also shares his outlook on the future of commercial real estate post-pandemic. (Recorded: June 5, 2023) To view t…

This episode, Andrzej Skiba, Senior Portfolio Manager, Head of U.S. Fixed Income, RBC Global Asset Management (U.S.) Inc., provides an update on U.S. fixed income markets. Andrzej comments on recent political and economic developments, including the U.S. debt ceiling debate, the labour market and the Fed’s direction on inflation. (Recorded: June 2,…

The labour market is looking healthy, but anticipation for recession remains. This episode, Chief Economist Eric Lascelles, discusses the latest job market data and what it means for the economy. Eric also talks about signs that the Canadian housing market is recovering. (Recorded: June 2, 2023) To view the transcript and disclosure for this podcas…

This episode, Stu Kedwell, Co-Head of North American Equities, shares some early observations on North American bank earnings so far. Stu also draws comparisons between Canadian and U.S. markets, noting the challenges facing cyclical stocks and how AI technology is providing a boost to stock market performance in the U.S. (Recorded: May 24, 2023) T…

This episode, Scott Lysakowski, Vice President & Senior Portfolio Manager, Head of Canadian Equities, Phillips, Hager & North Investment Management, dives into the current state of the Canadian equity market. Scott chats about how a slowing economy weighs more heavily on cyclical sectors like commodities and financials in the near term, but also ho…

Chief Economist Eric Lascelles discusses lending conditions as an indicator for a recession before sharing insights around small and mid-sized U.S. banks. (Recorded: May 9, 2023) To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/lending-conditions-and-bank-liquidity-in-us-economy/det…

After sharing Italian travel stories, Stu Kedwell, Co-Head of North American Equities, discusses how his team is improving the odds of an overall portfolio over the long-term. (Recorded: May 9, 2023) To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/turning-a-negative-into-a-positive…

This episode, Stu Kedwell, Co-Head of North American Equities, provides his views on earnings season so far, the challenges companies may face in the second half of the year, and what it all means for investors. (Recorded: April 26, 2023) To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podc…

This episode, Stu Kedwell, Co-Head of North American Equities, discusses U.S. bank earnings last quarter, and how banks and corporate real estate lending could be affected by hybrid return-to-work models. (Recorded: April 18, 2023) To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/ba…

This episode, Stu Kedwell, Co-Head of North American Equities, discusses the latest inflation report out of the U.S., what it means for the future of interest rates, and how the yield curve is affected. Stu also reviews Canadian dividend stocks, and why they can be an attractive investment option for today’s market environment. (Recorded: April 12,…

This episode, Sarah Riopelle, Vice President & Senior Portfolio Manager, Investment Solutions, offers her perspective on the state of today’s markets, interest rate policies, and recession. She also provides her thoughts on how she is adjusting her asset mix to reflect these evolving scenarios. (Recorded: March 31, 2023) To view the transcript and …

This episode, Stu Kedwell, Co-Head of North American Equities, talks about some of the tools that central banks can use to help stabilize the market during downturns. Stu also explains why current market conditions are a perfect example of why it’s important for investors to prepare their portfolios for a variety of scenarios. (Recorded: March 31, …

This episode, Chief Economist Eric Lascelles recaps the recent fallout in the international banking sector, and if intervention by central banks could have long-term impacts. Eric also provides an update on stubborn inflation and compares the current recessionary climate to that of 2007-2009. (Recorded: March 31, 2023) To view the transcript and di…

This episode, Stu Kedwell, Co-Head of North American Equities, discusses how markets and central banks around the world are responding to the Credit Suisse takeover, and what it could mean for the financial sector as a whole. Stu also shares strategies for investors to manage through unexpected market events. (Recorded: March 20, 2023) To view the …

What caused the implosion of Silicon Valley Bank? What's at stake for markets, businesses, and investors? This episode, Stu Kedwell, Co-Head of North American Equities, weighs in on the current situation. (Recorded: March 13, 2023) To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/si…

This episode, Stu Kedwell, Co-Head of North American Equities, discusses his views on the current market landscape and how investors can navigate this period. He notes that short-term changes in markets, while notable in the present, may not ultimately impact the long-term intentions to resolve them. Stu also talks about the waiting game of monetar…

This episode, Stu Kedwell, Co-Head of North American Equities, dives into the earnings results from Canadian banks, what they reflect for the broader economy, and whether they will signal further action on interest rates from central banks. (Recorded: March 1, 2023) To view the transcript and disclosure for this podcast, please visit https://www.rb…

This episode, Chief Economist Eric Lascelles discusses the latest economic data from the U.S., focusing on how strong labour market and consumer spending data may impact interest rate decisions by the Federal Reserve. Eric also explores whether this resilience will spill over into the Canadian economy and what that could mean for the future of rate…

Market sentiment has been largely focused on two questions: how fast will inflation decline from here, and how will earnings hold up in a slowing economy? This episode, Stu Kedwell, Co-Head of North American Equities, discusses the factors at play in the current market, and how investors can tilt the odds in their favour by investing regularly and …

This episode, Stu Kedwell, Co-Head of North American Equities, discusses how to make sense of current market conditions, and why a dollar-cost averaging strategy can help minimize the impact of short-term volatility and help investors maintain long-term focus. (Recorded: February 16, 2023) To view the transcript and disclosure for this podcast, ple…

This episode, Scott Lysakowski, Vice President & Senior Portfolio Manager, Head of Canadian Equities, Phillips, Hager & North Investment Management, discusses how statistics can be used to help make educated guesses on future trends in the Canadian stock market. Scott also weighs in on the factors that are shaping commodity markets in Canada, and w…

January’s U.S. jobs report soared above expectations, with the lowest unemployment rate in over 50 years. Yet, stocks fell last Friday in response to the news. This episode, Stu Kedwell, Co-Head of North American Equities, discusses the market reaction to these positive employment numbers, and if this will change the direction of interest rates. St…

This episode, Chief Economist Eric Lascelles discusses why the U.S. job market is still so strong, despite recession warning signs elsewhere in the economy. Eric also weighs in on other topics, including the Federal Reserve’s latest interest rate hike, and the outlook for the Canadian economy. (Recorded: February 3, 2023) To view the transcript and…

After a rough year, technology stocks are having a solid start to 2023. Are brighter days ahead for the sector? Or is the tech bubble on the verge of bursting? This episode, Stu Kedwell, Co-Head of North American Equities, discusses the tech market shake-up, and what it could mean for investors. Stu also shares insight into technical analysis and h…

Cryptocurrencies have enjoyed a great start to the year. What’s causing this rally? Can it last? This episode, Karim Hamasni, Director, Crypto Asset Innovation, breaks down what’s going on in the crypto market today, and some of the key drivers that are propelling this movement. Karim also discusses key longer-term themes and potential risks for th…

This episode, Stu Kedwell, Co-Head of North American Equities, provides a brief overview of scenario analysis to explain how he anticipates companies to perform under various market and economic conditions. (Recorded: January 17, 2023) To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcast…

This episode, Sarah Riopelle, Vice President & Senior Portfolio Manager, Investment Solutions, discusses how she is managing portfolios – particularly around fixed income – coming out of the turbulence of 2022. Sarah also reflects on the tactical asset changes she’s made to her portfolios in response, and revisits her ten basic truths of investing …

This episode, Chief Economist Eric Lascelles weighs in on the mixed macroeconomic outlook for the year ahead. Eric discusses the latest employment data, recession timing, whether interest rates will peak, and what it will take to revive the Canadian housing market. (Recorded: January 13, 2023) To view the transcript and disclosure for this podcast,…

This episode, Stu Kedwell, Co-Head of North American Equities, reflects on the last few weeks of market headlines in 2022. Stu also shares what he is thinking about for portfolios in 2023, including the possible opportunities for Canadian investors amid a slower U.S. dollar. (Recorded: January 10, 2023) To view the transcript and disclosure for thi…

Core inflation in the U.S. continues to turn lower. How are markets responding? This episode, Stu Kedwell, Co-Head of North American Equities, discusses how investors can navigate this changing economic landscape and the importance of consistent and disciplined investment process. Stu also highlights how dividend stocks have held up in the inflatio…

The stability of energy stocks, and the recent decline in oil prices has made for an interesting trend in the sector. (Recorded: December 9, 2022) To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/whats-behind-the-oil-slowdown/detail.بقلم RBC Global Asset Management (RBC GAM)

This episode, Stu Kedwell, Head of North American Equities, takes a look at year-end earnings from Canadian banks, and what these results could signal for the broader economy. (Recorded: December 6, 2022) To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/checking-in-on-canadian-banks…