Podcasts from RBC Global Asset Management

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 transcript and disclosure for this podcast, please...

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 podcast, please visit https://www.rbcgam.com/en/ca/i...

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 path ahead for China’s economy. (Recorded: August 31...

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 view the transcript and disclosure for this podcast,...

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 for this podcast, please visit https://www.rbcgam....

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 disclosure for this podcast, please visit https://www.r...

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: August 1, 2023) To view the transcript and d...

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 informed choices. (Recorded: July 27, 2023) To view...

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 currencies. (Recorded: July 21, 2023) To view...

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 podcast, please visit https://www.rbcgam.com/en/ca...

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. (Recorded: July 10, 2023) To view the transcript and disc...

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 transparent, meaningful reporting. (Recorded: June 30, 2023)...

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 can capture this trend in their portfolios. (R...

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 visit https://www.rbcgam.com/en/ca/insights/podcasts...

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 the transcript and disclosure for this podcast, ple...

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 markets. (Recorded: June 14, 2023) To view the tra...

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/sharing-nuggets-about-rallies-and-inflation/detail/...

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 https://www.rbcgam.com/en/ca/insights/podcasts/dete...

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 the transcript and disclosure for this podcast, ple...

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 podcast, please visit https://www.rbcgam.com/en/ca/insig...

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, 2023) To view the transcript and disclosure for 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 how these sectors could be well positioned t...

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) To view the transcript and disclosure for this podc...

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/detail/ . RBC, GAM, RBC GAM, RBCGAM, podcast, investe...

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-with-a-long-term-view/detail/ . RBC, GAM, RBC GAM...